OrganiGram Holdings Inc (NASDAQ: OGI) is -21.12% lower on its value in year-to-date trading and has touched a low of $1.29 and a high of $2.91 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The OGI stock was last observed hovering at around $1.35 in the last trading session, with the day’s loss setting it -0.08%.
Currently trading at $1.27, the stock is -16.61% and -17.90% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.04 million and changing -5.93% at the moment leaves the stock -24.17% off its SMA200. OGI registered -31.35% loss for a year compared to 6-month loss of -33.16%. The firm has a 50-day simple moving average (SMA 50) of $1.5468 and a 200-day simple moving average (SMA200) of $1.674825.
The stock witnessed a -17.53% gain in the last 1 month and extending the period to 3 months gives it a -20.13%, and is -24.40% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 7.89% over the week and 5.49% over the month.
OrganiGram Holdings Inc (OGI) has around 898 employees, a market worth around $160.30M and $121.24M in sales. Profit margin for the company is -31.69%. Distance from 52-week low is -1.55% and -56.36% from its 52-week high. The company has generated returns on investments over the last 12 months (-16.64%).
The EPS is expected to grow by 38.95% this year.
OrganiGram Holdings Inc (OGI) Top Institutional Holders
98.0 institutions hold shares in OrganiGram Holdings Inc (OGI), with institutional investors hold 9.06% of the company’s shares. The shares outstanding are 126.16M, and float is at 90.34M with Short Float at 3.02%. Institutions hold 6.49% of the Float.
The top institutional shareholder in the company is with over 5663.0 shares valued at $8733.0. The investor’s holdings represent 0.0055% of the OGI Shares outstanding.
OrganiGram Holdings Inc (OGI) Insider Activity
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