Analyst Expects Ocugen Inc (NASDAQ: OCGN) To Make Big Moves

After Hours

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Earlier, Yahoo Finance discussed this stock as it revealed Ocugen to Present at 2024 BIO CEO & Investor Conference.

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

Stocks Info

As a NASDAQ listed company, OCGN falls under the Healthcare sector while operating within the Biotechnology industry segment. The current market capitalization of Ocugen Inc is $271.89M. A total of 26.63 million shares were traded on the day, compared to an average of 3.88M shares.

In the most recent transaction, Zhang Junge bought 200,278 shares of OCGN for 0.50 per share on Jun 14. After the transaction, the Director now owns 1,077,182 company shares.

In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. According to analysts who have offered 12-month price targets for OCGN in the last 3 months, the mean price target is $6.33 with high estimates of $8.00 and low estimates of $4.00. In terms of 52-week highs and lows, OCGN has a high of $1.28 and a low of $0.34.

As of this writing, OCGN has an earnings estimate of -$0.06 per share for the current quarter. EPS was calculated based on a consensus of 2 estimates, with a high estimate of -$0.06 per share and a lower estimate of -$0.07. The company reported an EPS of -$0.1 in the last quarter, which was -42.90% lower than expectations of -$0.07.

Balance Sheet Annually/Quarterly

The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s prospects. OCGN’s latest balance sheet shows that the firm has $94.96M in Cash & Short Term Investments as of fiscal 2021. There were $3.31M in debt and $7.00M in liabilities at the time. Its Book Value Per Share was $0.23, while its Total Shareholder’s Equity was $95.82M.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for OCGN is Buy with a score of 5.00.

Most Popular

Related Posts