OrganiGram Holdings Inc. (NASDAQ:OGI) went up by 2.81% from its latest closing price compared to the recent 1-year high of $2.92. The company’s stock price has collected 2.88% of gains 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 1.28. Opinions of the stock are interesting as 4 analysts out of 11 who provided ratings for OrganiGram Holdings Inc. declared the stock was a “buy,” while 1 rated the stock as “overweight,” 6 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $1.89. OGI currently public float of 255.17M and currently shorts hold a 5.56% ratio of that float. Today, the average trading volume of OGI was 3.55M shares.
OGI’s Market Performance
OGI stocks went up by 2.88% for the week, with a monthly jump of 16.67% and a quarterly performance of -24.11%, while its annual performance rate touched -59.16%. The volatility ratio for the week stands at 4.34% while the volatility levels for the past 30 days are set at 6.57% for OrganiGram Holdings Inc. The simple moving average for the period of the last 20 days is 4.67% for OGI stocks with a simple moving average of -29.52% for the last 200 days.
OGI Trading at 4.09% 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 -62.33% of loss for the given period.
Volatility was left at 6.57%, however, over the last 30 days, the volatility rate increased by 4.34%, as shares surge +16.80% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -10.80% lower at present.
During the last 5 trading sessions, OGI rose by +10.40%, which changed the moving average for the period of 200-days by -51.52% in comparison to the 20-day moving average, which settled at $1.0590. In addition, OrganiGram Holdings Inc. saw -38.86% 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 -6.90, with -6.00 for asset returns.
The liquidity ratio also appears to be rather interesting for investors as it stands at 9.92.