Organigram Holdings Inc. (TSE:OGI – Get Free Report)’s stock price rose 0.6% during trading on Tuesday. The company traded as high as C$1.59 and last traded at C$1.57. Approximately 65,011 shares changed hands during mid-day trading, a decline of 68% from the average session volume of 205,273 shares. The stock had previously closed at C$1.56.
Organigram Price Performance
The business’s fifty day moving average price is C$1.51 and its 200-day moving average price is C$1.63. The company has a market capitalization of C$222.00 million, a P/E ratio of 2.56, a P/E/G ratio of 0.42 and a beta of 1.78. The company has a current ratio of 2.61, a quick ratio of 2.62 and a debt-to-equity ratio of 6.48.
Organigram (TSE:OGI – Get Free Report) last released its quarterly earnings results on Tuesday, August 11th. The company reported C$0.77 earnings per share for the quarter. Organigram had a return on equity of 21.99% and a net margin of 28.02%.The business had revenue of C$105.78 million for the quarter. As a group, sell-side analysts predict that Organigram Holdings Inc. will post 0.1632373 earnings per share for the current fiscal year.
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.
Recommended Stories
- Five stocks we like better than Organigram
- Hims & Hers Slides Nearly 7% as Legal Pressure Adds to Its Growing List of Risks
- Paychex Plunges, Providing the Entry Investors Have Been Waiting For
- The Case for Buying High-Yield General Mills Just Strengthened
- SanDisk’s $1,800 Breakout Turns Memory Hardware Into a Profit Story
Receive News & Ratings for Organigram Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Organigram and related companies with MarketBeat.com's FREE daily email newsletter.
