Closing Bell: Organigram Holdings Inc up on Monday (OGI)

Organigram Holdings Inc opened trading today at $2.96 and closed at $2.99. prices ranged from $2.87 to $3.08.

The price boosted 3.82% from the previous day's close of $2.88.

Today across North America, the TSX Composite closed 0.96% at 22264.38, the S&P 500 closed 1.11% at 5204.34, the Dow Jones Industrial Average closed 0.80% at 38904.04 and the Nasdaq Composite closed 1.24% at 16248.52.

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

Trading volume was 700,785 on 1,794 total trades, with an average volume of 1,054,930 over 5 days.

The TSX market on the whole today saw 3,142 price advancers against 2,094 declines and 118 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 decreased -8.84% in 52 weeks, while this year, they have boosted 73.84%.

Following today's trading, Organigram Holdings Inc has a market capitalization of $296.64 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.

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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..