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Organigram (OGI) Catches Eye: Stock Jumps 8.6%

Zacks Equity Research

Organigram Holdings Inc. OGI was a big mover last session, as the company saw its shares rise nearly 9% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This stock, which remained volatile and traded within the range of $2.72–$4.22 in the past one-month time frame, witnessed a sharp increase yesterday.

The company has not seen any estimate revision in the past month, while the Zacks Consensus Estimate has moved lower over the same time frame, suggesting there may be trouble down the road. So, make sure to keep an eye on this stock going forward, to see if this recent move higher can last.

Organigram currently has a Zacks Rank #2 (Buy) while its Earnings ESP is 0.00%.

Organigram Holdings Inc. Price

Organigram Holdings Inc. Price
Organigram Holdings Inc. Price

Organigram Holdings Inc. price | Organigram Holdings Inc. Quote

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Surmodics, Inc. (SRDX) : Free Stock Analysis Report
 
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To read this article on Zacks.com click here.
 
Zacks Investment Research