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Organigram (TSE:OGI) Trading Up 0.5% - Here's Why

Organigram logo with Medical background

Organigram Holdings Inc. (TSE:OGI - Get Free Report)'s share price shot up 0.5% on Thursday . The company traded as high as C$1.94 and last traded at C$1.91. 40,131 shares traded hands during mid-day trading, a decline of 79% from the average session volume of 189,429 shares. The stock had previously closed at C$1.90.

Organigram Stock Performance

The firm has a market capitalization of C$235.97 million, a price-to-earnings ratio of -4.04, a P/E/G ratio of 0.42 and a beta of 1.13. The company has a debt-to-equity ratio of 3.07, a quick ratio of 2.62 and a current ratio of 3.36. The company has a 50 day moving average price of C$1.79 and a two-hundred day moving average price of C$1.83.

About Organigram

(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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