Shares of Organigram Holdings Inc. (TSE:OGI – Get Free Report) were down 0.6% during mid-day trading on Tuesday . The stock traded as low as C$1.63 and last traded at C$1.64. Approximately 46,684 shares changed hands during mid-day trading, a decline of 78% from the average daily volume of 213,784 shares. The stock had previously closed at C$1.65.
Organigram Price Performance
The company has a 50 day moving average of C$1.47 and a 200 day moving average of C$1.67. The company has a current ratio of 2.61, a quick ratio of 2.62 and a debt-to-equity ratio of 6.48. The firm has a market cap of C$222.79 million, a price-to-earnings ratio of 2.63, a P/E/G ratio of 0.42 and a beta of 1.44.
Organigram (TSE:OGI – Get Free Report) last posted its earnings results on Tuesday, August 11th. The company reported C$0.77 earnings per share (EPS) for the quarter. The firm had revenue of C$105.78 million during the quarter. Organigram had a return on equity of 21.99% and a net margin of 28.02%. Equities research analysts predict that Organigram Holdings Inc. will post 0.1632373 EPS for the current fiscal year.
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.
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