The price of OrganiGram Holdings Inc. (NASDAQ: OGI) closed at $2.15 in the last session, down -6.32% from day before closing price of $2.30. In other words, the price has decreased by -$0.1450 from its previous closing price. On the day, 3346470 shares were traded.
Ratios:
We take a closer look at OGI’s different ratios to gain a better understanding of the stock. 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 200.15M and an Enterprise Value of 169.09M. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.77 while its Price-to-Book (P/B) ratio in mrq is 0.89. Its current Enterprise Value per Revenue stands at 1.05 whereas that against EBITDA is -0.86.
Stock Price History:
The Beta on a monthly basis for OGI is 1.08, which has changed by -14.82% over the last 52 weeks, in comparison to a change of 27.39% over the same period for the S&P500. Over the past 52 weeks, OGI has reached a high of $2.92, while it has fallen to a 52-week low of $0.97. The 50-Day Moving Average of the stock is 2.0252, while the 200-Day Moving Average is calculated to be 1.5567.
Shares Statistics:
According to the various share statistics, OGI traded on average about 1.17M shares per day over the past 3-months and 2.49M shares per day over the past 10 days. A total of 81.16M shares are outstanding, with a floating share count of 65.80M. Insiders hold about 30.07% of the company’s shares, while institutions hold 8.07% stake in the company. Shares short for OGI as of Mar 15, 2024 were 3.56M with a Short Ratio of 3.56, compared to 4.17M on Feb 15, 2024.
Earnings Estimates
The company has 3 analysts who recommend its stock at the moment. 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 and $0 for the fiscal current year, implying an average EPS of $0. EPS for the following year is -$0.24, with 3 analysts recommending between -$0.21 and -$0.26.
