Closing Bell: Organigram Holdings Inc down on Wednesday (OGI)

Today in trading, Organigram Holdings Inc shares closed at $2.32 after opening the day at $2.36. Intraday prices ranged from $2.30 to $2.44.

Share prices eased -2.11 percent from the previous day's close of $2.37.

During the day across North America, the TSX Composite closed 1.07% at 22995.39, the S&P 500 closed 0.64% at 5667.20, the Dow Jones Industrial Average closed 1.85% at 40954.48 and the Nasdaq Composite closed 0.20% at 18509.34.

Organigram Holdings Inc traded under OGI on the Toronto Stock Exchange (TSX).

A total of 206,988 shares was traded during the last trading day, with total trades of 475, with an average volume of 144,343 in the last five days.

The TSX overall saw 2,100 price advancers against 3,108 declines and 117 unchanged.

During the prior 52 weeks, OGI.TO has traded as high as $3.95 (March 26,2024) and low as $1.35 (October 26,2023). Moreover, the shares have soared 16.58% in the last year, while this year, they have soared 34.88%.

Following today's trading, Organigram Holdings Inc has a market capitalization of $244.11 million on a float of 102,999 shares outstanding. Its annual EPS is $-2.51.

Organigram Holdings Inc is a TSX Drug Specialty & Generic company headquartered in Toronto, CAN.

Currently, Organigram Holdings Inc has an average recommendation of "Moderate Buy" based on 5.00 analysts according to Zacks. Currently, there are 4 buy ratings and 1 hold ratings for the stock.

AI at The Globe and Mail
This report is produced using automated technology that summarizes market data into articles for our readers. Ongoing project experiments that leverage artificial intelligence include valuation screens across 14 categories and end-of-day Closing Summary reports for all North American securities..