A new trading day began on Monday, with Organigram Global Inc (NASDAQ: OGI) stock price down -5.59% from the previous day of trading, before settling in for the closing price of $1.79. OGI’s price has ranged from $0.85 to $2.24 over the past 52 weeks.
Over the past five-year period, the growth rate of yearbook sales for the company of the Healthcare sector was 43.19%. Meanwhile, its annual earnings per share averaged 108.20%. With a float of $91.07 million, this company’s outstanding shares have now reached $134.46 million.
Organigram Global Inc (OGI) Insider Activity
As we move forward, let’s examine how large-scale investors are investing in this stock of the Drug Manufacturers – Specialty & Generic Industry. The insider ownership of Organigram Global Inc is 32.54%, while institutional ownership is 7.37%.
Organigram Global Inc (OGI) Earnings and Forecasts
In its latest quarterly report, released on 12/31/2024, the company reported earnings of -0.11 per share, which was $0.1 lower than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.0 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 108.20% per share during the next fiscal year.
Organigram Global Inc (NASDAQ: OGI) Trading Performance Indicators
Here are Organigram Global Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 1.28. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.23.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.16, a number that is poised to hit -0.01 in the next quarter and is forecasted to reach 0.05 in one year’s time.
Technical Analysis of Organigram Global Inc (OGI)
Compared to the last year’s volume of 0.8 million, its volume of 2.31 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 34.22%.
During the past 100 days, Organigram Global Inc’s (OGI) raw stochastic average was set at 35.29%, which indicates a significant increase from 26.67% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.1794 in the past 14 days, which was higher than the 0.1003 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.6724, while its 200-day Moving Average is $1.4773. Nevertheless, the first resistance level for the watch stands at $1.7666 in the near term. At $1.8433, the stock is likely to face the second major resistance level. The third major resistance level sits at $1.8865. If the price goes on to break the first support level at $1.6467, it is likely to go to the next support level at $1.6035. Should the price break the second support level, the third support level stands at $1.5268.
Organigram Global Inc (NASDAQ: OGI) Key Stats
With a market capitalization of 228.15 million, the company has a total of 135,005K Shares Outstanding. Currently, annual sales are 185,290 K while annual income is -17,700 K. The company’s previous quarter sales were 57,910 K while its latest quarter income was -26,320 K.
