Shares of Organigram Holdings Inc. (TSE:OGI – Get Free Report) reached a new 52-week low during mid-day trading on Monday . The company traded as low as C$1.29 and last traded at C$1.31, with a volume of 609523 shares trading hands. The stock had previously closed at C$1.37.
Organigram Stock Down 8.8%
The company has a debt-to-equity ratio of 2.20, a current ratio of 2.82 and a quick ratio of 2.62. The stock has a market capitalization of C$175.97 million, a PE ratio of -5.84, a PEG ratio of 0.42 and a beta of 1.45. The company has a 50 day moving average price of C$1.52 and a 200-day moving average price of C$1.86.
About Organigram
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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