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Ceres Global (TSE:CRP) Trading Up 142.6% - Here's What Happened

Ceres Global logo with Consumer Defensive background

Ceres Global Ag Corp. (TSE:CRP - Get Free Report)'s stock price shot up 142.6% during trading on Wednesday . The stock traded as high as C$6.26 and last traded at C$6.04. 1,426,262 shares traded hands during mid-day 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 Stock Performance

The firm's 50-day simple moving average is C$2.80 and its two-hundred day simple moving average is C$2.91. The company has a current ratio of 1.50, a quick ratio of 0.28 and a debt-to-equity ratio of 40.43. The stock has a market capitalization of C$123.38 million, a PE ratio of 24.69 and a beta of 0.22.

Insider Activity

In other Ceres Global news, Director Patrick Donnell Noone sold 57,000 shares of the business's stock in a transaction dated 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 currently owned by corporate insiders.

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.

Further Reading

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