OrganiGram Holdings Inc (NASDAQ:OGI) Down Almost -12.92% In One Month, Looking Good For The Long Term

In last trading session, OrganiGram Holdings Inc (NASDAQ:OGI) saw 0.39 million shares changing hands with its beta currently measuring 1.02. Company’s recent per share price level of $1.55 trading at $0.05 or 3.33% at ring of the bell on the day assigns it a market valuation of $168.28M. That closing price of OGI’s stock is at a discount of -87.74% from its 52-week high price of $2.91 and is indicating a premium of 22.58% from its 52-week low price of $1.20. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.59 million shares which gives us an average trading volume of 461.30K if we extend that period to 3-months.

For OrganiGram Holdings Inc (OGI), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.00. Splitting up the data highlights that, out of 2 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 0 suggested the stock as a Hold whereas 2 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -0.04 in the current quarter.

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OrganiGram Holdings Inc (NASDAQ:OGI) trade information

Upright in the green during last session for gaining 3.33%, in the last five days OGI remained trading in the green while hitting it’s week-highest on Monday, 11/25/24 when the stock touched $1.55 price level, adding 4.32% to its value on the day. OrganiGram Holdings Inc’s shares saw a change of 18.32% in year-to-date performance and have moved 2.65% in past 5-day. OrganiGram Holdings Inc (NASDAQ:OGI) showed a performance of -12.92% in past 30-days. Number of shares sold short was 2.75 million shares which calculate 6.16 days to cover the short interests.

OrganiGram Holdings Inc (OGI) estimates and forecasts

This year revenue growth is estimated to fall -0.80% from the last financial year’s standing.

6 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 44.28M for the same. And 4 analysts are in estimates of company making revenue of 45.76M in the next quarter. Company posted 46.04M and 36.45M of sales in current and next quarters respectively a year earlier.

OrganiGram Holdings Inc (NASDAQ:OGI)’s Major holders

Insiders are in possession of 31.32% of company’s total shares while institution are holding 9.71 percent of that, with stock having share float percentage of 14.14%. Investors also watch the number of corporate investors in a company very closely, which is 9.71% institutions for OrganiGram Holdings Inc that are currently holding shares of the company.

On the other hand, Amplify ETF Tr-Amplify Alternative Harvest ETF and AdvisorShares Trust-AdvisorShares Pure Cannabis ETF are the top two Mutual Funds which own company’s shares. As of Sep 30, 2024 , the former fund manager was holding 1.95 shares of worth $2.94 million or 1.79% of the total outstanding shares. The later fund manager was in possession of 741.78 shares on Sep 30, 2024 , making its stake of worth around $1.12 million in the company or a holder of 0.68% of company’s stock.