Organto Foods (CVE:OGO) Shares Up 33.3% – Still a Buy?

Organto Foods Inc. (CVE:OGOGet Free Report) rose 33.3% during trading on Friday . The company traded as high as C$0.14 and last traded at C$0.14. Approximately 334,477 shares traded hands during trading, an increase of 10% from the average daily volume of 303,029 shares. The stock had previously closed at C$0.11.

Organto Foods Stock Performance

The company’s fifty day simple moving average is C$0.07 and its two-hundred day simple moving average is C$0.07. The company has a market capitalization of C$4.21 million, a price-to-earnings ratio of -0.34 and a beta of 0.39. 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.

Organto Foods Company Profile

(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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