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

Today, shares of Organigram Holdings Inc opened at $2.40 and closed at $2.25. It traded at a low of $2.24 to a high of $2.41.

The price eased -7.41 percent from the previous day's close of $2.43.

During the day across North America, the TSX Composite closed -0.76% at 22639.57, the S&P 500 closed -0.16% at 5555.74, the Dow Jones Industrial Average closed -0.14% at 40358.09 and the Nasdaq Composite closed -0.06% at 17997.35.

Organigram Holdings Inc has listed on the Toronto Stock Exchange (TSX) under the ticker OGI.

Trading volume was 228,400 on 518 total trades, while having an average volume of 195,360 in the last five days.

Trading across the entire TSX saw 1,249 price advancers against 3,959 declines and 110 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 boosted 26.40% in the last 52 weeks, while they have raised 30.81% since the start of 2024.

Following today's trading, Organigram Holdings Inc has a market capitalization of $250.29 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. From those 5 analysts, 4 have buy ratings and 1 analysts gave hold ratings.

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..