With 1.01 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.51 million shares. The 52-week range on OGI shows that it touched its highest point at $2.08 and its lowest point at $0.85 during that stretch. It currently has a 1-year price target of $2.00. Beta for the stock currently stands at 1.38.
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 OGI was up-trending over the past week, with a rise of 9.70%, but this was up by 14.84% over a month. Three-month performance surged to 44.12% while six-month performance fell -8.13%. The stock lost -6.96% in the past year, while it has lost -8.70% so far this year. A look at the trailing 12-month EPS for OGI yields 0.06 with Next year EPS estimates of -0.00. For the next quarter, that number is -0.01. This implies an EPS growth rate of 136.34% for this year and -100.50% for next year.
Float and Shares Shorts:
At present, 133.84 million OGI shares are outstanding with a float of 90.41 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 OGI since 2 analysts follow the stock currently. There are 2 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 -$0.39369 being high and -$0.46399 being low. For OGI, this leads to a yearly average estimate of -$0.42181.
