Ocugen Inc (NASDAQ:OCGN) currently has a daily average trading volume of 4.35M but it saw 4564145 shares traded in last market. With a market cap of 350.44M USD, the company’s current market price of $1.20 came rising about 3.45 while comparing to the previous closing price of $1.16. In past 52 weeks, the stock remained buoying in the range of price level as high as $1.98 and as low as $0.51. In the recent trading on the day, stock has struck highest price mark of $1.13 while lowest mark touched by it was $1.23.
The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the Maxim Group which initiated the stock as “Buy” in its note to investors issued on October 15, 2024, recommending a price target of $4 for it. Chardan Capital Markets upgraded its recommendation for the stock as a “Buy” from “Neutral” on March 01, 2023 while assigning a price target of $3.50. Mizuho also issued its recommendations for the stock as it initiated the price target for the stock is $5.
Over the week, OCGN’s stock price is moving 25.93% up while it is 70.82% when we observe its performance for the past one month. Year-to-date it is 49.07% up and over the past year, the stock is showing a downside performance of -22.58%.
Currently, Ocugen Inc’s total number of outstanding shares is 292.03M with 1.60% of that held by the insiders while 26.48% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -111.69% and return on equity (ROE) at -248.97%. Stock’s beta reads 4.24. Stock has a price to book (P/B) ratio of 22.02 while price to sale or P/S ratio amounts to 77.53. Its return on asset (ROA) is -98.89% on average.
