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

Organigram Holdings Inc opened trading today at $2.11 and closed at $2.04. Intraday prices ranged from a low of $2.04 to a high of $2.14.

Shares dipped -2.86% from the previous day's close of $2.10.

During the day across North America, the TSX Composite closed -0.45% at 21880.95, the S&P 500 closed -0.77% at 5199.50, the Dow Jones Industrial Average closed -0.60% at 38763.45 and the Nasdaq Composite closed 1.03% at 16366.85.

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

A total of 282,666 shares was traded during the last trading day, with total trades of 434, with an average volume of 213,536 over the last 5 days.

The TSX market on the whole today saw 1,858 price advancers against 3,319 declines and 108 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, in the last 12 months, Organigram Holdings Inc's shares have advanced 8.51%, while they have boosted 18.60% since the start of 2024.

Following today's trading, Organigram Holdings Inc has a market capitalization of $216.30 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's consensus rating is "Moderate Buy" based on 5 analysts according to Zacks. Currently, there are 4 buy ratings and 1 hold ratings for the stock.

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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..