Shares of Organto Foods Inc (CVE:OGO) rose 40% on Monday . The company traded as high as C$0.04 and last traded at C$0.04, approximately 749,000 shares were traded during mid-day trading. An increase of 255% from the average daily volume of 211,043 shares. The stock had previously closed at C$0.03.
The business’s fifty day simple moving average is C$0.04. The stock has a market cap of $5.11 million and a P/E ratio of -1.03.
Organto Foods Company Profile (CVE:OGO)
Organto Foods Inc engages in sourcing, processing, packaging, and distribution of organic and specialty food products in Canada, Argentina, Guatemala, the Netherlands, and the United States. Its products include haricot verts, sugar snaps, snow peas, baby brocolli, asparagus, blueberries, and other vegetables.
Further Reading: What is the price-to-earnings growth (PEG) ratio?
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