No matter how cynical the overall market is, OrganiGram Holdings Inc (OGI) performance over the last week is recorded -3.94%

OrganiGram Holdings Inc (NASDAQ: OGI) kicked off on Monday, down -6.87% from the previous trading day, before settling in for the closing price of $1.31. Over the past 52 weeks, OGI has traded in a range of $1.24-$2.91.

Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.

Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!

Get the FREE Report with all the details here.


Sponsored

Healthcare Sector giant saw their annual sales surged by 17.89% over the last five years. While this was happening, its average annual earnings per share was recorded 38.82%. With a float of $90.34 million, this company’s outstanding shares have now reached $126.16 million.

The firm has a total of 898 workers. Let’s measure their productivity. In terms of profitability, gross margin is 26.57%, operating margin of -24.35%, and the pretax margin is -31.55%.

OrganiGram Holdings Inc (OGI) Breakdown of a Key Holders of the stock

Our next focus will be how large-scale investors are participating in this stock of the Drug Manufacturers – Specialty & Generic Industry. The insider ownership of OrganiGram Holdings Inc is 28.43%, while institutional ownership is 6.37%.

OrganiGram Holdings Inc (OGI) Recent Fiscal highlights

Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.02 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 38.82% per share during the next fiscal year.

OrganiGram Holdings Inc (NASDAQ: OGI) Trading Performance Indicators

Take a look at OrganiGram Holdings Inc’s (OGI) current performance indicators. Last quarter, stock had a quick ratio of 1.85. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.27.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.38, a number that is poised to hit -0.03 in the next quarter and is forecasted to reach -0.02 in one year’s time.

Technical Analysis of OrganiGram Holdings Inc (OGI)

Analysing the last 5-days average volume posted by the [OrganiGram Holdings Inc, OGI], we can find that recorded value of 1.54 million was better than the volume posted last year of 0.98 million. As of the previous 9 days, the stock’s Stochastic %D was 9.63%. Additionally, its Average True Range was 0.09.

During the past 100 days, OrganiGram Holdings Inc’s (OGI) raw stochastic average was set at 0.00%, which indicates a significant increase from 0.00% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 102.78% in the past 14 days, which was higher than the 60.43% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $1.5260, while its 200-day Moving Average is $1.6591. Now, the first resistance to watch is $1.2800. This is followed by the second major resistance level at $1.3400. The third major resistance level sits at $1.3700. If the price goes on to break the first support level at $1.1900, it is likely to go to the next support level at $1.1600. Now, if the price goes above the second support level, the third support stands at $1.1000.

OrganiGram Holdings Inc (NASDAQ: OGI) Key Stats

The company with the Market Capitalisation of 153.99 million has total of 126,217K Shares Outstanding. Its annual sales at the moment are 117,470 K in contrast with the sum of -33,390 K annual income. Company’s last quarter sales were recorded 30,520 K and last quarter income was -16,400 K.