OrganiGram Holdings Inc. (NASDAQ:OGI) went up by 6.79% from its latest closing price compared to the recent 1-year high of $6.45. The company’s stock price has collected -5.46% of loss in the last five trading sessions. MarketWatch.com reported on 01/06/22 that Tilray expected to grow sales sequentially but remain in the red
Is It Worth Investing in OrganiGram Holdings Inc. (NASDAQ :OGI) Right Now?
Plus, the 36-month beta value for OGI is at 1.12. Opinions of the stock are interesting as 2 analysts out of 12 who provided ratings for OrganiGram Holdings Inc. declared the stock was a “buy,” while 1 rated the stock as “overweight,” 9 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $2.55. OGI currently public float of 239.89M and currently shorts hold a 5.82% ratio of that float. Today, the average trading volume of OGI was 7.42M shares.
OGI’s Market Performance
OGI stocks went down by -5.46% for the week, with a monthly drop of -14.78% and a quarterly performance of -22.07%, while its annual performance rate touched -2.26%. The volatility ratio for the week stands at 7.12% 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 -4.97% for OGI stocks with a simple moving average of -30.96% for the last 200 days.
OGI Trading at -14.22% 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 -73.18% of loss for the given period.
Volatility was left at 6.40%, however, over the last 30 days, the volatility rate increased by 7.12%, as shares sank -10.36% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -23.79% lower at present.
During the last 5 trading sessions, OGI fell by -5.46%, which changed the moving average for the period of 200-days by -50.57% in comparison to the 20-day moving average, which settled at $1.8105. In addition, OrganiGram Holdings Inc. saw -1.14% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for OGI
Current profitability levels for the company are sitting at:
- -142.38 for the present operating margin
- -79.25 for the gross margin
The net margin for OrganiGram Holdings Inc. stands at -165.11. Equity return is now at value -33.30, with -26.20 for asset returns.
The liquidity ratio also appears to be rather interesting for investors as it stands at 9.92.