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Orgenesis Director Ashish Nanda Resigns

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Orgenesis Director Ashish Nanda Resigns

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Orgenesis ( (ORGS) ) has provided an update.

On August 21, Ashish Nanda resigned as a director of Orgenesis Inc., effective immediately. His resignation was not due to any disagreements with the company’s operations or management, and the company expressed gratitude for his contributions.

Spark’s Take on ORGS Stock

According to Spark, TipRanks’ AI Analyst, ORGS is a Underperform.

Orgenesis faces substantial financial challenges, with negative revenue and cash flow issues indicating significant instability. Despite negative technical indicators, recent corporate governance improvements may provide a slight strategic advantage. However, these factors are overshadowed by the company’s overarching financial distress, resulting in a low overall stock score.

To see Spark’s full report on ORGS stock, click here.

More about Orgenesis

Average Trading Volume: 3,530

Technical Sentiment Signal: Sell

Current Market Cap: $516.9K

For an in-depth examination of ORGS stock, go to TipRanks’ Overview page.

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