OrganiGram Holdings Inc. (OGI)’s Market Momentum: Closing Strong at 1.86, Down -1.33

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As of close of business last night, OrganiGram Holdings Inc.’s stock clocked out at $1.86, down -1.33% from its previous closing price of $1.88. In other words, the price has decreased by -$1.33 from its previous closing price. On the day, 1.32 million shares were traded. OGI stock price reached its highest trading level at $1.94 during the session, while it also had its lowest trading level at $1.84.

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 192921856 and an Enterprise Value of 137244672. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.52 while its Price-to-Book (P/B) ratio in mrq is 0.77. Its current Enterprise Value per Revenue stands at 0.92 whereas that against EBITDA is -5.411.

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 $0.97. The 50-Day Moving Average of the stock is -10.33%, while the 200-Day Moving Average is calculated to be 15.97%.

Shares Statistics:

It appears that OGI traded 1.61M shares on average per day over the past three months and 1904730 shares per day over the past ten days. A total of 81.16M shares are outstanding, with a floating share count of 65.81M. Insiders hold about 30.07% of the company’s shares, while institutions hold 6.84% stake in the company. Shares short for OGI as of 1713139200 were 3568115 with a Short Ratio of 2.22, compared to 1710460800 on 3546030.

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