Ceres Global (TSE:CRP) Stock Price Up 143.8% – Still a Buy?

Ceres Global Ag Corp. (TSE:CRPGet Free Report)’s share price traded up 143.8% during mid-day trading on Tuesday . The company traded as high as C$6.26 and last traded at C$6.07. 1,056,162 shares were traded during trading, an increase of 4,584% from the average session volume of 22,546 shares. The stock had previously closed at C$2.49.

Ceres Global Stock Performance

The stock’s fifty day simple moving average is C$2.52 and its 200-day simple moving average is C$2.84. 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 company 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

(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

Receive News & Ratings for Ceres Global Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ceres Global and related companies with MarketBeat.com's FREE daily email newsletter.