Ocugen Inc (OCGN): A Case For Going Higher

After Hours

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Stocks Info

Ocugen Inc is listed on the NASDAQ in the Healthcare sector while operating in the Biotechnology industry. The current market capitalization of Ocugen Inc is $339.66M. A total of 8.04 million shares were traded on the day, compared to an average of 8.77M shares.

In the most recent transaction, Zhang Junge bought 200,278 shares of OCGN for 0.50 per share on Jun 14 ’23. After the transaction, the Director now owns 1,077,182 company shares.

Despite rarely being accurate, price targets can exert some form of influence at times, and are often regarded as valuable by markets. In terms of 52-week highs and lows, OCGN has a high of $2.11 and a low of $0.34.

As of this writing, OCGN has an earnings estimate of $Organon & Co. per share for the current quarter. EPS was calculated based on a consensus of Ocugen, Inc. estimates, with a high estimate of $OpGen, Inc. per share and a lower estimate of $Origin Materials, Inc..

Balance Sheet Annually/Quarterly

As well as showing the assets and liabilities of the company, the balance sheet also shows the amount invested in equity by investors. Investors can analyze a company’s future prospects by calculating its financial ratios based on this information. 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 $0.16, while its Total Shareholder’s Equity was $95.82M.

Analysts Opinion

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. 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.

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