At the end of the latest market close, OrganiGram Holdings Inc. (OGI) was valued at $1.21. In that particular session, Stock kicked-off at the price of $1.26 while reaching the peak value of $1.28 and lowest value recorded on the day was $1.18. The stock current value is $1.16.Recently in News on April 12, 2022, Organigram Reports Second Quarter Fiscal 2022 Results. Achieves positive Adjusted EBITDA two quarters earlier than expected driven by record high net revenue for the Company of $31.8 million and a top 3 national market share position among Canadian LPs. You can read further details here
OrganiGram Holdings Inc. had a pretty Dodgy run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $1.8700 on 03/30/22, with the lowest value was $1.1000 for the same time period, recorded on 05/12/22.
OrganiGram Holdings Inc. (OGI) full year performance was -55.68%
Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, OrganiGram Holdings Inc. shares are logging -66.90% during the 52-week period from high price, and 5.91% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $1.10 and $3.52.
The company’s shares, operating in the sector of Healthcare managed to top a trading volume set approximately around 2978181 for the day, which was evidently lower, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the OrganiGram Holdings Inc. (OGI) recorded performance in the market was -30.86%, having the revenues showcasing -20.92% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 502.60M, as it employees total of 841 workers.
Market experts do have their say about OrganiGram Holdings Inc. (OGI)
During the last month, 0 analysts gave the OrganiGram Holdings Inc. a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 0 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 of the polled analysts provided SELL rating.
According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 1.5094, with a change in the price was noted -0.62. In a similar fashion, OrganiGram Holdings Inc. posted a movement of -34.83% for the period of last 100 days, recording 5,518,478 in trading volumes.
Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for OGI is recording 0.02 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.01.
Technical breakdown of OrganiGram Holdings Inc. (OGI)
Raw Stochastic average of OrganiGram Holdings Inc. in the period of last 50 days is set at 7.79%. The result represents downgrade in oppose to Raw Stochastic average for the period of the last 20 days, recording 14.74%. In the last 20 days, the company’s Stochastic %K was 25.04% and its Stochastic %D was recorded 28.56%.
Bearing in mind the latest performance of OrganiGram Holdings Inc., several moving trends are noted. Year-to-date Price performance of the company’s stock appears to be encouraging, given the fact the metric is recording -30.86%. Additionally, trading for the stock in the period of the last six months notably deteriorated by -39.95%, alongside a downfall of -55.68% for the period of the last 12 months. The shares increased approximately by -1.63% in the 7-day charts and went up by -20.39% in the period of the last 30 days. Common stock shares were lifted by -20.92% during last recorded quarter.