Ocugen Inc ‘s stock market performance has been somewhat predictable. The company’s stock reached a 1-year high price of $2.11 on 03/25/24, while the lowest value for the same period was recorded at $0.34 on 10/26/23.
52-week price history of OCGN Stock
Studying a stock’s 52-week price history, which includes both low and high prices, can help gauge its current status and potential future performance. Ocugen Inc’s current trading price is -54.62% away from its 52-week high, while its distance from the 52-week low is 176.90%. The stock’s price range during the 52-week period has remained between $0.34 and $2.11. In the Healthcare sector, the company’s shares saw a trading volume of around 5.52 million for the day, which was evidently higher than the average daily volume of 5.21 million over the past three months.
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Market Capitalization and Financial Performance: An In-Depth Look
Ocugen Inc (OCGN) has experienced a quarterly decline of -19.04% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 274.99M and boasts a workforce of 65 employees.
Making Sense of Trading Volume and Moving Average Data
Based on Barchart.com data, the company’s moving average over the 100-day period was 1.4784, with a change in price of -0.4420. Similarly, Ocugen Inc recorded 5,524,628 in trading volume during the last 100 days, posting a change of -31.80%.
Examining OCGN’s Debt-to-Equity Ratio: What You Need to Know
The debt-to-equity (D/E) ratio is a crucial measure that sheds light on a company’s financial health and market standing. It is determined by dividing a company’s overall liabilities by its shareholders’ equity, showing the extent of a company’s debt usage in financing its assets compared to the shareholders’ equity. At the time of writing, the total D/E ratio for OCGN stands at 0.41. Similarly, the long-term debt-to-equity ratio is also 0.30.
OCGN Stock Stochastic Average
As of today, Ocugen Inc’s raw stochastic average for the last 50 days stands at 1.16%. This is a decline compared to the raw stochastic average of the previous 20 days, which was noted at 2.66%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 7.48% and 8.37%, respectively.
OCGN Stock Price Performance Analysis
The stock price performance over the year has been a mixed bag, resulting in a range of outlooks from optimistic to pessimistic depending on the observer. This year’s metric has recorded a Price increase of 66.14%. However, over the past six months, we’ve seen a stronger performance of -47.80%. The price of OCGN leaped by -26.52% over the last 30 days. And in the last five days, it has fallen by -14.71%.
