Organigram (TSE:OGI) Hits New 12-Month Low – What’s Next?

Shares of Organigram Holdings Inc. (TSE:OGIGet Free Report) reached a new 52-week low during trading on Wednesday . The company traded as low as C$1.35 and last traded at C$1.35, with a volume of 122509 shares traded. The stock had previously closed at C$1.36.

Organigram Stock Performance

The company has a market cap of C$190.05 million, a PE ratio of -6.31, a P/E/G ratio of 0.42 and a beta of 1.45. The company has a current ratio of 2.82, a quick ratio of 2.62 and a debt-to-equity ratio of 2.20. The firm’s 50-day simple moving average is C$1.67 and its two-hundred day simple moving average is C$1.96.

Organigram Company Profile

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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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