In the pursuit of market outperformance, investors navigate the landscape of stock selection. The right picks can play a pivotal role in enhancing your wealth.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The closing price of Ocugen Inc (NASDAQ: OCGN) was $0.99 for the day, up 3.85% from the previous closing price of $0.95. In other words, the price has increased by $3.85 from its previous closing price. On the day, 2.18 million shares were traded. OCGN stock price reached its highest trading level at $1.01 during the session, while it also had its lowest trading level at $0.9354.
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 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:
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 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 283540128 and an Enterprise Value of 274707904. For the stock, the TTM Price-to-Sale (P/S) ratio is 79.65 while its Price-to-Book (P/B) ratio in mrq is 14.98. Its current Enterprise Value per Revenue stands at 37.823 whereas that against EBITDA is -5.439.
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 -15.08%, while the 200-Day Moving Average is calculated to be -20.39%.
Shares Statistics:
OCGN traded an average of 4.22M shares per day over the past three months and 2773340 shares per day over the past ten days. A total of 287.86M shares are outstanding, with a floating share count of 283.71M. Insiders hold about 1.44% of the company’s shares, while institutions hold 23.55% stake in the company. Shares short for OCGN as of 1727654400 were 50619903 with a Short Ratio of 11.99, compared to 1724976000 on 51229713. Therefore, it implies a Short% of Shares Outstanding of 50619903 and a Short% of Float of 17.889999.
