OrganiGram Holdings Inc. (NASDAQ:OGI) went down by -8.21% from its latest closing price compared to the recent 1-year high of $3.52. The company’s stock price has collected -17.45% of loss in the last five trading sessions.
Is It Worth Investing in OrganiGram Holdings Inc. (NASDAQ :OGI) Right Now?
Plus, the 36-month beta value for OGI is at 1.16. Opinions of the stock are interesting as 4 analysts out of 12 who provided ratings for OrganiGram Holdings Inc. declared the stock was a “buy,” while 1 rated the stock as “overweight,” 7 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $2.28. OGI currently public float of 255.14M and currently shorts hold a 5.47% ratio of that float. Today, the average trading volume of OGI was 5.32M shares.
OGI’s Market Performance
OGI stocks went down by -17.45% for the week, with a monthly drop of -18.54% and a quarterly performance of -20.65%, while its annual performance rate touched -51.00%. The volatility ratio for the week stands at 7.63% while the volatility levels for the past 30 days are set at 6.53% for OrganiGram Holdings Inc.. The simple moving average for the period of the last 20 days is -18.41% for OGI stocks with a simple moving average of -37.57% for the last 200 days.
OGI Trading at -18.93% 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 -65.06% of loss for the given period.
Volatility was left at 6.53%, however, over the last 30 days, the volatility rate increased by 7.63%, as shares sank -16.89% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -17.45% lower at present.
During the last 5 trading sessions, OGI fell by -17.45%, which changed the moving average for the period of 200-days by -50.00% in comparison to the 20-day moving average, which settled at $1.4950. In addition, OrganiGram Holdings Inc. saw -29.71% 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 -7.10, with -6.20 for asset returns.
The liquidity ratio also appears to be rather interesting for investors as it stands at 9.92.