OrganiGram Holdings Inc. (NASDAQ:OGI) went down by -2.83% from its latest closing price compared to the recent 1-year high of $6.45. The company’s stock price has collected -8.05% of loss in the last five trading sessions. Press Release reported on 09/08/21 that Agra Ventures to Receive Share of $3.5 Million Edibles & Infusions Earnout Milestone Payment
Is It Worth Investing in OrganiGram Holdings Inc. (NASDAQ :OGI) Right Now?
Plus, the 36-month beta value for OGI is at 1.17. Opinions of the stock are interesting as 2 analysts out of 13 who provided ratings for OrganiGram Holdings Inc. declared the stock was a “buy,” while 1 rated the stock as “overweight,” 10 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $3.11. OGI currently public float of 240.02M and currently shorts hold a 7.32% ratio of that float. Today, the average trading volume of OGI was 5.53M shares.
OGI’s Market Performance
OGI stocks went down by -8.05% for the week, with a monthly drop of -17.24% and a quarterly performance of -22.08%, while its annual performance rate touched 124.30%. The volatility ratio for the week stands at 4.93% while the volatility levels for the past 30 days are set at 6.40% for OrganiGram Holdings Inc.. The simple moving average for the period of the last 20 days is -5.73% for OGI stocks with a simple moving average of -8.24% for the last 200 days.
OGI Trading at -7.72% 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 -62.79% of loss for the given period.
Volatility was left at 6.40%, however, over the last 30 days, the volatility rate increased by 4.93%, as shares sank -3.23% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -12.09% lower at present.
During the last 5 trading sessions, OGI fell by -8.05%, which changed the moving average for the period of 200-days by +96.72% in comparison to the 20-day moving average, which settled at $2.54. In addition, OrganiGram Holdings Inc. saw 80.45% 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. Equity return is now at value -41.30, with -30.50 for asset returns.
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.