Ocugen Inc (NASDAQ: OCGN) kicked off on Monday, up 5.43% from the previous trading day, before settling in for the closing price of $0.60. Over the past 52 weeks, OCGN has traded in a range of $0.51-$2.11.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
During the last 5-year period, the sales growth of Healthcare Sector giant was 1.96%. 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 determine the extent of company efficiency that accounts 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 Activity
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 24.68%. 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) Earnings and Forecasts
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 45.96.
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)
Looking closely at Ocugen Inc (NASDAQ: OCGN), its last 5-days average volume was 4.06 million, which is a drop from its year-to-date volume of 4.07 million. As of the previous 9 days, the stock’s Stochastic %D was 86.90%. Additionally, its Average True Range was 0.05.
During the past 100 days, Ocugen Inc’s (OCGN) raw stochastic average was set at 19.90%, which indicates a significant decrease from 70.92% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 96.66% in the past 14 days, which was higher than the 74.41% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $0.6682, while its 200-day Moving Average is $1.0447. However, in the short run, Ocugen Inc’s stock first resistance to watch stands at $0.6502. Second resistance stands at $0.6630. The third major resistance level sits at $0.6831. If the price goes on to break the first support level at $0.6173, it is likely to go to the next support level at $0.5972. Should the price break the second support level, the third support level stands at $0.5844.
Ocugen Inc (NASDAQ: OCGN) Key Stats
The company with the Market Capitalisation of 186.13 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.
