The stock of OrganiGram Holdings Inc (OGI) has seen a -3.73% decrease in the past week, with a 1.97% gain in the past month, and a -10.92% decrease in the past quarter. The volatility ratio for the week is 9.32%, and the volatility levels for the past 30 days are at 6.73% for OGI. The simple moving average for the last 20 days is 2.80% for OGI stock, with a simple moving average of -11.65% for the last 200 days.
Is It Worth Investing in OrganiGram Holdings Inc (NASDAQ: OGI) Right Now?
The 36-month beta value for OGI is at 1.02. Analysts have varying views on the stock, with 4 analysts rating it as a “buy,” 1 rating it as “overweight,” 3 as “hold,” and 0 as “sell.”
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The public float for OGI is 75.79M, and currently, shorts hold a 3.25% of that float. The average trading volume for OGI on December 25, 2024 was 631.71K shares.
OGI) stock’s latest price update
OrganiGram Holdings Inc (NASDAQ: OGI)’s stock price has decreased by -1.27 compared to its previous closing price of 1.58. However, the company has seen a -3.73% decrease in its stock price over the last five trading sessions. seekingalpha.com reported 2024-12-22 that Organigram reported Q4-2024 financial results earlier this week and show improved revenues, profit margins, net loss, and increased cash. The company announced the acquisition of Canadian private cannabis LP Motif Labs which will set Organigram in the top spot in Canada by market share. Organigram has increased its international footprint with an investment in Sanity Group in Germany and in Open Book Extracts in the US.
OGI Trading at -3.24% 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 -46.39% of loss for the given period.
Volatility was left at 6.73%, however, over the last 30 days, the volatility rate increased by 9.32%, as shares sank -1.27% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -11.86% lower at present.
During the last 5 trading sessions, OGI fell by -3.11%, which changed the moving average for the period of 200-days by -20.00% in comparison to the 20-day moving average, which settled at $1.5180. In addition, OrganiGram Holdings Inc saw 18.32% 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:
- -0.28 for the present operating margin
- 0.23 for the gross margin
The net margin for OrganiGram Holdings Inc stands at -0.28. The total capital return value is set at -0.13. Equity return is now at value -15.71, with -12.84 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 53.96. The debt to equity ratio resting at 0.0. The interest coverage ratio of the stock is -273.16.
Currently, EBITDA for the company is -23.59 million with net debt to EBITDA at 4.38. When we switch over and look at the enterprise to sales, we see a ratio of 0.89. The receivables turnover for the company is 4.36for trailing twelve months and the total asset turnover is 0.39. The liquidity ratio also appears to be rather interesting for investors as it stands at 4.92.
Conclusion
In conclusion, OrganiGram Holdings Inc (OGI) has had a mixed performance lately. Opinion on the stock among analysts is bullish, with some giving it a “buy” rating and others 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.
