After Hours
The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. After-hours trades for OrganiGram Holdings Inc. (OGI) shows that investor sentiment remained broken, with the stock’s consolidated last price falling by -$0.02, or -1.49%, to $1.32. The OrganiGram Holdings Inc. has recorded 41,594 volume in the after hours trading session. The stock was recently discussed on Yahoo Finance as it revealed that Organigram Announces C$124.6 Million Investment from BAT and Creation of “Jupiter” Strategic Investment Pool.
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Stocks Info
OrganiGram Holdings Inc. is listed on the NASDAQ as a member of the Healthcare sector and is a part of the Drug Manufacturers – Specialty & Generic industry. At the end of the last regular session, the stock closed at $1.34 and fluctuated between $1.4000 as its day high and $1.3150 as its day low. The current market capitalization of OrganiGram Holdings Inc. is $107.87M. A total of 2.51 million shares were traded on the day, compared to an average of 1.12M shares.
Additionally, investors take into account insider trades when predicting how a stock will perform. During the recent three months, OGI has seen 0 BUY and 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 1 BUYs and 0 SELLs from insiders. Insiders purchased 6,000 shares during that period but sold 0.
Though price targets are rarely accurate, they can exert some influence from time to time and were often accepted as valuable by the market. According to analysts who have offered 12-month price targets for OGI in the last 3 months, the mean price target is $2.86 with high estimates of $4.75 and low estimates of $1.52. In terms of 52-week highs and lows, OGI has a high of $5.08 and a low of $0.97.
As of this writing, OGI has an earnings estimate of -$0.1 per share for the current quarter. EPS was calculated based on a consensus of 3 estimates, with a high estimate of -$0.08 per share and a lower estimate of -$0.12. The company reported an EPS of -$0.07 in the last quarter, which was -16.70% lower than expectations of -$0.06.
Balance Sheet Annually/Quarterly
A balance sheet is a report that shows the company’s assets and liabilities. In addition, it shows how much equity investors have invested in the company. Investors can determine the company’s prospects by calculating its financial ratios based on this information. OGI’s latest balance sheet shows that the firm has $183.84M in Cash & Short Term Investments as of fiscal 2021. There were $4.96M in debt and $26.27M in liabilities at the time. Its Book Value Per Share was $2.76, while its Total Shareholder’s Equity was $479.81M.
Analysts Opinion
It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for OGI is Buy with a score of 4.33.