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The price of Ocugen Inc (NASDAQ: OCGN) closed at $1.01 in the last session, up 6.60% from day before closing price of $0.95. In other words, the price has increased by $6.60 from its previous closing price. On the day, 3.19 million shares were traded. OCGN stock price reached its highest trading level at $1.03 during the session, while it also had its lowest trading level at $0.9601.
Ratios:
We take a closer look at OCGN’s different ratios to gain a better understanding of the stock. 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:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of 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 290736576 and an Enterprise Value of 281904352. For the stock, the TTM Price-to-Sale (P/S) ratio is 81.67 while its Price-to-Book (P/B) ratio in mrq is 15.36. Its current Enterprise Value per Revenue stands at 38.814 whereas that against EBITDA is -5.581.
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 -17.32%, while the 200-Day Moving Average is calculated to be -17.26%.
Shares Statistics:
According to the various share statistics, OCGN traded on average about 4.44M shares per day over the past 3-months and 4093840 shares per day over the past 10 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 1726185600 were 50901819 with a Short Ratio of 11.46, compared to 1723680000 on 51272476. Therefore, it implies a Short% of Shares Outstanding of 50901819 and a Short% of Float of 17.989999.
