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Organigram (TSE:OGI) Sets New 1-Year Low - Time to Sell?

Organigram logo with Medical background

Organigram Holdings Inc. (TSE:OGI - Get Free Report)'s share price hit a new 52-week low during trading on Monday . The company traded as low as C$1.24 and last traded at C$1.31, with a volume of 256864 shares. The stock had previously closed at C$1.32.

Analyst Ratings Changes

Separately, ATB Capital dropped their price objective on Organigram from C$5.25 to C$3.50 in a report on Tuesday, December 17th.

Get Our Latest Stock Report on Organigram

Organigram Stock Performance

The stock's fifty day moving average is C$1.63 and its 200-day moving average is C$2.05. 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 stock has a market cap of C$175.43 million, a price-to-earnings ratio of -3.00, a PEG ratio of 0.42 and a beta of 1.13.

Organigram Company Profile

(Get Free Report)

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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