Timothy Emberg Sells 8,856 Shares of Organigram (TSE:OGI) Stock

Organigram Holdings Inc. (TSE:OGI) insider Timothy Emberg sold 8,856 shares of the business’s stock in a transaction on Thursday, October 30th. The stock was sold at an average price of C$2.25, for a total transaction of C$19,926.00. Following the completion of the sale, the insider directly owned 52,764 shares in the company, valued at approximately C$118,719. This represents a 14.37% decrease in their position.

Organigram Stock Performance

Shares of Organigram stock opened at C$2.15 on Wednesday. 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 Holdings Inc. has a twelve month low of C$1.22 and a twelve month high of C$2.89. The stock has a market cap of C$288.15 million, a price-to-earnings ratio of 179.17, a P/E/G ratio of 0.42 and a beta of 2.16. The company’s fifty day moving average is C$2.45 and its 200 day moving average is C$2.08.

Organigram Company Profile

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.