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NASDAQ:OGI - OrganiGram Stock Price, Forecast & News

$2.59
+0.02 (+0.78 %)
(As of 12/13/2019 04:00 PM ET)
Today's Range
$2.56
Now: $2.59
$2.71
50-Day Range
$2.06
MA: $2.92
$3.86
52-Week Range
$2.00
Now: $2.59
$8.44
Volume2.33 million shs
Average Volume3.41 million shs
Market Capitalization$404.51 million
P/E Ratio43.17
Dividend YieldN/A
BetaN/A
OrganiGram Holdings Inc., through its subsidiaries, produces and sells dried cannabis and cannabis oil in Canada. It also offers wholesale shipping of cannabis plant cuttings, dried flowers, blends, pre-rolls, and cannabis oils to retailers and wholesalers. The company also exports its products. It sells its products online, as well as through phone orders. OrganiGram Holdings Inc. was founded in 2013 and is headquartered in Moncton, Canada.

Industry, Sector and Symbol

Industry Pharmaceutical preparations
Sub-IndustryN/A
SectorMedical
Current SymbolNASDAQ:OGI
CUSIPN/A
CIKN/A
Phone1-855-961-9420

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$61.27 million
Cash Flow$0.10 per share
Book Value$1.58 per share

Profitability

Net Income$-7,200,000.00

Miscellaneous

Employees615
Market Cap$404.51 million
Next Earnings Date1/27/2020 (Estimated)
OptionableNot Optionable

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OrganiGram (NASDAQ:OGI) Frequently Asked Questions

What is OrganiGram's stock symbol?

OrganiGram trades on the NASDAQ under the ticker symbol "OGI."

How were OrganiGram's earnings last quarter?

OrganiGram Holdings Inc (NASDAQ:OGI) released its earnings results on Monday, July, 15th. The company reported ($0.07) EPS for the quarter, missing the Zacks' consensus estimate of $0.02 by $0.09. The business had revenue of $30.36 million for the quarter, compared to the consensus estimate of $30.81 million. OrganiGram had a negative return on equity of 7.21% and a negative net margin of 11.16%. The company's revenue for the quarter was up 782.6% on a year-over-year basis. View OrganiGram's Earnings History.

When is OrganiGram's next earnings date?

OrganiGram is scheduled to release their next quarterly earnings announcement on Monday, January 27th 2020. View Earnings Estimates for OrganiGram.

What price target have analysts set for OGI?

9 Wall Street analysts have issued 1-year price objectives for OrganiGram's stock. Their forecasts range from $8.20 to $17.10. On average, they anticipate OrganiGram's share price to reach $10.96 in the next year. This suggests a possible upside of 323.2% from the stock's current price. View Analyst Price Targets for OrganiGram.

What is the consensus analysts' recommendation for OrganiGram?

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for OrganiGram in the last year. There are currently 4 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for OrganiGram.

Has OrganiGram been receiving favorable news coverage?

Media headlines about OGI stock have been trending somewhat positive this week, according to InfoTrie. The research firm ranks the sentiment of press coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. OrganiGram earned a media sentiment score of 0.6 on InfoTrie's scale. They also gave media headlines about the company a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an impact on the company's share price in the next few days. View News Stories for OrganiGram.

Are investors shorting OrganiGram?

OrganiGram saw a increase in short interest in November. As of November 29th, there was short interest totalling 10,200,000 shares, an increase of 50.2% from the November 14th total of 6,790,000 shares. Based on an average daily trading volume, of 2,386,700 shares, the days-to-cover ratio is presently 4.3 days. Approximately 6.8% of the shares of the company are short sold. View OrganiGram's Current Options Chain.

Who are some of OrganiGram's key competitors?

What other stocks do shareholders of OrganiGram own?

Based on aggregate information from My MarketBeat watchlists, some companies that other OrganiGram investors own include Canopy Growth (CGC), Aurora Cannabis (ACB), Cronos Group (CRON), KushCo (KSHB), Aphria (APHA), Charlotte's Web (CWBHF), Innovative Industrial Properties (IIPR), HEXO (HEXO), NVIDIA (NVDA) and Alibaba Group (BABA).

Who are OrganiGram's key executives?

OrganiGram's management team includes the folowing people:
  • Mr. Greg Engel, CEO & Director (Age 54)
  • Mr. Paolo De Luca C.A., C.F.A, Chief Financial Officer (Age 46)
  • Mr. Jeff Purcell, VP - Operations
  • Mr. Timothy Emberg, Sr. VP of Sales & Commercial Operations
  • Mr. Peter R. Hanson, Director of Fin.

Who are OrganiGram's major shareholders?

OrganiGram's stock is owned by many different of retail and institutional investors. Top institutional investors include Ancora Advisors LLC (0.21%), Commonwealth Equity Services LLC (0.06%), Sigma Planning Corp (0.04%), Penserra Capital Management LLC (0.04%), Cambridge Investment Research Advisors Inc. (0.02%) and Traynor Capital Management Inc. (0.02%).

Which major investors are selling OrganiGram stock?

OGI stock was sold by a variety of institutional investors in the last quarter, including Ancora Advisors LLC and Virtu Financial LLC.

Which major investors are buying OrganiGram stock?

OGI stock was purchased by a variety of institutional investors in the last quarter, including Sigma Planning Corp, Penserra Capital Management LLC, Cambridge Investment Research Advisors Inc., Signition LP, Millennium Management LLC, Archford Capital Strategies LLC, Wedbush Securities Inc. and Commonwealth Equity Services LLC.

How do I buy shares of OrganiGram?

Shares of OGI can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

What is OrganiGram's stock price today?

One share of OGI stock can currently be purchased for approximately $2.59.

How big of a company is OrganiGram?

OrganiGram has a market capitalization of $404.51 million and generates $61.27 million in revenue each year. The company earns $-7,200,000.00 in net income (profit) each year or $0.06 on an earnings per share basis. OrganiGram employs 615 workers across the globe.View Additional Information About OrganiGram.

What is OrganiGram's official website?

The official website for OrganiGram is http://www.organigram.ca/.

How can I contact OrganiGram?

OrganiGram's mailing address is 35 English Dr., Moncton Z4, E1E 3X3. The company can be reached via phone at 1-855-961-9420.


MarketBeat Community Rating for OrganiGram (NASDAQ OGI)

Community Ranking:  3.1 out of 5 (star star star)
Outperform Votes:  117 (Vote Outperform)
Underperform Votes:  69 (Vote Underperform)
Total Votes:  186
MarketBeat's community ratings are surveys of what our community members think about OrganiGram and other stocks. Vote "Outperform" if you believe OGI will outperform the S&P 500 over the long term. Vote "Underperform" if you believe OGI will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 12/14/2019 by MarketBeat.com Staff

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