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home / news releases / organigram has declined a lot and is a great deal

OGI - Organigram Has Declined A Lot And Is A Great Deal

Organigram Holdings Inc.

2024-06-23 08:49:55 ET

Summary

  • Organigram stock has declined substantially, still up 16.4% in 2024, but well below its recent public offering price.
  • Q2 report showed revenue fell 5% to C$37.6 million, with adjusted EBITDA at -C$1 million.
  • Stock valuation is cheap at 0.8X tangible book value, potential for significant gains if analyst outlook improves.

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For further details see:

Organigram Has Declined A Lot And Is A Great Deal
Stock Information
Company Name: Organigram Holdings Inc.
Stock Symbol: OGI
Market: NYSE
Website: organigram.ca
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