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OGI’s Market Quandary: Decoding the Ups and Downs of 2023

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The performance of the stock price over the year has been up and down, leaving investors with either an optimistic or pessimistic outlook, depending on how they interpret the data. The metric has seen a significant gain of 20.59% since the start of this calendar year. Looking back over the last six months, we can see a weaker performance of 21.05%. Over the past 30 days, the price of OGI has leaped by -4.55%. And in the last five days, it has surged by 3.59%.

In terms of market performance, OrganiGram Holdings Inc. had a fairly uneven. The highest value for the stock in the past year was $2.91 on 03/26/24, and the lowest value was recorded at $0.97 on 10/27/23.

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52-week price history of OGI Stock

Examining the 52-week high and low prices can provide valuable insights into a stock’s current status and future performance. OrganiGram Holdings Inc.’s current trading price is -45.71% away from its 52-week high, while its distance from the 52-week low is 62.82%. The stock’s price range during this time has been between $0.97 and $2.91. The trading volume for the Healthcare sector company’s shares reached about 0.42 million for the day, which was lower than the average daily volume of 1.25 million over the last three months.

Market Capitalization vs. Financial Performance: A Comparative Study

OrganiGram Holdings Inc. (OGI) has experienced a quarterly decline of -31.02% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 163.29M and boasts a workforce of 935 employees.

Combining Moving Average and Trading Volume Data for Better Market Insight

Based on Barchart.com data, the company’s moving average over the 100-day period was 1.9124, with a change in price of -0.5800. Similarly, OrganiGram Holdings Inc. recorded 1,302,754 in trading volume during the last 100 days, posting a change of -26.73%.

OGI’s Debt-to-Equity Ratio Cause for Concern? An In-Depth Look

The debt-to-equity (D/E) ratio is a significant metric that provides insights into a company’s financial state and market presence. By dividing a company’s current liabilities by its shareholders’ equity, the D/E ratio depicts the extent of debt used by a company to fund its assets relative to the value of 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

Today’s raw stochastic average for OrganiGram Holdings Inc. over the last 50 days is 15.94%.This indicates a decrease from the raw stochastic average of the past 20 days, which was 50.00%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 25.87% and 23.83%, respectively.

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