With 2.36 million shares changed hands, the volume of the stock remained lighter than its average volume of 2.49 million shares. The 52-week range on ORGO shows that it touched its highest point at $6.71 and its lowest point at $2.28 during that stretch. It currently has a 1-year price target of $6.25. Beta for the stock currently stands at 1.70.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of ORGO was down-trending over the past week, with a drop of -39.42%, but this was down by -26.06% over a month. Three-month performance dropped to -12.74% while six-month performance fell -3.37%. The stock gained 38.16% in the past year, while it has lost -1.56% so far this year. A look at the trailing 12-month EPS for ORGO yields -0.15 with Next year EPS estimates of 0.15. For the next quarter, that number is -0.04. This implies an EPS growth rate of 650.00% for this year and 172.73% for next year.
Float and Shares Shorts:
At present, 126.85 million ORGO shares are outstanding with a float of 64.40 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for ORGO since 3 analysts follow the stock currently. There are 3 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of -$0.06285686 being high and -$0.08380914 being low. For ORGO, this leads to a yearly average estimate of -$0.073333. Based on analyst estimates, the high estimate for the next quarter is $0.14 and the low estimate is $0.14. The average estimate for the next quarter is thus $0.14.
