An average trading volume for OrganiGram Holdings Inc. (OGI) has been steady over the recent period.

After finishing at $0.96 in the prior trading day, OrganiGram Holdings Inc. (NASDAQ: OGI) closed at $0.97, up 0.80%. In other words, the price has increased by $+0.0077 from its previous closing price. On the day, 624695 shares were traded. OGI stock price reached its highest trading level at $0.9865 during the session, while it also had its lowest trading level at $0.9495.

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Ratios:

Our goal is to gain a better understanding of OGI by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 2.80 and its Current Ratio is at 4.70. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.

Upgrades & Downgrades

Valuation Measures:

For the stock, the TTM Price-to-Sale (P/S) ratio is 2.46 while its Price-to-Book (P/B) ratio in mrq is 0.59.

Stock Price History:

Over the past 52 weeks, OGI has reached a high of $1.87, while it has fallen to a 52-week low of $0.70. The 50-Day Moving Average of the stock is 0.9260, while the 200-Day Moving Average is calculated to be 1.0661.

Shares Statistics:

The stock has traded on average 1.31M shares per day over the past 3-months and 1.87M shares per day over the last 10 days, according to various share statistics. A total of 313.47M shares are outstanding, with a floating share count of 255.27M. Insiders hold about 18.65% of the company’s shares, while institutions hold 13.16% stake in the company. Shares short for OGI as of Oct 13, 2022 were 10.19M with a Short Ratio of 7.43M, compared to 8.8M on Sep 14, 2022.

Earnings Estimates

Its stock is currently analyzed by 1 different market analysts. On average, analysts expect EPS of -$0.01 for the current quarter, with a high estimate of -$0.01 and a low estimate of -$0.01, while EPS last year was -$0.07. The consensus estimate for the next quarter is $0, with high estimates of $0 and low estimates of $0.

Analysts are recommending an EPS of between -$0.04 and -$0.04 for the fiscal current year, implying an average EPS of -$0.04. EPS for the following year is -$0.05, with 1 analysts recommending between -$0.05 and -$0.05.

Revenue Estimates

1 analysts predict $32.61M in revenue for the current quarter. It ranges from a high estimate of $32.61M to a low estimate of $32.61M. As of the current estimate, OrganiGram Holdings Inc.’s year-ago sales were $19.87M, an estimated increase of 64.10% from the year-ago figure. For the next quarter, 1 analysts are estimating revenue of $28.12M, an increase of 18.00% less than the figure of $64.10% in the same quarter last year. There is a high estimate of $28.12M for the next quarter, whereas the lowest estimate is $28.12M.

A total of 1 analysts have provided revenue estimates for OGI’s current fiscal year. The highest revenue estimate was $106.67M, while the lowest revenue estimate was $106.67M, resulting in an average revenue estimate of $106.67M. In the same quarter a year ago, actual revenue was $63.27M, up 68.60% from the average estimate. Based on 1 analysts’ estimates, the company’s revenue will be $150.34M in the next fiscal year. The high estimate is $150.34M and the low estimate is $150.34M. The average revenue growth estimate for next year is up 40.90% from the average revenue estimate for this year.