Organto Foods (CVE:OGO) Shares Up 23.8% – Here’s What Happened

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

Organto Foods Stock Performance

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

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.

Further Reading

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