Organogenesis Holdings Inc (NASDAQ:ORGO) major shareholder Michael W. Katz acquired 3,603 shares of the firm’s stock in a transaction on Friday, September 13th. The shares were bought at an average cost of $6.00 per share, with a total value of $21,618.00. Large shareholders that own more than 10% of a company’s shares are required to disclose their transactions with the SEC.
Organogenesis stock opened at $5.85 on Friday. Organogenesis Holdings Inc has a 12 month low of $3.56 and a 12 month high of $310.90. The company has a current ratio of 1.51, a quick ratio of 1.14 and a debt-to-equity ratio of 3.78. The firm has a 50 day moving average price of $4.70.
Organogenesis (NASDAQ:ORGO) last posted its quarterly earnings data on Friday, August 9th. The company reported ($0.11) EPS for the quarter, beating the consensus estimate of ($0.13) by $0.02. The firm had revenue of $64.95 million during the quarter, compared to analysts’ expectations of $61.00 million. On average, analysts predict that Organogenesis Holdings Inc will post -0.5 earnings per share for the current year.
A number of analysts have commented on the company. Credit Suisse Group assumed coverage on Organogenesis in a report on Monday, August 26th. They set an “outperform” rating for the company. Zacks Investment Research lowered Organogenesis from a “hold” rating to a “sell” rating in a report on Friday. Finally, BTIG Research set a $12.00 price objective on Organogenesis and gave the stock a “buy” rating in a report on Friday, August 9th. One research analyst has rated the stock with a sell rating and five have issued a buy rating to the company. Organogenesis currently has an average rating of “Buy” and an average price target of $10.80.
Organogenesis Company Profile
Organogenesis Holdings Inc, a regenerative medicine company, focuses on the development, manufacture, and commercialization of solutions for the advanced wound care, and surgical and sports medicine markets primarily in the United States. The company's advanced wound care products include Apligraf for the treatment of venous leg ulcers and diabetic foot ulcers (DFUs); Dermagraft for treating DFUs; PuraPly AM to address biofilm across a range of wound types; and Affinity and NuShield to address various wound sizes and types.
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