OrganiGram Holdings Inc. (NASDAQ:OGI) currently has a daily average trading volume of 976.06K but it saw 1290860 shares traded in last market. With a market cap of 236.19M USD, the company’s current market price of $2.51 came rising about 3.72 while comparing to the previous closing price of $2.42. In past 52 weeks, the stock remained buoying in the range of price level as high as $2.92 and as low as $0.97.
Taking a look at 20-day trading activity of OrganiGram Holdings Inc. (OGI) gives us an average price of $2.08, while its current price level is -14.04% below from 52-week high level whereas it is 158.71% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $1.95 while that of 200 days or SMA-200 reads an average of $1.54. A closer look into the stock’s movement over the week reveals that its volatility is standing at 9.81% during that period while stretching the period over a month that decreases to 6.66%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 69.39 which implies that the stock is in neutral territory.
Over the week, OGI’s stock price is moving 34.95% up while it is 24.88% when we observe its performance for the past one month. Year-to-date it is 91.60% up and over the past year, the stock is showing a downside performance of -3.91%.
The latest quarterly earnings report issued by the company was for quarter ended 8/30/2023, when its quarterly earnings per share (EPS) of -$0.09 beat the consensus estimate of -$0.1 for the same. In next quarter, company is expected to be making quarterly sales of $119.83 million as analysts are expecting the sales for current fiscal year at $119.83 million and seeing the company making $119.83 million in sales next year. Moreover, analysts are in estimates of $119.83 million for current-quarter revenue.
Currently, OrganiGram Holdings Inc.’s total number of outstanding shares is 81.16M with 34.74% of that held by the insiders while 11.23% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -101.76% and return on equity (ROE) at -69.15%. Stock’s beta reads 1.08. Stock has a price to book (P/B) ratio of 1.04 while price to sale or P/S ratio amounts to 2.06. Its return on asset (ROA) is -61.28% on average.
