The 52-week high and low prices can offer valuable insights into a stock’s current standing and prospects for future performance. Organigram Holdings Inc.’s current trading price is -68.01% away from its 52-week high, while its distance from the 52-week low is 25.97%. The stock’s price range for this period has been between $1.29 and $5.08 The company’s shares, which are part of the Healthcare sector, had a trading volume of approximately 1.21 million for the day, a number notably higher than the average daily volume of 0.58 million over the last three months.
The stock of Organigram Holdings Inc. (OGI) is currently priced at $1.62. In the last session, the stock climbed significantly, topping out at $1.795 after opening at $1.78. The day’s lowest price was $1.58 before the stock closed at $1.82.
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In terms of market performance, Organigram Holdings Inc. had a fairly uneven. The highest value for the stock in the past year was $5.08 on 12/05/22, and the lowest value was recorded at $1.29 on 08/14/23.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Organigram Holdings Inc. (OGI) has experienced a quarterly decline of -7.67% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 172.49M and boasts a workforce of 923 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 1.6417, with a change in price of -0.4098. Similarly, Organigram Holdings Inc. recorded 473,354 in trading volume during the last 100 days, posting a change of -20.14%.
Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis
The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to its shareholders’ equity. At the time of writing, the total D/E ratio for OGI stands at 0.00. Similarly, the long-term debt-to-equity ratio is also 0.00.
OGI Stock Stochastic Average
As of today, Organigram Holdings Inc.’s raw stochastic average for the last 50 days stands at 47.18%. This is a rise compared to the raw stochastic average of the previous 20 days, which was noted at 44.03%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 64.34% and 71.06%, respectively.
OGI Stock Price Performance Analysis
The stock price performance for the year has been a mixed bag, indicating either a pessimistic or optimistic outlook depending on how you look at it. The metric has seen a significant loss of -49.22% since the start of this calendar year. Looking back over the last six months, we can see a stronger performance of -35.52%. Over the past 30 days, the price of OGI has fallen by 2.85%. And in the last five days, it has fallen by -12.16%.
