Organto Foods (CVE:OGO) Shares Up 19.5% – Time to Buy?

Organto Foods Inc. (CVE:OGOGet Free Report) shares shot up 19.5% during trading on Thursday . The stock traded as high as C$0.57 and last traded at C$0.49. 187,908 shares changed hands during mid-day trading, an increase of 47% from the average session volume of 127,876 shares. The stock had previously closed at C$0.41.

Organto Foods Stock Up 19.5%

The company has a debt-to-equity ratio of 7,545.02, a quick ratio of 1.14 and a current ratio of 0.66. The firm has a market cap of C$17.94 million, a PE ratio of -1.44 and a beta of 0.39. The stock has a fifty day moving average price of C$0.30 and a 200-day moving average price of C$0.16.

About Organto Foods

(Get Free Report)

Organto Foods Inc engages in the sourcing, processing, packaging, distribution, and marketing of organic and value-added fruit, and vegetable products. The company's products include vegetable and fruit products comprising asparagus, avocado, blueberries, ginger, herbs, mango, limes, raspberries, snow peas, sugar snaps, fine green beans, and other products under the I AM Organic, Awesome, Fresh Organic Choice brands.

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