Shares of Organigram Holdings Inc. (TSE:OGI – Get Free Report) traded up 16.8% on Tuesday . The stock traded as high as C$1.69 and last traded at C$1.67. 705,914 shares changed hands during trading, an increase of 235% from the average daily volume of 210,834 shares. The stock had previously closed at C$1.43.
Organigram Price Performance
The company’s 50-day moving average is C$1.38 and its 200-day moving average is C$1.71. The company has a debt-to-equity ratio of 2.20, a current ratio of 2.82 and a quick ratio of 2.62. The firm has a market capitalization of C$235.09 million, a price-to-earnings ratio of -7.80, a PEG ratio of 0.42 and a beta of 1.44.
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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