Organto Foods (CVE:OGO) Trading 50% Higher – What’s Next?

Organto Foods Inc. (CVE:OGO)’s stock price traded up 50% during mid-day trading on Thursday . The stock traded as high as C$0.14 and last traded at C$0.09. 558,200 shares changed hands during mid-day trading, an increase of 2,763% from the average session volume of 19,498 shares. The stock had previously closed at C$0.06.

Organto Foods Price Performance

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 company has a 50-day moving average price of C$0.06 and a 200-day moving average price of C$0.07. The firm has a market capitalization of C$3.30 million, a PE ratio of -0.26 and a beta of 0.39.

Organto Foods Company Profile

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.