Organigram Holdings Stock Today

OGI Stock  USD 1.51  0.03  2.03%   

Performance

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Odds Of Distress

Less than 6

 
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OrganiGram Holdings is trading at 1.51 as of the 21st of November 2024. This is a 2.03 percent increase since the beginning of the trading day. The stock's open price was 1.48. OrganiGram Holdings has only a 6 % chance of going through financial distress over the next few years, but has generated negative returns over the last 90 days. Equity ratings for OrganiGram Holdings are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 2nd of December 2022 and ending today, the 21st of November 2024. Click here to learn more.
Business Domain
Pharmaceuticals, Biotechnology & Life Sciences
IPO Date
27th of August 2014
Category
Healthcare
Classification
Health Care
Organigram Holdings Inc., through its subsidiaries, produces and sells cannabis and cannabis-derived products in Canada. Organigram Holdings Inc. was founded in 2013 and is headquartered in Moncton, Canada. Organigram Hlds is traded on NASDAQ Exchange in the United States. The company has 108.57 M outstanding shares of which 2.29 M shares are now shorted by investors with about 6.16 days to cover. More on OrganiGram Holdings

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OrganiGram Stock Highlights

Old NameOrganiGram Holdings Inc
Business ConcentrationPharmaceuticals, Pharmaceuticals, Biotechnology & Life Sciences, Health Care, NASDAQ Composite, NASDAQ Health Care, Health Care, Pharmaceuticals, Drug Manufacturers—Specialty & Generic, Healthcare (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.140.2527
Way Down
Slightly volatile
Gross Profit Margin0.230.2165
Notably Up
Slightly volatile
Total Current Liabilities18.3 M25.8 M
Way Down
Slightly volatile
Non Current Liabilities Total4.8 M5.1 M
Notably Down
Pretty Stable
Total Assets251.2 M343.2 M
Way Down
Slightly volatile
Total Current Assets119 M179.4 M
Way Down
Slightly volatile
Debt Levels
OrganiGram Holdings can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand OrganiGram Holdings' financial leverage. It provides some insight into what part of OrganiGram Holdings' total assets is financed by creditors.
Liquidity
OrganiGram Holdings has 3.71 M in debt with debt to equity (D/E) ratio of 0.01, which may show that the company is not taking advantage of profits from borrowing. OrganiGram Holdings has a current ratio of 4.09, demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due. Note however, debt could still be an excellent tool for OrganiGram to invest in growth at high rates of return.

Change In Working Capital

15.11 Million
OrganiGram Holdings (OGI) is traded on NASDAQ Exchange in USA. It is located in 145 King Street West, Toronto, ON, Canada, M5H 1J8 and employs 914 people. OrganiGram Holdings is listed under Pharmaceuticals category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a total capitalization of 160.69 M. OrganiGram Holdings runs under Pharmaceuticals sector within Health Care industry. The entity has 108.57 M outstanding shares of which 2.29 M shares are now shorted by investors with about 6.16 days to cover. OrganiGram Holdings has about 127.36 M in cash with (35.8 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.41.
Check OrganiGram Holdings Probability Of Bankruptcy
Ownership Allocation
OrganiGram Holdings owns a total of 108.57 Million outstanding shares. OrganiGram Holdings has significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Please note that no matter how many assets the company maintains, if the real value of the company is less than the current market value, you may not be able to make money on it.
Check OrganiGram Ownership Details

OrganiGram Stock Institutional Holders

InstituionRecorded OnShares
Two Sigma Advisers, Llc2024-06-30
101.2 K
Polar Asset Management Partners2024-06-30
75 K
Morgan Stanley - Brokerage Accounts2024-06-30
49.3 K
Jane Street Group Llc2024-06-30
48.5 K
Vontobel Holding Ltd.2024-06-30
40.6 K
Clear Harbor Asset Management, Llc2024-09-30
32.8 K
Citadel Advisors Llc2024-06-30
29 K
State Of Wyoming2024-06-30
28.9 K
Hightower Advisors, Llc2024-06-30
23 K
Tidal Investments Llc.2024-06-30
1.8 M
Advisorshares Investments, Llc2024-06-30
M
View OrganiGram Holdings Diagnostics

OrganiGram Holdings Historical Income Statement

As of now, OrganiGram Holdings' Income Tax Expense is increasing as compared to previous years. The OrganiGram Holdings' current Depreciation And Amortization is estimated to increase to about 28.3 M, while Interest Expense is projected to decrease to under 303.5 K. View More Fundamentals

OrganiGram Stock Against Markets

OrganiGram Holdings Corporate Management

CPA CPAChief OfficerProfile
Beena GoldenbergCEO DirectorProfile
Helen MartinChief SecretaryProfile
Katrina McFaddenChief OfficerProfile
Megan McCraeSenior CommunicationsProfile
Amy SchwalmVP RelationsProfile
CFA CAChief OfficerProfile
When determining whether OrganiGram Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of OrganiGram Holdings' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Organigram Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Organigram Holdings Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in OrganiGram Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
For more detail on how to invest in OrganiGram Stock please use our How to Invest in OrganiGram Holdings guide.
You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
Is Pharmaceuticals space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of OrganiGram Holdings. If investors know OrganiGram will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about OrganiGram Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.83)
Revenue Per Share
1.835
Quarterly Revenue Growth
(0.14)
Return On Assets
(0.06)
Return On Equity
(0.55)
The market value of OrganiGram Holdings is measured differently than its book value, which is the value of OrganiGram that is recorded on the company's balance sheet. Investors also form their own opinion of OrganiGram Holdings' value that differs from its market value or its book value, called intrinsic value, which is OrganiGram Holdings' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because OrganiGram Holdings' market value can be influenced by many factors that don't directly affect OrganiGram Holdings' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between OrganiGram Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if OrganiGram Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, OrganiGram Holdings' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.