Ceres Global (TSE:CRP) Stock Price Up 142.6% - Time to Buy?

Ceres Global Ag Corp. (TSE:CRP - Get Free Report)'s share price traded 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 traded 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 business's 50 day moving average price is C$2.59 and its 200-day moving average price is C$2.86. The firm has a market capitalization of C$123.38 million, a price-to-earnings ratio of 24.69 and a beta of 0.22.

Ceres Global Company Profile

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.