OrganiGram Holdings Inc. (NASDAQ:OGI) has a beta value of 1.87 and has seen 2,651,491 shares traded in the recent trading session. The company, currently valued at $324.01 Million, closed the recent trade at $1.66 per share which meant it lost $0 on the day or -0.6% during that session. The OGI stock price is -340.36% off its 52-week high price of $7.31 and 34.34% above the 52-week low of $1.09. If we look at the company’s 10-day average daily trading volume, we find that it stood at 5.56 Million shares traded. The 3-month trading volume is 5.84 Million shares.
The consensus among analysts is that OrganiGram Holdings Inc. (OGI) is an Overweight stock at the moment, with a recommendation rating of 0. None of the analysts rate the stock as a Sell, while 1 rate it as Overweight. 4 out of 14 have rated it as a Hold, with 9 advising it as a Buy. None have rated the stock as Underweight.
OrganiGram Holdings Inc. (NASDAQ:OGI) trade information
Despite being -1.2% in the red today, the stock has traded in the green over the last five days, with the highest price hit on Tuesday, Jun 23 when the OGI stock price touched $2 or saw a rise of 16.5%. Year-to-date, OrganiGram Holdings Inc. shares have moved -31.84%, while the 5-day performance has seen it change -10.22%. Over the past 30 days, the shares of OrganiGram Holdings Inc. (NASDAQ:OGI) have changed -4.02%. Short interest in the company has seen 12.98 Million shares shorted with days to cover at 2.22.
Wall Street analysts have a consensus price target for the stock at $3.29, which means that the shares’ value could jump 98.19% from current levels. The projected low price target is $1.98 while the price target rests at a high of $4.32. In that case, then, we find that the current price level is +160.24% off the targeted high while a plunge would see the stock lose 19.28% from current levels.
OrganiGram Holdings Inc. (OGI) estimates and forecasts
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was +0% over the past 5 years. Earnings growth for 2020 is a modest +0% while over the next 5 years, the company’s earnings are expected to increase by 0%.