Organto Foods (CVE:OGO) Trading Up 8.7% – Here’s Why

Organto Foods Inc. (CVE:OGOGet Free Report) shares shot up 8.7% on Tuesday . The company traded as high as C$0.14 and last traded at C$0.13. 156,850 shares traded hands during trading, a decline of 28% from the average session volume of 218,444 shares. The stock had previously closed at C$0.12.

Organto Foods Price Performance

The stock has a market capitalization of C$4.58 million, a P/E ratio of -0.37 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. The company’s 50-day simple moving average is C$0.07 and its 200-day simple 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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