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Ceres Global (TSE:CRP) Trading 142.6% Higher - Time to Buy?

Ceres Global logo with Consumer Defensive background

Ceres Global Ag Corp. (TSE:CRP - Get Free Report) shot up 142.6% during mid-day trading on Wednesday . The stock traded as high as C$6.26 and last traded at C$6.04. 1,426,262 shares were traded 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 Down 0.5%

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 cap of C$123.38 million, a P/E ratio of 24.69 and a beta of 0.22. The business's fifty day simple moving average is C$2.80 and its 200 day simple moving average is C$2.91.

Insider Transactions at Ceres Global

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

About Ceres Global

(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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