Ceres Global (TSE:CRP) Shares Up 142.6% – Time to Buy?

Ceres Global Ag Corp. (TSE:CRPGet Free Report)’s share price rose 142.6% during mid-day trading on Tuesday . The company traded as high as C$6.26 and last traded at C$6.04. 1,426,262 shares changed hands during mid-day trading, an increase of 4,730% from the average session volume of 29,529 shares. The stock had previously closed at C$2.49.

Ceres Global Price Performance

The company has a current ratio of 1.50, a quick ratio of 0.28 and a debt-to-equity ratio of 40.43. The company has a 50 day simple moving average of C$2.52 and a 200 day simple moving average of C$2.84. The stock has a market cap of C$123.38 million, a P/E ratio of 24.69 and a beta of 0.22.

About Ceres Global

(Get Free Report)

Ceres Global Ag Corp. engages in the procurement and provision of agricultural commodities and value-added products, industrial products, fertilizers, energy products, and supply chain logistics and storage services worldwide. The company operates through Grain, Supply Chain Services, and Seed and Processing segments.

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