Organigram Holdings Inc. (TSE:OGI – Get Free Report)’s share price rose 16.8% during mid-day trading on Tuesday . The company traded as high as C$1.69 and last traded at C$1.67. 705,914 shares traded hands during mid-day trading, an increase of 235% from the average session volume of 210,834 shares. The stock had previously closed at C$1.43.
Organigram Trading Up 5.3%
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 stock has a market cap of C$250.58 million, a P/E ratio of -8.32, a price-to-earnings-growth ratio of 0.42 and a beta of 1.44. The business’s fifty day simple moving average is C$1.39 and its 200 day simple moving average is C$1.71.
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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