InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
AI Subscribe Login/Register account icon
S&P 500
5,591.96
(
0.00%
)
US TECH 100
18,968.80
(
0.76%
)
Dow Jones
41,335.05
(
0.59%
)
Brent Oil
78.77
(
0.01%
)
Bitcoin
59,595.90
(
0.34%
)
Post# of 11332
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Keep Next 10 Report Keyboard Shortcuts
Next 10 Prev Next

Chili Verde

Send PM Follow Ignore
Followers 2
Posts 321
Boards Moderated 0
Alias Born 10/09/2017

Chili Verde

Re: None

Wednesday, 04/14/2021 9:56:31 AM

Wednesday, April 14, 2021 9:56:31 AM

Post# of 11332
Ongoing profitability a question mark at Organigram

CIBC analyst John Zamparo doesn't see Organigram Holdings (NASDAQ:OGI) returning to positive EBIDTA soon, leading him to cut shares to underperformer and reducing his price target to C$3.25 from C$5.
He says the COVID-19 pandemic will continue to impact its domestic market share while also impacting higher-margin international sales.
Zamparo adds that gross margins will remained depressed through the rest of fiscal 2021 and won't surpass 20% until Q1 fiscal 2022.

https://seekingalpha.com/news/3681677-organigram-cut-on-profitability-concerns-novocure-downgraded-despite-positive-news-and-more-in-todays-analyst-action
Public Reply Private Reply New Post
Keep Last Read
Keep Last Read Next 10 Report Keyboard Shortcuts
Next 10 Prev Next
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Detailed Quote
Recent OGI News
More OGI News
InvestorsHub NewsWire

Element79 Gold Corp Appoints Warren Levy to Board of Directors • ELMGF • Aug 28, 2024 9:51 AM

Integrated Ventures Announces Strategic Entry Into Health & Wellness Industry with Focus on GLP-1 Products • INTV • Aug 28, 2024 8:30 AM

ELEMENT79 ANNOUNCES UPLISTING TO OTCQB VENTURE MARKET • ELMGF • Aug 26, 2024 10:03 AM

North Bay Resources Announces Gold Assays up to 2.2 Ounces per Ton, Fran Gold Project, British Columbia • NBRI • Aug 26, 2024 10:00 AM

PickleJar Unveils Latest Venue Managed Services Innovations in Upcoming Webinar • PKLE • Aug 23, 2024 1:11 PM

Element79 Gold Corp Provides Update on Nevada Portfolio • ELMGF • Aug 23, 2024 8:00 AM

Start posting your company's news
Only $200 per official company press release!