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Organigram (TSE:OGI) Shares Up 3.2% - Should You Buy?

Organigram logo with Medical background

Organigram Holdings Inc. (TSE:OGI - Get Free Report) rose 3.2% during trading on Tuesday . The company traded as high as C$1.62 and last traded at C$1.60. Approximately 64,311 shares were traded during trading, a decline of 72% from the average daily volume of 228,068 shares. The stock had previously closed at C$1.55.

Organigram Stock Performance

The company has a debt-to-equity ratio of 3.07, a current ratio of 3.36 and a quick ratio of 2.62. The stock has a market cap of C$196.43 million, a P/E ratio of -3.36, a PEG ratio of 0.42 and a beta of 1.13. The company has a fifty day moving average of C$1.49 and a 200 day moving average of C$1.96.

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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