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As of close of business last night, Ocugen Inc’s stock clocked out at $1.24, down -5.34% from its previous closing price of $1.31. In other words, the price has decreased by -$5.34 from its previous closing price. On the day, 3.94 million shares were traded. OCGN stock price reached its highest trading level at $1.31 during the session, while it also had its lowest trading level at $1.22.
Ratios:
To gain a deeper understanding of OCGN’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.04 and its Current Ratio is at 1.04. In the meantime, Its Debt-to-Equity ratio is 0.41 whereas as Long-Term Debt/Eq ratio is at 0.30.
On August 23, 2022, Mizuho started tracking the stock assigning a Buy rating and target price of $5.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Aug 16 ’24 when RAMESH KUMAR bought 116,705 shares for $1.25 per share.
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 356943904 and an Enterprise Value of 368261664. For the stock, the TTM Price-to-Sale (P/S) ratio is 100.27 while its Price-to-Book (P/B) ratio in mrq is 18.86. Its current Enterprise Value per Revenue stands at 50.704 whereas that against EBITDA is -7.291.
Stock Price History:
Over the past 52 weeks, OCGN has reached a high of $2.11, while it has fallen to a 52-week low of $0.34. The 50-Day Moving Average of the stock is -18.31%, while the 200-Day Moving Average is calculated to be 14.00%.
Shares Statistics:
It appears that OCGN traded 5.84M shares on average per day over the past three months and 4332650 shares per day over the past ten days. A total of 287.86M shares are outstanding, with a floating share count of 283.03M. Insiders hold about 1.68% of the company’s shares, while institutions hold 23.53% stake in the company. Shares short for OCGN as of 1722384000 were 64030898 with a Short Ratio of 10.97, compared to 1719532800 on 53124653. Therefore, it implies a Short% of Shares Outstanding of 64030898 and a Short% of Float of 25.35.
