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Organigram Holdings Inc. (OGI) Stock: A Closer Look at the Analyst Ratings

Additionally, the 36-month beta value for OGI is 1.30. There are mixed opinions on the stock, with 4 analysts rating it as a “buy,” 1 rating it as “overweight,” 5 rating it as “hold,” and 0 rating it as “sell.”

The average price predicted by analysts for OGI is $1.07, The public float for OGI is 255.27M and currently, short sellers hold a 3.43% ratio of that float. The average trading volume of OGI on May 26, 2023 was 919.36K shares.

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OGI) stock’s latest price update

Organigram Holdings Inc. (NASDAQ: OGI)’s stock price has plunge by -1.01relation to previous closing price of 0.45. Nevertheless, the company has seen a -9.43% plunge in its stock price over the last five trading sessions.

OGI’s Market Performance

OGI’s stock has fallen by -9.43% in the past week, with a monthly drop of -12.05% and a quarterly drop of -40.62%. The volatility ratio for the week is 9.57% while the volatility levels for the last 30 days are 6.97% for Organigram Holdings Inc. The simple moving average for the last 20 days is -10.01% for OGI stock, with a simple moving average of -47.09% for the last 200 days.

OGI Trading at -20.82% 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 -65.12% of loss for the given period.

Volatility was left at 6.97%, however, over the last 30 days, the volatility rate increased by 9.57%, as shares sank -14.81% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -30.78% lower at present.

During the last 5 trading sessions, OGI fell by -9.43%, which changed the moving average for the period of 200-days by -59.36% in comparison to the 20-day moving average, which settled at $0.4884. In addition, Organigram Holdings Inc. saw -44.63% 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:

  • -54.08 for the present operating margin
  • -9.42 for the gross margin

The net margin for Organigram Holdings Inc. stands at -9.80. The total capital return value is set at -15.81, while invested capital returns managed to touch -2.87. Equity return is now at value -2.20, with -1.90 for asset returns.

Based on Organigram Holdings Inc. (OGI), the company’s capital structure generated 0.66 points at debt to equity in total, while total debt to capital is 0.66. Total debt to assets is 0.58, with long-term debt to equity ratio resting at 0.46. Finally, the long-term debt to capital ratio is 0.46.

When we switch over and look at the enterprise to sales, we see a ratio of 0.54, with the company’s debt to enterprise value settled at 0.01. The receivables turnover for the company is 4.31 and the total asset turnover is 0.26. The liquidity ratio also appears to be rather interesting for investors as it stands at 4.01.

Conclusion

In conclusion, Organigram Holdings Inc. (OGI) has seen bad performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.