Ceres Global (TSE:CRP) Trading 142.6% Higher - Here's Why

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

Ceres Global Price Performance

The business has a fifty day moving average of C$2.80 and a 200 day moving average of C$2.91. The firm has a market cap of C$123.38 million, a P/E ratio of 24.69 and a beta of 0.22. The company has a quick ratio of 0.28, a current ratio of 1.50 and a debt-to-equity ratio of 40.43.

Insider Activity

In other Ceres Global news, Director Patrick Donnell Noone sold 57,000 shares of Ceres Global stock in a transaction on Tuesday, May 20th. The shares were sold at an average price of C$6.07, for a total transaction of C$345,990.00. Insiders own 0.25% of the company's stock.

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.