How to Buy Organigram Holdings Stock
Organigram Holdings Inc
Organigram Holdings Inc. , through its subsidiaries, produces and sells cannabis and cannabis-derived products in Canada.
Organigram Holdings stock last closed at $1.06, up 6% from the previous day, and has decreased 44.21% in one year. It has overperformed other stocks in the Drug Manufacturers - Specialty & Generic industry by 0.12 percentage points. Organigram Holdings stock is currently +24.71% from its 52-week low of $0.85, and -51.15% from its 52-week high of $2.17.
There are currently 126.16M OGI shares outstanding. The market value of OGI is $133.73M. In the last 24 hours, 440,996 OGI shares were traded.
How to Buy Organigram Holdings Stock
Wondering how to invest in Organigram Holdings stock? Here's how.
- Decide where to buy Organigram Holdings stock: You need to choose an online brokerage, but don't worry - we've researched dozens of stock brokerages and apps to help you figure out where to buy Organigram Holdings stock.
- Create a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
- Deposit money your investment account: Choose your method of payment and add your details.
- Research Organigram Holdings stock: The Organigram Holdings ticker symbol is OGI. Is Organigram Holdings stock a good investment? Should you buy shares of OGI? How do OGI's underlying business fundamentals look? Do top analysts think Organigram Holdings is a good buy? Why has OGI's stock price moved recently? (Hint: Our stock research website can help you understand if OGI is a good stock to buy).
- Place your OGI trade: Decide if you will purchase OGI shares at the current market price or use a limit order to purchase OGI shares at a given price.
- Get the latest news on your OGI investment: Create a watchlist to keep track of your investment in Organigram Holdings stock.
Step 1: Decide where to buy Organigram Holdings stock
You will need a brokerage account in order to access the NASDAQ market and buy OGI shares.
Our recommended brokerage: eToro
Based on our analysis, eToro is the best brokerage. eToro gives you:
- Invest in stocks with 0% commissions: Invest without commissions.
- Buy fractional shares: Even if you can't afford a full share, you can still purchase the stock.
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- Social investing: eToro boasts a community with more than 20 million users around the world. Talk to, learn from, and copy the unique crypto portfolios of top investors.
- Security: eToro is a regulated and licensed brokerage platform.
- Buy other assets: Such as ETFs and cryptos.
Get $10 towards your purchase of shares by opening an account with eToro now. This offer is only for US users.
Open eToro AccountStep 2: Create a brokerage account
Now that you've selected the right brokerage, you need to fill out some personal details so you can buy OGI stock today.
How to Open a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal data to start a new trading account.
- Submit your application by pressing the "Create Account" button. Get started with eToro today
Step 3: Deposit money your investment account
Now that you've opened your account on the best free stock trading app, you can securely and quickly fund your account:
Check out the video below if you need help transferring funds into your investment account.
Step 4: Research Organigram Holdings stock
Once you have chosen the best place to buy Organigram Holdings stock, it's critical to analyze their stock prior to buying, so you truly wrap your head around the risk as well as the opportunity.
Organigram Holdings Metrics
Organigram Holdings Due Diligence Checks
WallStreetZen was created to help part-time investors do more accurate fundamental analysis.
You can see all of the due diligence checks on OGI's stock page.
Is OGI stock properly valued?
Analysts use a variety of different financial metrics, analyses, models, and charts to gauge OGI's fair value.
Using relative valuations methods:
- OGI may be undervalued based on its P/B ratio of 0.59x, relative to Drug Manufacturers - Specialty & Generic industry P/B ratio of 2.03x
You can access more valuation analysis on OGI's stock here.
OGI Financial Health Overview
Passed Financial Due Diligence Checks:
- There are more short-term assets than long-term liabilities on the OGI balance sheet.
- OGI has $49.43M in cash and short term investments. This is sufficient to cover its annual cash burn of $8.73M.
- There are more short-term assets than short-term liabilities on the OGI balance sheet.
- OGI has cash burn of 8728472. It has enough cash and short-term investments to cover this for at least one year.
Failed Financial Due Diligence Checks:
- Total OGI debt is higher than 5 years ago, relative to shareholder equity.
- OGI profit margin has gone down from N/A to -31.7% in the past year.
- OGI has a relatively high debt to equity ratio of 0.48.
You can dive deeper into what analysts are projecting on the Organigram Holdings stock forecast page.
OGI Trading Indicators
OGI Earnings
Last year, OGI revenue was $115.36M. Over the last five year, OGI's revenue has gone up by 10.5% per year. This was faster than the Drug Manufacturers - Specialty & Generic industry average of 7.84%.
Dive into OGI's earnings and revenue performance here.
What are OGI insiders up to?
In the last 12 months, executives and large shareholders at OGI have not bought or sold any shares.
Dig into more about who owns OGI shares here.
Does OGI stock generate passive income?
No, Organigram Holdings doesn't provide an income stream by paying out dividends.
What others are saying about OGI
One of the major reasons eToro is our favorite brokerage is because of its social trading community.
Click below to see what other traders have to say.
Step 5: Place your OGI trade
There are two main order types:
- Market order: A market order is an order to buy or sell a security at the best available price.
Market orders are generally the best for newer investors. - Limit order: A limit order allows you to buy or sell a security at a specific price (or better).
If you want to be sure you're buying or selling at a particular price, place a limit order.
Hit the Open button and your broker will place your order.
If you want more assistance investing in stocks on eToro, watch the helpful video below:
Step 6: Get the latest news on your OGI investment
Now that you own some OGI shares, you'll want to stay up-to-date on your new stock purchase.
Put OGI on a watchlist to track the most important metrics related to your OGI stock.
OGI Feed
How to Buy Stock in Organigram Holdings
To summarize, here are the 6 steps for buying Organigram Holdings stock:
- Decide where to buy Organigram Holdings stock
- Create a brokerage account
- Deposit money your investment account
- Research Organigram Holdings stock
- Place your OGI trade
- Get the latest news on your OGI investment
If you need a online brokerage, eToro is our favorite venue.
Get Started with eToro TodayIf you want to keep an eye on your investment in Organigram Holdings, add OGI to your watchlist below.
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