As of close of business last night, OrganiGram Holdings Inc.’s stock clocked out at $2.02, down -6.48% from its previous closing price of $2.16. In other words, the price has decreased by -$0.1400 from its previous closing price. On the day, 820708 shares were traded. OGI stock price reached its highest trading level at $2.1400 during the session, while it also had its lowest trading level at $2.0000.
Ratios:
To gain a deeper understanding of OGI’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 2.11 and its Current Ratio is at 4.28. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.
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 201.71M and an Enterprise Value of 170.63M. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.66 while its Price-to-Book (P/B) ratio in mrq is 0.84. Its current Enterprise Value per Revenue stands at 1.06 whereas that against EBITDA is -0.87.
Stock Price History:
Over the past 52 weeks, OGI has reached a high of $3.08, while it has fallen to a 52-week low of $0.97. The 50-Day Moving Average of the stock is 1.7387, while the 200-Day Moving Average is calculated to be 1.5168.
Shares Statistics:
It appears that OGI traded 930.46K shares on average per day over the past three months and 804.89k shares per day over the past ten days. A total of 81.16M shares are outstanding, with a floating share count of 61.29M. Insiders hold about 34.86% of the company’s shares, while institutions hold 8.10% stake in the company. Shares short for OGI as of Feb 15, 2024 were 4.17M with a Short Ratio of 4.48, compared to 3.95M on Jan 12, 2024.
Earnings Estimates
As of right now, 3 analysts gave their recommendation on the stock of the company. On average, analysts expect EPS of -$0.09 for the current quarter, with a high estimate of -$0.07 and a low estimate of -$0.1, while EPS last year was $0.05. The consensus estimate for the next quarter is -$0.08, with high estimates of -$0.08 and low estimates of -$0.08.
Analysts are recommending an EPS of between -$0.32 and -$0.32 for the fiscal current year, implying an average EPS of -$0.32. EPS for the following year is -$0.05, with 1 analysts recommending between -$0.05 and -$0.05.
Revenue Estimates
A total of 1 analysts have provided revenue estimates for OGI’s current fiscal year. The highest revenue estimate was $116.24M, while the lowest revenue estimate was $116.24M, resulting in an average revenue estimate of $116.24M. In the same quarter a year ago, actual revenue was $118.99M, down -2.30% from the average estimate. Based on 1 analysts’ estimates, the company’s revenue will be $153.05M in the next fiscal year. The high estimate is $153.05M and the low estimate is $153.05M. The average revenue growth estimate for next year is up 31.70% from the average revenue estimate for this year.
