FY2019 Earnings Estimate for ORGANIGRAM-TS Issued By Oppenheimer (TSE:OGI)

Posted by on Nov 14th, 2019

ORGANIGRAM-TS (TSE:OGI) – Research analysts at Oppenheimer cut their FY2019 earnings per share (EPS) estimates for shares of ORGANIGRAM-TS in a research report issued on Tuesday, November 12th. Oppenheimer analyst R. Parikh now forecasts that the company will post earnings of $0.05 per share for the year, down from their previous forecast of $0.10.

Separately, Cantor Fitzgerald reaffirmed an “overweight” rating on shares of ORGANIGRAM-TS in a report on Tuesday, November 5th.

OGI stock opened at C$3.33 on Wednesday. ORGANIGRAM-TS has a fifty-two week low of C$3.23 and a fifty-two week high of C$11.30. The company has a debt-to-equity ratio of 14.71, a quick ratio of 4.14 and a current ratio of 9.06.

ORGANIGRAM-TS Company Profile

OrganiGram Holdings Inc, through its subsidiaries, produces and sells dried cannabis and cannabis oil in Canada. It also offers wholesale shipping of cannabis plant cuttings, dried flowers, blends, pre-rolls, and cannabis oils to retailers and wholesalers. The company also exports its products. It sells its products online, as well as through phone orders.

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Earnings History and Estimates for ORGANIGRAM-TS (TSE:OGI)

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