Ceres Global (TSE:CRP) Trading Up 143.4% – Here’s Why

Ceres Global Ag Corp. (TSE:CRP) traded up 143.4% during trading on Tuesday . The stock traded as high as C$6.26 and last traded at C$6.06. 462,653 shares traded hands during trading, an increase of 5,267% from the average session volume of 8,620 shares. The stock had previously closed at C$2.49.

Ceres Global Stock Performance

The business’s 50-day moving average price is C$2.52 and its 200-day moving average price is C$2.84. The company has a debt-to-equity ratio of 40.43, a quick ratio of 0.28 and a current ratio of 1.50. The stock has a market cap of C$123.99 million, a P/E ratio of 24.81 and a beta of 0.22.

Ceres Global Company Profile

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.