Organigram: Why I Still Like It [Seeking Alpha]
Organigram Holdings Inc. - Common Shares (OGI)
Last organigram holdings inc. - common shares earnings: 1/14 04:00 pm
Check Earnings Report
Company Research
Source: Seeking Alpha
Follow Play 12min Summary Organigram's stock has surged 22% since my last analysis, outperforming the cannabis market, yet it remains a buy due to its promising chart and valuation. The fiscal Q3 report exceeded expectations with revenue up 25% and adjusted EBITDA turning positive, highlighting significant financial improvement and strong cash reserves. Analysts have raised their projections for FY25 and FY26, expecting higher revenue and adjusted EBITDA, reinforcing the stock's attractive valuation and growth potential. Potential catalysts include favorable tax changes in Canada, global cannabis market expansion, and a possible buyout by British American Tobacco, making Organigram a compelling investment. Looking for a helping hand in the market? Members of 420 Investor get exclusive ideas and guidance to navigate any climate. Learn More » Darren415 I last wrote about Organigram ( NASDAQ: OGI ) here almost three months ago, calling it a great deal . The stock has
Show less
Read more
Impact Snapshot
Event Time:
OGI
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
OGI alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
OGI alerts
High impacting Organigram Holdings Inc. - Common Shares news events
Weekly update
A roundup of the hottest topics
OGI
Sec Filings
- 9/3/24 - Form SC
- 9/3/24 - Form 6-K
- OGI's page on the SEC website