OGI is free of any significant debt after repaying our entire term loan balance of 58.5 million!
The company currently has 220 million in cash and short-term investments!
The Market Cap is only 880.85M!
Q3 results:
- Gross revenue grew 51% from Q2 2021 to 31% from the same period in fiscal 2020 to 29.1 million.
- Net revenue grew 39% from Q2 and 13% from the...
OrganiGram Holdings, Inc. engages in the production and sale of medical marijuana. Its products include strains, cannabis oils, and vaporizers.
The annalists give a Consensus Price Target of $4.35.
The company has a 247.024M MARKET CAP with 7M debt.
Debt-to-Equity Ratio 0.25
Current Ratio 5.15
Quick Ratio 1.96
Looking at the volume, it`s just a matter of short...
OGI is one of the most undervalued stocks in the market and the best value Cannabis stock now that ACB has popped.
Anytime is good to buy before Q2 Earnings but it'll likely approach $1 again and then pop on earnings. Probably to similar degree as we just saw with ACB.
Hello Traders!
Today’s chart update will be on OGI where bulls are promptly trying to change the bearish structure; key levels must break for a trend change to come to fruition.
Points to consider,
- Trend structure changing
- Local support being held
- Structural resistance to break
- Stochastics in neutral territory
- RSI diverging from price
- Volume...
