Organon & Co (NYSE:OGN) currently has a daily average trading volume of 5.09M but it saw 9069086 shares traded in last market. With a market cap of 2.28B USD, the company’s current market price of $8.76 came falling about -4.05 while comparing to the previous closing price of $9.13. In past 52 weeks, the stock remained buoying in the range of price level as high as $23.10 and as low as $8.05.
Taking a look at 20-day trading activity of Organon & Co (OGN) gives us an average price of $11.08, while its current price level is -62.08% below from 52-week high level whereas it is 8.82% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $13.29 while that of 200 days or SMA-200 reads an average of $16.53. A closer look into the stock’s movement over the week reveals that its volatility is standing at 11.07% during that period while stretching the period over a month that decreases to 7.41%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 31.37 which implies that the stock is in neutral territory.
JP Morgan downgraded its recommendation for the stock as a “Underweight” from “Neutral” on September 06, 2024 while assigning a price target range of $18-$20. Goldman also issued its recommendations for the stock as it downgraded the price target for the stock in the range of between $33 and $16.
Over the week, OGN’s stock price is moving -32.25% down while it is -30.03% when we observe its performance for the past one month. Year-to-date it is -41.29% down and over the past year, the stock is showing a downside performance of -55.33%.
Currently, Organon & Co’s total number of outstanding shares is 259.96M. Company’s return on investment (ROI) stands at 7.91% and return on equity (ROE) at 254.24%. It has a price to earnings ratio (P/E ratio) of 3.03 while having a 2.19 of forward P/E ratio. Stock’s beta reads 0.70. Stock has a price to book (P/B) ratio of 4.17 while price to sale or P/S ratio amounts to 0.36. Its return on asset (ROA) is 5.99% on average.
