Organto Foods (CVE:OGO) Stock Price Up 15.2% – Still a Buy?

Organto Foods Inc. (CVE:OGO – Get Free Report)’s stock price traded up 15.2% during mid-day trading on Thursday. The stock traded as high as C$0.38 and last traded at C$0.38. 172,350 shares were traded during mid-day trading, an increase of 168% from the average daily volume of 64,279 shares. The stock had previously closed at C$0.33.

Organto Foods Price Performance

The firm’s 50 day simple moving average is C$0.50 and its 200 day simple moving average is C$0.63. The company has a debt-to-equity ratio of 7,545.02, a current ratio of 0.66 and a quick ratio of 1.14. The stock has a market capitalization of C$72.10 million, a PE ratio of -12.67 and a beta of 1.27.

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. It offers its products through bricks & mortar retail, online retail, convenience and on-the-go, and foodservice distributors.

Further Reading

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