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The closing price of OrganiGram Holdings Inc (NASDAQ: OGI) was $1.10 for the day, up 2.80% from the previous closing price of $1.07. In other words, the price has increased by $2.80 from its previous closing price. On the day, 1.29 million shares were traded.
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 1.85 and its Current Ratio is at 3.36. In the meantime, Its Debt-to-Equity ratio is 0.03 whereas as Long-Term Debt/Eq ratio is at 0.03.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 1.15 while its Price-to-Book (P/B) ratio in mrq is 0.62.
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 $1.06. The 50-Day Moving Average of the stock is -25.58%, while the 200-Day Moving Average is calculated to be -32.89%.
Shares Statistics:
A total of 126.16M shares are outstanding, with a floating share count of 90.34M. Insiders hold about 28.43% of the company’s shares, while institutions hold 6.36% stake in the company.
Earnings Estimates
Current recommendations for the stock of the company come from 1.0 analysts. The consensus estimate for the next quarter is -$0.02, with high estimates of -$0.02 and low estimates of -$0.02.
Analysts are recommending an EPS of between -$0.2 and -$0.2 for the fiscal current year, implying an average EPS of -$0.2. EPS for the following year is $0.0, with 1.0 analysts recommending between $0.0 and $0.0.
Revenue Estimates
It is expected that $90B in revenue will be generated in the current quarter, according to 5 analysts. It ranges from a high estimate of $64.39M to a low estimate of $55.67M. As of the current estimate, OrganiGram Holdings Inc’s year-ago sales were $37.63MFor the next quarter, 5 analysts are estimating revenue of $64.69M. There is a high estimate of $66.04M for the next quarter, whereas the lowest estimate is $62.21M.
A total of 6 analysts have provided revenue estimates for OGI’s current fiscal year. The highest revenue estimate was $240.71M, while the lowest revenue estimate was $227.45M, resulting in an average revenue estimate of $235.87M. In the same quarter a year ago, actual revenue was $159.84MBased on 5 analysts’ estimates, the company’s revenue will be $278.55M in the next fiscal year. The high estimate is $291M and the low estimate is $267.62M.