Upward Trajectory: Organigram Global Inc (OGI) Posts a Gaine%, Closing at $1.76

Kevin Freeman

The pursuit of outperformance leads many investors to carefully choose individual stocks. Picking the right ones can be a game-changer for growing your wealth.

The closing price of Organigram Global Inc (NASDAQ: OGI) was $1.76 for the day, up 1.15% from the previous closing price of $1.74. In other words, the price has increased by $1.15 from its previous closing price. On the day, 0.53 million shares were traded. OGI stock price reached its highest trading level at $1.7732 during the session, while it also had its lowest trading level at $1.73.

Ratios:

Our analysis of OGI’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 1.28 and its Current Ratio is at 2.26. In the meantime, Its Debt-to-Equity ratio is 0.03 whereas as Long-Term Debt/Eq ratio is at 0.02.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, OGI now has a Market Capitalization of 236651408 and an Enterprise Value of 285987360. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.28 while its Price-to-Book (P/B) ratio in mrq is 0.94. Its current Enterprise Value per Revenue stands at 1.103 whereas that against EBITDA is 375.312.

Stock Price History:

The Beta on a monthly basis for OGI is 1.52, which has changed by 0.0864197 over the last 52 weeks, in comparison to a change of 0.16098404 over the same period for the S&P500. Over the past 52 weeks, OGI has reached a high of $2.24, while it has fallen to a 52-week low of $0.85. The 50-Day Moving Average of the stock is 4.77%, while the 200-Day Moving Average is calculated to be 19.73%.

Shares Statistics:

OGI traded an average of 987.34K shares per day over the past three months and 2964700 shares per day over the past ten days. A total of 134.46M shares are outstanding, with a floating share count of 91.09M. Insiders hold about 32.53% of the company’s shares, while institutions hold 7.37% stake in the company. Shares short for OGI as of 1765756800 were 4885429 with a Short Ratio of 4.95, compared to 1763078400 on 4992654.

Earnings Estimates

Current recommendations for the stock of the company come from 2.0 analysts. The consensus estimate for the next quarter is -$0.0, with high estimates of $0.0 and low estimates of -$0.01.

Analysts are recommending an EPS of between $0.02 and -$0.01 for the fiscal current year, implying an average EPS of $0.01. EPS for the following year is $0.05, with 4.0 analysts recommending between $0.1 and $0.03.

Revenue Estimates

It is expected that $90B in revenue will be generated in. The current quarter, according to 4 analysts. It ranges from a high estimate of $75.91M to a low estimate of $70M. As of. The current estimate, Organigram Global Inc’s year-ago sales were $42.73MFor the next quarter, 4 analysts are estimating revenue of $75.83M. There is a high estimate of $77.41M for the next quarter, whereas the lowest estimate is $73.7M.

A total of 4 analysts have provided revenue estimates for OGI’s current fiscal year. The highest revenue estimate was $316.36M, while the lowest revenue estimate was $302M, resulting in an average revenue estimate of $309.06M. In the same quarter a year ago, actual revenue was $259.18MBased on 4 analysts’ estimates, the company’s revenue will be $333.22M in the next fiscal year. The high estimate is $348M and the low estimate is $327.7M.

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