Organto Foods (CVE:OGO) Trading Up 58.3% – Here’s What Happened

Organto Foods Inc. (CVE:OGOGet Free Report) shot up 58.3% during mid-day trading on Wednesday . The company traded as high as C$0.10 and last traded at C$0.10. 90,500 shares traded hands during trading, an increase of 364% from the average session volume of 19,498 shares. The stock had previously closed at C$0.06.

Organto Foods Stock Up 16.7 %

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 capitalization of C$3.85 million, a price-to-earnings ratio of -0.31 and a beta of 0.39. The business’s 50-day moving average is C$0.07 and its 200-day moving average is 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.

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