Organigram (TSE:OGI) Insider Sells C$70,322.58 in Stock

Organigram Holdings Inc. (TSE:OGI) insider Beena Goldenberg sold 28,242 shares of the company’s stock in a transaction that occurred on Tuesday, October 21st. The stock was sold at an average price of C$2.49, for a total value of C$70,322.58. Following the completion of the sale, the insider directly owned 111,063 shares of the company’s stock, valued at approximately C$276,546.87. This represents a 20.27% decrease in their position.

Beena Goldenberg also recently made the following trade(s):

• On Thursday, October 30th, Beena Goldenberg sold 20,058 shares of Organigram stock. The shares were sold at an average price of C$2.25, for a total transaction of C$45,130.50.

Organigram Trading Up 0.5%

OGI stock opened at C$2.12 on Tuesday. The company has a market capitalization of C$283.83 million, a PE ratio of 176.67, a price-to-earnings-growth ratio of 0.42 and a beta of 2.16. The company has a debt-to-equity ratio of 3.07, a quick ratio of 2.62 and a current ratio of 3.36. Organigram Holdings Inc. has a one year low of C$1.22 and a one year high of C$2.89. The company’s 50 day moving average price is C$2.43 and its two-hundred day moving average price is C$2.12.

Organigram Company Profile

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.