A mixed performance in the stock price over the year has left investors with either an optimistic or pessimistic outlook, depending on their point of view. Year to date metric has recorded a gain of 28.64%.However, over the last six months, we can see a stronger performance of -4.58%. Over the last 30 days, the price of OGN has fallen by 10.22%. And in the last five days, it has surged by 3.23%.
The market performance of Organon & Co.’s stock has been turbulent in recent times. Over the last year, the company’s stock reached its highest point at $24.79 on 05/01/23, while the lowest value for the same duration was $10.84 on 12/06/23.
52-week price history of OGN Stock
Examining the 52-week high and low prices can provide valuable insights into a stock’s current status and future performance. Organon & Co.’s current trading price is -25.17% away from its 52-week high, while its distance from the 52-week low is 71.20%. The stock’s price range during this time has been between $10.84 and $24.79. The trading volume for the Healthcare sector company’s shares reached about 2.8 million for the day, which was lower than the average daily volume of 3.47 million over the last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
Organon & Co. (OGN) has experienced a quarterly rise of 65.18% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 4.74B and boasts a workforce of 10000 employees.
Combining Moving Average and Trading Volume Data for Better Market Insight
Based on Barchart.com data, the company’s moving average over the 100-day period was 14.87, with a change in price of +2.26. Similarly, Organon & Co. recorded 3,869,661 in trading volume during the last 100 days, posting a change of +13.87%.
OGN Stock Stochastic Average
Today’s raw stochastic average for Organon & Co. over the last 50 days is 90.24%.This indicates a increase from the raw stochastic average of the past 20 days, which was 83.17%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 78.45% and 77.73%, respectively.
