Organigram Global Inc (NASDAQ:OGI) shares, rose in value on Friday, June 20, with the stock price down by -2.27% to the previous day’s close as strong demand from buyers drove the stock to $1.29.
Actively observing the price movement in the last trading, the stock closed the session at $1.32, falling within a range of $1.28 and $1.3394. The value of beta (5-year monthly) was 1.861 whereas the PE ratio was 21.68 over 12-month period. Referring to stock’s 52-week performance, its high was $2.08, and the low was $0.85. On the whole, OGI has fluctuated by -4.44% over the past month.
With the market capitalization of Organigram Global Inc currently standing at about $172.71 million, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-May-12.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that OGI’s technical picture suggests that short-term indicators denote the stock is a Hold on average. However, medium-term indicators have put the stock in the category of Hold while long-term indicators on average have been pointing out that it is a 50% Sell.
The stock’s technical analysis shows that the price of OGI currently trading nearly -5.68% and 4.66% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 45.78, while the 7-day volatility ratio is showing 2.90% which for the 30-day chart, stands at 2.70%. Furthermore, Organigram Global Inc (OGI)’s beta value is 1.38, and its average true range (ATR) is 0.06.
A comparison of Organigram Global Inc (OGI) with its peers suggests the former has fared considerably weaker in the market. OGI showed an intraday change of -2.27% in last session, and over the past year, it shrunk by -14.57%%.
Data on historical trading for Organigram Global Inc (NASDAQ:OGI) indicates that the trading volumes over the past 10 days have averaged 0.62 and over the past 3 months, they’ve averaged 518.96K. According to company’s latest data on outstanding shares, there are 133.84 million shares outstanding.
Nearly 32.48% of Organigram Global Inc’s shares belong to company insiders and institutional investors own 5.79% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 6.14 million shares as on 2025-05-30, resulting in a short ratio of 10.4. The stock has fallen by -19.88% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the OGI stock heading into the next quarter.
