Organigram (NASDAQ:OGI - Get Free Report) released its earnings results on Monday. The company reported ($0.13) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.03) by ($0.10), Zacks reports. Organigram had a negative return on equity of 8.59% and a negative net margin of 31.69%.
Organigram Trading Up 6.3%
Shares of OGI opened at $1.18 on Monday. The business's 50-day moving average price is $1.05 and its 200 day moving average price is $1.36. The stock has a market capitalization of $157.93 million, a P/E ratio of -3.11 and a beta of 1.35. Organigram has a 1-year low of $0.85 and a 1-year high of $2.11.
About Organigram
(
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Organigram Holdings Inc, through its subsidiaries, engages in the production and sale of cannabis and cannabis-derived products in Canada. It offers medical cannabis products, including whole flower, milled flower, pre-rolls, infused pre-rolls, vapes, gummies, and concentrates for medical retailers; adult use recreational cannabis under the SHRED, Holy Mountain, Big Bag O' Buds, Monjour, Trailblazer, SHRED'ems, Edison Cannabis Co, Edison JOLTS, Tremblant, and Laurentian brands.
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