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

Today during trading, Organigram Holdings Inc shares opened at $2.15 and closed at $2.05. prices ranged from $2.03 to $2.15.

Share prices reduced -6.82 percent from the previous day's close of $2.20.

During the day across North America, the TSX Composite closed -2.18% at 22227.63, the S&P 500 closed -1.37% at 5446.68, the Dow Jones Industrial Average closed -1.21% at 40347.97 and the Nasdaq Composite closed -2.30% at 17194.15.

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

Trading volume was 187,173 on 390 total trades, with an average volume of 181,021 in the last five days.

Trading across the entire TSX saw 741 price advancers against 4,512 declines and 69 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 7.89 percent in the last 12 months, while in 2024, they have advanced 19.19%.

Following today's trading, Organigram Holdings Inc has a market capitalization of $226.60 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.

Organigram Holdings Inc's average recommendation is "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..