Organto Foods (CVE:OGO) Trading Up 23.8% – Time to Buy?

Organto Foods Inc. (CVE:OGO) traded up 23.8% during mid-day trading on Friday . The stock traded as high as C$0.13 and last traded at C$0.13. 211,477 shares traded hands during mid-day trading, a decline of 11% from the average session volume of 236,528 shares. The stock had previously closed at C$0.11.

Organto Foods Trading Up 9.5 %

The firm has a market cap of C$4.21 million, a price-to-earnings ratio of -0.34 and a beta of 0.39. The company’s 50-day moving average price is C$0.07 and its 200-day moving average price is C$0.07. 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.

Organto Foods Company Profile

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.