Ocugen Inc (NASDAQ: OCGN) kicked off on Monday, up 6.57% from the previous trading day, before settling in for the closing price of $0.54. Over the past 52 weeks, OCGN has traded in a range of $0.52-$2.11.
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Annual sales at Healthcare sector company grew by 1.96% over the past five years. While this was happening, its average annual earnings per share was recorded -23.75%. With a float of $286.75 million, this company’s outstanding shares have now reached $291.37 million.
Let’s look at the performance matrix of the company that is accounted for 95 employees. In terms of profitability, gross margin is -123.95%, operating margin of -1350.36%, and the pretax margin is -1333.02%.
Ocugen Inc (OCGN) Insider and Institutional Ownership
Our next focus will be how large-scale investors are participating in this stock of the Biotechnology Industry. The insider ownership of Ocugen Inc is 1.80%, while institutional ownership is 24.69%. The most recent insider transaction that took place on Nov 26 ’24, was worth 9,095. In this transaction Director of this company bought 10,000 shares at a rate of $0.91, taking the stock ownership to the 10,000 shares. Before that another transaction happened on Nov 22 ’24, when Company’s Director bought 25,000 for $0.91, making the entire transaction worth $22,848. This insider now owns 75,000 shares in total.
Ocugen Inc (OCGN) Latest Financial update
Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.06 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -23.75% per share during the next fiscal year.
Ocugen Inc (NASDAQ: OCGN) Trading Performance Indicators
Take a look at Ocugen Inc’s (OCGN) current performance indicators. Last quarter, stock had a quick ratio of 2.86. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 41.29.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.18, a number that is poised to hit -0.06 in the next quarter and is forecasted to reach -0.25 in one year’s time.
Technical Analysis of Ocugen Inc (OCGN)
Ocugen Inc (NASDAQ: OCGN) saw its 5-day average volume 2.85 million, a negative change from its year-to-date volume of 4.08 million. As of the previous 9 days, the stock’s Stochastic %D was 19.81%. Additionally, its Average True Range was 0.05.
During the past 100 days, Ocugen Inc’s (OCGN) raw stochastic average was set at 9.07%, which indicates a significant decrease from 32.59% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 85.66% in the past 14 days, which was higher than the 70.77% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $0.6985, while its 200-day Moving Average is $1.0725. Nevertheless, the first resistance level for the watch stands at $0.5899 in the near term. At $0.6072, the stock is likely to face the second major resistance level. The third major resistance level sits at $0.6295. If the price goes on to break the first support level at $0.5503, it is likely to go to the next support level at $0.5280. The third support level lies at $0.5107 if the price breaches the second support level.
Ocugen Inc (NASDAQ: OCGN) Key Stats
The company with the Market Capitalisation of 167.21 million has total of 292,014K Shares Outstanding. Its annual sales at the moment are 4,060 K in contrast with the sum of -54,050 K annual income. Company’s last quarter sales were recorded 760 K and last quarter income was -13,880 K.
