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OrganiGram Holdings Inc.: A Year of Highs, Lows, and Market Resilience

OrganiGram Holdings Inc. saw a rather unpredictable run in, in terms of market performance. The company’s stock reached its highest point at $2.92 on 04/11/23, while the lowest price for the same duration was marked at $0.97 on 10/27/23.

52-week price history of OGI Stock

A stock’s 52-week high and low prices can reveal much about its current status and future trajectory. OrganiGram Holdings Inc.’s current trading price is -26.88% away from its 52-week high, while its distance from the 52-week low is 120.06%. The stock’s price range during this period has spanned from $0.97 to $2.92. In the Healthcare sector, the OrganiGram Holdings Inc.’s shares surpassed a trading volume of approximately 2.87 million for the day, which was noticeably higher compared to the average daily volume of 9.1.26 million over the past three months.

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Market Capitalization and Financial Performance: An In-Depth Look

OrganiGram Holdings Inc. (OGI) has experienced a quarterly rise of 63.60% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 200.90M and boasts a workforce of 935 employees.

Making Sense of Trading Volume and Moving Average Data

Based on Barchart.com data, the company’s moving average over the 100-day period was 1.71, with a change in price of +0.80. Similarly, OrganiGram Holdings Inc. recorded 1,067,281 in trading volume during the last 100 days, posting a change of +59.70%.

Examining OGI’s Debt-to-Equity Ratio: What You Need to Know

The debt-to-equity (D/E) ratio is a crucial measure that sheds light on a company’s financial health and market standing. It is determined by dividing a company’s overall liabilities by its shareholders’ equity, showing the extent of a company’s debt usage in financing its assets compared to the 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

Today’s raw stochastic average for OrganiGram Holdings Inc. over the last 50 days is 43.38%.This indicates a increase from the raw stochastic average of the past 20 days, which was 27.36%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 21.70% and 23.06%, respectively.

OGI Stock Price Performance Analysis

The stock price’s performance over the year has been unpredictable, resulting in a mix of pessimistic and optimistic outlooks among investors. This year’s metric has recorded a Price increase of 62.98%. However, over the past six months, we’ve seen a weaker performance of 68.11%. The price of OGI fallen by 5.69% over the last 30 days. And in the last five days, it has fallen by -20.34%.

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