At the time of writing, Organigram Global Inc [OGI] stock is trading at $1.45, up 2.48%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The OGI shares have gain 8.65% over the last week, with a monthly amount drifted -1.70%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Previously, Alliance Global Partners upgraded its rating to Buy on April 15, 2024. On January 13, 2023, upgrade upgraded it’s rating to Buy. Canaccord Genuity upgraded its rating to a Speculative Buy. CIBC upgraded its rating to a Neutral. CIBC downgraded its rating to Sector Underperform for this stock on April 14, 2021. In a note dated April 08, 2021, BMO Capital Markets upgraded an Market Perform rating on this stock.
For the past year, the stock price of Organigram Global Inc fluctuated between $0.85 and $2.08. Organigram Global Inc [NASDAQ: OGI] shares were valued at $1.45 at the most recent close of the market.
Analyzing the OGI fundamentals
According to Organigram Global Inc [NASDAQ:OGI], the company’s sales were 139.05M for trailing twelve months, which represents an 63.86% jump. Gross Profit Margin for this corporation currently stands at 0.33% with Operating Profit Margin at -0.12%, Pretax Profit Margin comes in at 0.09%, and Net Profit Margin reading is 0.09%. To continue investigating profitability, this company’s Return on Assets is posted at 0.03, Equity is 0.05 and Total Capital is -0.05. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.02.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance.
Ratios To Look Out For
It is important to note that Organigram Global Inc [NASDAQ:OGI] has a current ratio of 3.42. Further, the Quick Ratio stands at 1.90, while the Cash Ratio is 0.17. Considering the valuation of this stock, the price to sales ratio is 1.39, the price to book ratio is 0.71 and price to earnings (TTM) ratio is 24.29.
