Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
The closing price of Ocugen Inc (NASDAQ: OCGN) was $0.98 for the day, down -4.46% from the previous closing price of $1.03. In other words, the price has decreased by -$4.46 from its previous closing price. On the day, 48.24 million shares were traded. OCGN stock price reached its highest trading level at $1.09 during the session, while it also had its lowest trading level at $0.9841.
Ratios:
Our analysis of OCGN’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 2.60 and its Current Ratio is at 2.60. In the meantime, Its Debt-to-Equity ratio is 2.00 whereas as Long-Term Debt/Eq ratio is at 1.95.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Maxim Group on October 15, 2024, initiated with a Buy rating and assigned the stock a target price of $4.
On March 01, 2023, Chardan Capital Markets Upgraded its rating to Buy which previously was Neutral but kept the price unchanged to $3.50.
On August 23, 2022, Mizuho started tracking the stock assigning a Buy rating and target price of $5.Mizuho initiated its Buy rating on August 23, 2022, with a $5 target price.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Jun 11 ’25 when PRABHAVATHI FERNANDES bought 146,705 shares for $1.17 per share.
Fernandes Prabhavathi bought 10,000 shares of OCGN for $9,095 on Nov 26 ’24. The Director now owns 10,000 shares after completing the transaction at $0.91 per share. On Nov 22 ’24, another insider, Castillo Kirsten, who serves as the Director of the company, bought 25,000 shares for $0.91 each. As a result, the insider paid 22,848 and bolstered with 75,000 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, OCGN now has a Market Capitalization of 287387712 and an Enterprise Value of 281411008. For the stock, the TTM Price-to-Sale (P/S) ratio is 63.58 while its Price-to-Book (P/B) ratio in mrq is 18.06. Its current Enterprise Value per Revenue stands at 62.232 whereas that against EBITDA is -5.178.
Stock Price History:
The Beta on a monthly basis for OCGN is 4.22, which has changed by -0.3944615 over the last 52 weeks, in comparison to a change of 0.12748289 over the same period for the S&P500. Over the past 52 weeks, OCGN has reached a high of $1.98, while it has fallen to a 52-week low of $0.51. The 50-Day Moving Average of the stock is 14.02%, while the 200-Day Moving Average is calculated to be 17.77%.
Shares Statistics:
OCGN traded an average of 4.81M shares per day over the past three months and 10795830 shares per day over the past ten days. A total of 292.03M shares are outstanding, with a floating share count of 286.77M. Insiders hold about 1.80% of the company’s shares, while institutions hold 26.40% stake in the company. Shares short for OCGN as of 1749772800 were 65193477 with a Short Ratio of 13.57, compared to 1747267200 on 69595032. Therefore, it implies a Short% of Shares Outstanding of 65193477 and a Short% of Float of 22.690001000000002.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
