Ceres Global (TSE:CRP) Stock Crosses Above 50-Day Moving Average - Here's What Happened

Ceres Global Ag Corp. (TSE:CRP - Get Free Report) crossed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of C$3.43 and traded as high as C$6.03. Ceres Global shares last traded at C$6.00, with a volume of 79,300 shares traded.

Ceres Global Price Performance

The business's fifty day moving average is C$3.50 and its 200 day moving average is C$3.10. The company has a market cap of C$122.56 million, a P/E ratio of 24.53 and a beta of 0.22. The company has a current ratio of 1.50, a quick ratio of 0.28 and a debt-to-equity ratio of 40.43.

Insider Activity

In other Ceres Global news, Director Patrick Donnell Noone sold 57,000 shares of Ceres Global stock in a transaction that occurred on Tuesday, May 20th. The stock was sold at an average price of C$6.07, for a total value of C$345,990.00. 0.25% of the stock is owned by company insiders.

About Ceres Global

Ceres Global Ag Corp is engaged in the agricultural, energy, and industrial supply chains through sourcing, storing, transporting, and marketing of commodity-based products and raw materials. It has three operating segments. The Grain segment, which is the key revenue driver, is engaged in grain procurement and merchandising of specialty grains and oilseeds such as oats, barley, rye, hard red spring wheat, durum wheat, canola, and pulses.