Organigram Holdings Inc. (TSE:OGI - Get Free Report)'s share price reached a new 52-week low during trading on Friday . The stock traded as low as C$1.49 and last traded at C$1.51, with a volume of 122296 shares. The stock had previously closed at C$1.54.
Analyst Upgrades and Downgrades
Several analysts have weighed in on the company. Canaccord Genuity Group lowered their price target on Organigram from C$3.60 to C$3.15 and set a "speculative buy" rating on the stock in a report on Monday, December 9th. ATB Capital decreased their price objective on Organigram from C$5.25 to C$3.50 in a report on Tuesday, December 17th.
View Our Latest Stock Report on Organigram
Organigram Price Performance
The company has a current ratio of 3.36, a quick ratio of 2.62 and a debt-to-equity ratio of 3.07. The firm has a fifty day moving average of C$2.06 and a two-hundred day moving average of C$2.24. The company has a market capitalization of C$171.72 million, a PE ratio of -2.94, a PEG ratio of 0.42 and a beta of 1.13.
About Organigram
(
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Organigram Inc is a Canadian licensed producer of cannabis products. Organigram focuses on producing exceptional, indoor-grown cannabis for patients and adult recreational consumers, as well as developing global business partnerships.
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