Organigram (TSE:OGI) Insider Sells C$18,625.50 in Stock

Organigram Holdings Inc. (TSE:OGI) insider Katrina May Mcfadden sold 8,278 shares of the business’s stock in a transaction on Thursday, October 30th. The shares were sold at an average price of C$2.25, for a total transaction of C$18,625.50. Following the sale, the insider directly owned 40,410 shares of the company’s stock, valued at approximately C$90,922.50. The trade was a 17.00% decrease in their position.

Organigram Stock Performance

TSE:OGI traded down C$0.02 during mid-day trading on Monday, hitting C$2.25. 127,565 shares of the company traded hands, compared to its average volume of 174,309. The stock’s fifty day moving average price is C$2.45 and its 200-day moving average price is C$2.07. Organigram Holdings Inc. has a one year low of C$1.22 and a one year high of C$2.89. The company has a quick ratio of 2.62, a current ratio of 3.36 and a debt-to-equity ratio of 3.07. The firm has a market cap of C$301.24 million, a price-to-earnings ratio of 187.50, a price-to-earnings-growth ratio of 0.42 and a beta of 2.19.

About Organigram

Organigram Inc is a Canadian licensed producer of cannabis products. Organigram focuses on producing exceptional, indoor-grown cannabis for patients and adult recreational consumers, as well as developing global business partnerships.