In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
The closing price of Organigram Global Inc (NASDAQ: OGI) was $1.59 for the day, down -1.24% from the previous closing price of $1.61. In other words, the price has decreased by -$1.24 from its previous closing price. On the day, 1.55 million shares were traded. OGI stock price reached its highest trading level at $1.645 during the session, while it also had its lowest trading level at $1.28.
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 213793040 and an Enterprise Value of 263036560. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.16 while its Price-to-Book (P/B) ratio in mrq is 0.85. Its current Enterprise Value per Revenue stands at 1.015 whereas that against EBITDA is 345.192.
Stock Price History:
The Beta on a monthly basis for OGI is 1.60, which has changed by 0.03870964 over the last 52 weeks, in comparison to a change of 0.15507638 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 -4.86%, while the 200-Day Moving Average is calculated to be 4.98%.
Shares Statistics:
OGI traded an average of 995.49K shares per day over the past three months and 966270 shares per day over the past ten days. A total of 134.46M shares are outstanding, with a floating share count of 91.29M. Insiders hold about 32.54% of the company’s shares, while institutions hold 7.37% stake in the company. Shares short for OGI as of 1767139200 were 3629350 with a Short Ratio of 3.65, compared to 1764288000 on 4885429.
Earnings Estimates
The market rating for Organigram Global Inc (OGI) is a result of the insights provided by 2.0 analysts actively involved in the assessment.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.
