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The price of Ocugen Inc (NASDAQ: OCGN) closed at $1.95 in the last session, up 2.09% from day before closing price of $1.91. In other words, the price has increased by $2.09 from its previous closing price. On the day, 4.7 million shares were traded. OCGN stock price reached its highest trading level at $1.979 during the session, while it also had its lowest trading level at $1.89.
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 1.87 and its Current Ratio is at 1.87. In the meantime, Its Debt-to-Equity ratio is 0.23 whereas as Long-Term Debt/Eq ratio is at 0.16.
On August 23, 2022, Mizuho started tracking the stock assigning a Buy rating and target price of $5.
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 501840320 and an Enterprise Value of 482247776. For the stock, the TTM Price-to-Sale (P/S) ratio is 207.37 while its Price-to-Book (P/B) ratio in mrq is 16.58. Its current Enterprise Value per Revenue stands at 72.99 whereas that against EBITDA is -8.173.
Stock Price History:
The Beta on a monthly basis for OCGN is 3.66, which has changed by 2.2445924 over the last 52 weeks, in comparison to a change of 0.24125004 over the same period for the S&P500. 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 19.39%, while the 200-Day Moving Average is calculated to be 101.76%.
Shares Statistics:
According to the various share statistics, OCGN traded on average about 6.62M shares per day over the past 3-months and 5050530 shares per day over the past 10 days. A total of 256.57M shares are outstanding, with a floating share count of 253.04M. Insiders hold about 1.68% of the company’s shares, while institutions hold 12.79% stake in the company. Shares short for OCGN as of 1719532800 were 53124653 with a Short Ratio of 8.02, compared to 1717113600 on 48312128. Therefore, it implies a Short% of Shares Outstanding of 53124653 and a Short% of Float of 21.040001999999998.
