Insider Selling: Organigram (TSE:OGI) Insider Sells C$31,991.52 in Stock

Organigram Holdings Inc. (TSE:OGI) insider Helen Martin sold 12,848 shares of the business’s stock in a transaction that occurred on Tuesday, October 21st. The stock was sold at an average price of C$2.49, for a total value of C$31,991.52. Following the sale, the insider directly owned 47,511 shares in the company, valued at C$118,302.39. This trade represents a 21.29% decrease in their position.

Helen Martin also recently made the following trade(s):

• On Thursday, October 30th, Helen Martin sold 9,152 shares of Organigram stock. The shares were sold at an average price of C$2.25, for a total value of C$20,592.00.

Organigram Price Performance

OGI stock traded down C$0.05 during midday trading on Friday, hitting C$2.11. 117,363 shares of the stock were exchanged, compared to its average volume of 176,953. The stock’s 50-day moving average price is C$2.43 and its 200-day moving average price is C$2.11. 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 stock has a market cap of C$282.50 million, a price-to-earnings ratio of 175.83, a PEG ratio of 0.42 and a beta of 2.16. Organigram Holdings Inc. has a fifty-two week low of C$1.22 and a fifty-two week high of C$2.89.

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.