Ceres Global (TSE:CRP) Shares Up 142.6% - Still a Buy?

Ceres Global Ag Corp. (TSE:CRP - Get Free Report) traded up 142.6% 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 Stock Down 0.5%

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

Insider Buying and Selling

In related news, Director Patrick Donnell Noone sold 57,000 shares of the business's stock in a transaction that occurred on Tuesday, May 20th. The shares were 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 insiders.

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.