Organigram Holdings Inc. (TSE:OGI - Get Free Report) shares reached a new 52-week low on Monday . The company traded as low as C$1.39 and last traded at C$1.43, with a volume of 109013 shares traded. The stock had previously closed at C$1.45.
Wall Street Analyst Weigh In
A number of research analysts have recently weighed in on the company. ATB Capital reduced their target price on Organigram from C$5.25 to C$3.50 in a research note on Tuesday, December 17th. Canaccord Genuity Group decreased their price objective on Organigram from C$3.60 to C$3.15 and set a "speculative buy" rating on the stock in a research note on Monday, December 9th.
View Our Latest Stock Analysis on OGI
Organigram Stock Down 3.5 %
The firm has a market cap of C$171.72 million, a price-to-earnings ratio of -2.94, a PEG ratio of 0.42 and a beta of 1.13. The company has a quick ratio of 2.62, a current ratio of 3.36 and a debt-to-equity ratio of 3.07. The firm has a fifty day moving average price of C$1.77 and a 200-day moving average price of C$2.11.
Organigram Company Profile
(
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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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