Organon & Co. (NYSE: OGN) kicked off on Friday, up 0.11% from the previous trading day, before settling in for the closing price of $17.98. Over the past 52 weeks, OGN has traded in a range of $10.84-$23.10.
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Annual sales at Healthcare sector company slipped by -7.62% over the past five years. While this was happening, its average annual earnings per share was recorded 5.22%. With a float of $256.91 million, this company’s outstanding shares have now reached $257.47 million.
Let’s look at the performance matrix of the company that is accounted for 10000 employees. In terms of profitability, gross margin is 58.59%, operating margin of 17.53%, and the pretax margin is 10.32%.
Organon & Co. (OGN) Insider and Institutional Ownership
Our next focus will be how large-scale investors are participating in this stock of the Drug Manufacturers – General Industry. The insider ownership of Organon & Co. is 0.22%, while institutional ownership is 80.54%. The most recent insider transaction that took place on Feb 22 ’24, was worth 49,939. In this transaction Gen. Counsel & Corp. Secy. of this company bought 2,720 shares at a rate of $18.36, taking the stock ownership to the 15,181 shares.
Organon & Co. (OGN) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around 5.22% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 5.49% during the next five years compared to -14.04% drop over the previous five years of trading.
Organon & Co. (NYSE: OGN) Trading Performance Indicators
Take a look at Organon & Co.’s (OGN) current performance indicators. Last quarter, stock had a quick ratio of 1.17. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.73. Likewise, its price to free cash flow for the trailing twelve months is 5.43.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 3.89, a number that is poised to hit 0.97 in the next quarter and is forecasted to reach 4.54 in one year’s time.
Technical Analysis of Organon & Co. (OGN)
Organon & Co. (NYSE: OGN) saw its 5-day average volume 2.1 million, a negative change from its year-to-date volume of 2.18 million. As of the previous 9 days, the stock’s Stochastic %D was 15.88%. Additionally, its Average True Range was 0.47.
During the past 100 days, Organon & Co.’s (OGN) raw stochastic average was set at 5.20%, which indicates a significant decrease from 13.27% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 15.22% in the past 14 days, which was lower than the 32.44% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $20.12, while its 200-day Moving Average is $19.16. Nevertheless, the first resistance level for the watch stands at $18.15 in the near term. At $18.29, the stock is likely to face the second major resistance level. The third major resistance level sits at $18.43. If the price goes on to break the first support level at $17.87, it is likely to go to the next support level at $17.73. The third support level lies at $17.59 if the price breaches the second support level.
Organon & Co. (NYSE: OGN) Key Stats
The company with the Market Capitalisation of 4.63 billion has total of 257,171K Shares Outstanding. Its annual sales at the moment are 6,263 M in contrast with the sum of 1,023 M annual income. Company’s last quarter sales were recorded 1,607 M and last quarter income was 195,000 K.
