OrganiGram Holdings Inc. (NASDAQ:OGI) went down by -0.58% from its latest closing price compared to the recent 1-year high of $3.64. The company’s stock price has collected 27.82% of gains in the last five trading sessions. MarketWatch.com reported on 01/07/21 that Cannabis stocks rally anew after Democrats win Georgia Senate race
Is It Worth Investing in OrganiGram Holdings Inc. (NASDAQ :OGI) Right Now?
Opinions of the stock are interesting as 6 analysts out of 14 who provided ratings for OrganiGram Holdings Inc. declared the stock was a “buy,” while 0 rated the stock as “overweight,” 8 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $2.02. OGI currently public float of 231.75M and currently shorts hold a 5.53% ratio of that float. Today, the average trading volume of OGI was 8.82M shares.
OGI’s Market Performance
OGI stocks went up by 27.82% for the week, with a monthly jump of 16.44% and a quarterly performance of 34.92%, while its annual performance rate touched -19.05%. The volatility ratio for the week stands at 10.83% while the volatility levels for the past 30 days are set at 7.93% for OrganiGram Holdings Inc.. The simple moving average for the period of the last 20 days is 19.13% for OGI stocks with a simple moving average of 18.14% for the last 200 days.
OGI Trading at 26.51% from the 50-Day Moving Average
After a stumble in the market that brought OGI to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -53.30% of loss for the given period.
Volatility was left at 7.93%, however, over the last 30 days, the volatility rate increased by 10.83%, as shares surge +24.09% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +39.34% upper at present.
During the last 5 trading sessions, OGI rose by +27.82%, which changed the moving average for the period of 200-days by -3.95% in comparison to the 20-day moving average, which settled at $1.4435. In addition, OrganiGram Holdings Inc. saw 27.82% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for OGI
Current profitability levels for the company are sitting at:
- -207.06 for the present operating margin
- -152.05 for the gross margin
The net margin for OrganiGram Holdings Inc. stands at -156.87. The total capital return value is set at -45.21, while invested capital returns managed to touch -34.96.
Based on OrganiGram Holdings Inc. (OGI), the company’s capital structure generated 39.72 points at debt to equity in total, while total debt to capital is 28.43. Total debt to assets is 27.34, with long-term debt to equity ratio resting at 35.49. Finally, the long-term debt to capital ratio is 25.40.
When we switch over and look at the enterprise to sales, we see a ratio of 3.81, with the company’s debt to enterprise value settled at 0.36. The receivables turnover for the company is 5.04 and the total asset turnover is 0.20. The liquidity ratio also appears to be rather interesting for investors as it stands at 5.85.