For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.
After finishing at $0.93 in the prior trading day, Ocugen Inc (NASDAQ: OCGN) closed at $0.96, up 3.30%. In other words, the price has increased by $3.30 from its previous closing price. On the day, 3.28 million shares were traded. OCGN stock price reached its highest trading level at $0.966 during the session, while it also had its lowest trading level at $0.93.
Ratios:
Our goal is to gain a better understanding of OCGN by taking a closer look at its different ratios. 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:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. 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 279473664 and an Enterprise Value of 277410176. For the stock, the TTM Price-to-Sale (P/S) ratio is 61.83 while its Price-to-Book (P/B) ratio in mrq is 17.56. Its current Enterprise Value per Revenue stands at 61.347 whereas that against EBITDA is -5.105.
Stock Price History:
The Beta on a monthly basis for OCGN is 3.87, which has changed by -0.45157593 over the last 52 weeks, in comparison to a change of 0.12677538 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 8.18%, while the 200-Day Moving Average is calculated to be 15.29%.
Shares Statistics:
The stock has traded on average 5.61M shares per day over the past 3-months and 10756530 shares per day over the last 10 days, according to various share statistics. 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 26.26% stake in the company. Shares short for OCGN as of 1749772800 were 65193477 with a Short Ratio of 11.63, 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
Earnings Estimates
Its stock is currently analyzed by 3.0 different market analysts. The consensus estimate for the next quarter is -$0.06, with high estimates of -$0.05 and low estimates of -$0.07.
Analysts are recommending an EPS of between -$0.21 and -$0.25 for the fiscal current year, implying an average EPS of -$0.23. EPS for the following year is -$0.25, with 2.0 analysts recommending between -$0.22 and -$0.27.
Revenue Estimates
A total of 4 analysts have provided revenue estimates for OCGN’s current fiscal year. The highest revenue estimate was $5.6M, while the lowest revenue estimate was $1.48M, resulting in an average revenue estimate of $2.52M. In the same quarter a year ago, actual revenue was $4.05M
