Organigram (TSE:OGI) Hits New 1-Year Low – Time to Sell?

Organigram Holdings Inc. (TSE:OGIGet Free Report) hit a new 52-week low during mid-day trading on Wednesday . The stock traded as low as C$1.35 and last traded at C$1.35, with a volume of 122509 shares changing hands. The stock had previously closed at C$1.36.

Organigram Price Performance

The stock has a fifty day moving average price of C$1.67 and a 200-day moving average price of C$1.96. The firm has a market capitalization of C$190.05 million, a PE ratio of -6.31, a P/E/G ratio of 0.42 and a beta of 1.45. The company has a debt-to-equity ratio of 2.20, a quick ratio of 2.62 and a current ratio of 2.82.

Organigram Company Profile

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Organigram Inc is a Canadian licensed producer of cannabis products. Organigram focuses on producing exceptional, indoor-grown cannabis for patients and adult recreational consumers, as well as developing global business partnerships.

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