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Ceres Global (TSE:CRP) Shares Up 142.6% - Should You Buy?

Ceres Global logo with Consumer Defensive background

Ceres Global Ag Corp. (TSE:CRP - Get Free Report) shares shot up 142.6% during mid-day trading on Wednesday . The company traded as high as C$6.26 and last traded at C$6.04. 1,426,262 shares changed hands during trading, an increase of 4,730% from the average session volume of 29,529 shares. The stock had previously closed at C$2.49.

Ceres Global Trading Up 142.6%

The company has a debt-to-equity ratio of 40.43, a current ratio of 1.50 and a quick ratio of 0.28. The firm has a market capitalization of C$123.38 million, a PE ratio of 24.69 and a beta of 0.22. The business's 50-day moving average price is C$2.59 and its 200-day moving average price is C$2.86.

Ceres Global Company Profile

(Get Free Report)

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.

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