Organigram Holdings Inc. (TSE:OGI – Get Free Report) insider Paolo De Luca sold 12,007 shares of the firm’s stock in a transaction that occurred on Tuesday, October 21st. The shares were sold at an average price of C$2.49, for a total transaction of C$29,897.43. Following the completion of the transaction, the insider directly owned 35,768 shares of the company’s stock, valued at C$89,062.32. This represents a 25.13% decrease in their position.
Paolo De Luca also recently made the following trade(s):
- On Thursday, October 30th, Paolo De Luca sold 8,652 shares of Organigram stock. The shares were sold at an average price of C$2.25, for a total value of C$19,467.00.
Organigram Stock Performance
Shares of OGI opened at C$2.11 on Friday. The stock has a 50-day simple moving average of C$2.43 and a 200-day simple moving average of C$2.11. The company has a debt-to-equity ratio of 3.07, a quick ratio of 2.62 and a current ratio of 3.36. The stock has a market capitalization of C$282.50 million, a PE ratio of 175.83, a PEG ratio of 0.42 and a beta of 2.16. Organigram Holdings Inc. has a 1 year low of C$1.22 and a 1 year high of C$2.89.
About Organigram
Organigram Inc is a Canadian licensed producer of cannabis products. Organigram focuses on producing exceptional, indoor-grown cannabis for patients and adult recreational consumers, as well as developing global business partnerships.
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