Shares of OrganiGram Holdings Inc (NASDAQ:OGI) were up 8.3% on Tuesday . The company traded as high as $7.46 and last traded at $7.43. Approximately 961,115 shares changed hands during trading, an increase of 3% from the average daily volume of 930,359 shares. The stock had previously closed at $6.86.

OGI has been the topic of a number of research analyst reports. Paradigm Capital initiated coverage on OrganiGram in a report on Wednesday, April 17th. They set a “buy” rating on the stock. Jefferies Financial Group cut OrganiGram from a “buy” rating to a “hold” rating in a report on Friday, May 3rd.

TRADEMARK VIOLATION NOTICE: This piece was first posted by Watch List News and is the sole property of of Watch List News. If you are reading this piece on another website, it was copied illegally and reposted in violation of United States & international trademark & copyright law. The original version of this piece can be accessed at https://www.watchlistnews.com/organigram-ogi-trading-up-8-3/3031557.html.

OrganiGram Company Profile (NASDAQ:OGI)

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.

Further Reading: Why are percentage decliners important?

Receive News & Ratings for OrganiGram Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for OrganiGram and related companies with MarketBeat.com's FREE daily email newsletter.