Organto Foods (CVE:OGO) Trading Up 50% – Here’s What Happened

Shares of Organto Foods Inc. (CVE:OGOGet Free Report) were up 50% during trading on Thursday . The stock traded as high as C$0.14 and last traded at C$0.09. Approximately 558,200 shares were traded during mid-day trading, an increase of 2,763% from the average daily volume of 19,498 shares. The stock had previously closed at C$0.06.

Organto Foods Stock Performance

The company’s fifty day moving average price is C$0.07 and its 200 day moving average price is C$0.07. The company has a market cap of C$4.21 million, a PE ratio of -0.34 and a beta of 0.39. 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.

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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