Ceres Global (TSE:CRP) Stock Crosses Below 50 Day Moving Average of $2.50

Ceres Global Ag Corp. (TSE:CRP – Get Rating) passed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of C$2.50 and traded as low as C$2.13. Ceres Global shares last traded at C$2.59, with a volume of 7,880 shares trading hands.

Ceres Global Trading Up 7.0 %

The company has a fifty day simple moving average of C$2.50 and a two-hundred day simple moving average of C$2.52. The company has a debt-to-equity ratio of 46.28, a current ratio of 1.56 and a quick ratio of 0.28. The company has a market capitalization of C$80.52 million, a P/E ratio of -2.19 and a beta of 0.03.

Ceres Global Company Profile

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Ceres Global Ag Corp. procures and provides 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. It engages in the procurement, storage, handling, trading, and merchandising of commodity, and specialty grains and oilseeds, such as oats, barley, rye, hard red spring wheat, durum wheat, canola, and pulses through 10 grain storage and handling facilities in Minnesota, Manitoba, Saskatchewan, and Ontario.