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Organigram (TSE:OGI) Trading Up 2% - Still a Buy?

Organigram logo with Medical background

Organigram Holdings Inc. (TSE:OGI - Get Free Report)'s stock price traded up 2% during trading on Wednesday . The stock traded as high as C$2.05 and last traded at C$2.00. 201,555 shares changed hands during mid-day trading, a decline of 3% from the average session volume of 207,436 shares. The stock had previously closed at C$1.96.

Organigram Stock Performance

The firm has a fifty day simple moving average of C$1.67 and a 200-day simple moving average of C$1.86. The company has a market cap of C$234.73 million, a PE ratio of -4.02, a price-to-earnings-growth ratio of 0.42 and a beta of 1.13. The company has a quick ratio of 2.62, a current ratio of 3.36 and a debt-to-equity ratio of 3.07.

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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