Organto Foods (CVE:OGO) Shares Up 23.8% – Time to Buy?

Shares of Organto Foods Inc. (CVE:OGOGet Free Report) shot up 23.8% during mid-day trading on Friday . The stock traded as high as C$0.13 and last traded at C$0.13. 211,477 shares changed hands during trading, a decline of 11% from the average session volume of 236,528 shares. The stock had previously closed at C$0.11.

Organto Foods Price Performance

The company has a current ratio of 0.66, a quick ratio of 1.14 and a debt-to-equity ratio of 7,545.02. The stock has a 50-day moving average price of C$0.07 and a 200 day moving average price of C$0.07. The stock has a market capitalization of C$4.21 million, a price-to-earnings ratio of -0.34 and a beta of 0.39.

About Organto Foods

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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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