FY2019 Earnings Forecast for ORGANIGRAM-TS (TSE:OGI) Issued By Cantor Fitzgerald

ORGANIGRAM-TS (TSE:OGI) – Investment analysts at Cantor Fitzgerald cut their FY2019 earnings per share estimates for shares of ORGANIGRAM-TS in a research note issued on Wednesday, November 13th. Cantor Fitzgerald analyst P. Zuanic now expects that the company will post earnings of $0.06 per share for the year, down from their previous forecast of $0.09. Cantor Fitzgerald currently has a “Overweight” rating on the stock. Cantor Fitzgerald also issued estimates for ORGANIGRAM-TS’s FY2020 earnings at $0.01 EPS.

Shares of TSE OGI opened at C$3.04 on Friday. The company has a current ratio of 9.06, a quick ratio of 4.14 and a debt-to-equity ratio of 14.71. ORGANIGRAM-TS has a 12 month low of C$2.97 and a 12 month high of C$11.30.

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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