Investors’ outlook regarding the stock price performance over the year has been split, with some feeling optimistic and others feeling pessimistic, as it’s been a mixed bag. This year’s metric has recorded a Price increase of 27.12%. However, over the past six months, we’ve seen a weaker performance of 23.94%. The price of OGN fallen by 2.35% over the last 30 days. And in the last five days, it has fallen by -0.49%.
Organon & Co. had a pretty Dodgy run when it comes to the market performance. Over the past year, the company’s stock reached a high of $24.58 on 05/03/23, while the lowest price during the same period was $10.84 on 12/06/23.
52-week price history of OGN Stock
A stock’s 52-week price history, including the low and high prices, can offer valuable insights into its current standing and future prospects. Organon & Co.’s current trading price is -25.43% away from its 52-week high, while its distance from the 52-week low is 69.17%. The stock’s price range over this timeframe has been between $10.84 and $24.58. The shares of the Healthcare sector company recorded a trading volume of approximately 1.53 million for the day, which was comparatively lower than the average daily volume of 2.34 million over the last three months.
The Connection Between Financial Performance and Market Capitalization
Organon & Co. (OGN) has experienced a quarterly rise of 6.32% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 4.69B and boasts a workforce of 10000 employees.
How Moving Averages and Trading Volume Data Work Together
Based on Barchart.com data, the company’s moving average over the 100-day period was 16.80, with a change in price of +6.94. Similarly, Organon & Co. recorded 3,048,810 in trading volume during the last 100 days, posting a change of +61.30%.
OGN Stock Stochastic Average
The raw stochastic average for Organon & Co. over the last 50 days is presently at 40.20%. This reflects a surge from the raw stochastic average of the previous 20 days, which was noted at 38.26%. Further, the company’s Stochastic %K and %D values for the last 20 days were 65.64% and 77.29%, respectively.
