Beyond market averages, investors looking for exceptional returns turn to stock picking. Skillful choices in individual stocks have the power to substantially increase your wealth.
The price of OrganiGram Holdings Inc (NASDAQ: OGI) closed at $1.66 in the last session, up 3.11% from day before closing price of $1.61. In other words, the price has increased by $3.11 from its previous closing price. On the day, 1.04 million shares were traded. OGI stock price reached its highest trading level at $1.72 during the session, while it also had its lowest trading level at $1.61.
Ratios:
We take a closer look at OGI’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 2.12 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 107.40. For the most recent quarter (mrq), Quick Ratio is recorded 3.37 and its Current Ratio is at 4.92. In the meantime, Its Debt-to-Equity ratio is 0.01 whereas as Long-Term Debt/Eq ratio is at 0.01.
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 212362128 and an Enterprise Value of 74814976. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.78 while its Price-to-Book (P/B) ratio in mrq is 0.80. Its current Enterprise Value per Revenue stands at 0.501 whereas that against EBITDA is -2.95.
Stock Price History:
Over the past 52 weeks, OGI has reached a high of $2.91, while it has fallen to a 52-week low of $1.25. The 50-Day Moving Average of the stock is 3.85%, while the 200-Day Moving Average is calculated to be -5.47%.
Shares Statistics:
According to the various share statistics, OGI traded on average about 636.81K shares per day over the past 3-months and 1004670 shares per day over the past 10 days. A total of 108.59M shares are outstanding, with a floating share count of 88.05M. Insiders hold about 30.20% of the company’s shares, while institutions hold 6.44% stake in the company. Shares short for OGI as of 1732838400 were 2750954 with a Short Ratio of 3.87, compared to 1730332800 on 2286409.
