OGI Stock Summary and Trading Ideas (Organigram Holdings - Common Shares | NASDAQ:OGI)

OrganiGram Holdings Inc is engaged in producing indoor-grown cannabis for patients and adult recreational consumers in Canada. The company has also developed a portfolio of adult-use recreational cannabis brands including Edison, Big Bag o' Buds brands, SHRED, Monjour, Holy Mountain, and Trailblazer. Tremblant Cannabis, and artisanal craft brand, Laurentian are recent additions to Organigram's existing brand portfolio.

Organigram Holdings - Common Shares trades on the NASDAQ stock market under the symbol OGI.

As of February 28, 2025, OGI stock price climbed to $1.15 with 856,835 million shares trading.

OGI has a market cap of $145.08 million. This is considered a Micro Cap stock.

Last quarter Organigram Holdings - Common Shares reported $31 million in Revenue and -$.14 earnings per share. This fell short of revenue expectation by $-4 million and missed earnings estimates by -$.11.

In the last 3 years, OGI traded as high as $7.48 and as low as $.97.

The top ETF exchange traded funds that OGI belongs to (by Net Assets): YOLO, DFIS, DFIC, DFAX.

OGI has underperformed the market in the last year with a price return of -43.9% while the SPY ETF gained +18.8%. OGI has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -23.3% and -9.4%, respectively, while the SPY returned -0.4% and -2.5%, respectively.

OGI support price is $1.09 and resistance is $1.19 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that OGI shares will trade within this expected range on the day.