Company’s 36-month beta value is 1.03.Analysts have differing opinions on the stock, with 4 analysts rating it as a “buy,” 1 as “overweight,” 3 as “hold,” and 0 as “sell.”
The public float for OGI is 75.78M, and currently, short sellers hold a 3.25% ratio of that floaft. The average trading volume of OGI on December 13, 2024 was 522.54K shares.
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OGI) stock’s latest price update
The stock price of OrganiGram Holdings Inc (NASDAQ: OGI) has dropped by -2.46 compared to previous close of 1.51. Despite this, the company has seen a fall of -7.94% in its stock price over the last five trading days. businesswire.com reported 2024-12-11 that TORONTO–(BUSINESS WIRE)–Organigram Holdings Inc. (NASDAQ: OGI) (TSX: OGI), the parent company of Organigram Inc. (together, the “Company” or “Organigram”), a leading licensed producer of cannabis, announced today it will report earnings results for its fourth quarter and fiscal 2024 ended September 30, 2024, on Wednesday, December 18, 2024, prior to market open. The Company will host a conference call to discuss its results with details as follows: Date: Wednesday, December 18, 2024 Time: 8:0.
OGI’s Market Performance
OrganiGram Holdings Inc (OGI) has experienced a -7.94% fall in stock performance for the past week, with a -6.78% drop in the past month, and a -22.07% drop in the past quarter. The volatility ratio for the week is 6.97%, and the volatility levels for the past 30 days are at 5.54% for OGI. The simple moving average for the past 20 days is -1.95% for OGI’s stock, with a -17.35% simple moving average for the past 200 days.
OGI Trading at -10.02% 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 -49.38% of loss for the given period.
Volatility was left at 5.54%, however, over the last 30 days, the volatility rate increased by 6.97%, as shares sank -2.00% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -16.48% lower at present.
During the last 5 trading sessions, OGI fell by -8.13%, which changed the moving average for the period of 200-days by -28.99% in comparison to the 20-day moving average, which settled at $1.5020. In addition, OrganiGram Holdings Inc saw 12.44% 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:
- -0.53 for the present operating margin
- 0.04 for the gross margin
The net margin for OrganiGram Holdings Inc stands at -0.45. The total capital return value is set at -0.28. Equity return is now at value -24.72, with -21.01 for asset returns.
Based on OrganiGram Holdings Inc (OGI), the company’s capital structure generated 0.0 points at debt to capital in total, while cash flow to debt ratio is standing at -202.68. The debt to equity ratio resting at 0.0. The interest coverage ratio of the stock is -284.28.
Currently, EBITDA for the company is -25.37 million with net debt to EBITDA at 1.23. When we switch over and look at the enterprise to sales, we see a ratio of 0.92. The receivables turnover for the company is 5.48for trailing twelve months and the total asset turnover is 0.45. The liquidity ratio also appears to be rather interesting for investors as it stands at 4.29.
Conclusion
In a nutshell, OrganiGram Holdings Inc (OGI) has experienced a mixed performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. 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.
