Oculis Holding AG [OCS] stock prices are up 2.63% to $18.70 at the moment. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The OCS shares have gain 10.00% over the last week, with a monthly amount glided 13.82%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Oculis Holding AG [NASDAQ: OCS] stock has seen the most recent analyst activity on December 05, 2023, when Chardan Capital Markets initiated its Buy rating and assigned the stock a price target of $30. Previously, Stifel started tracking the stock with Buy rating on October 05, 2023, and set its price target to $35. On June 14, 2023, BofA Securities initiated with a Buy rating and assigned a price target of $22 on the stock. H.C. Wainwright started tracking the stock assigning a Buy rating and suggested a price target of $28 on June 12, 2023. Robert W. Baird initiated its recommendation with a Outperform and recommended $58 as its price target on June 08, 2023. Pareto started tracking with a Buy rating for this stock on May 10, 2023, and assigned it a price target of $23. In a note dated April 28, 2023, Wedbush initiated an Outperform rating and provided a target price of $27 on this stock.
The stock price of Oculis Holding AG [OCS] has been fluctuating between $10.50 and $18.40 over the past year. Currently, Wall Street analysts expect the stock to reach $33.5 within the next 12 months. Oculis Holding AG [NASDAQ: OCS] shares were valued at $18.70 at the most recent close of the market. An investor can expect a potential return of 79.14% based on the average OCS price forecast.
Analyzing the OCS fundamentals
Gross Profit Margin for this corporation currently stands at -53.22% with Operating Profit Margin at -104.49%, Pretax Profit Margin comes in at -106.68%, and Net Profit Margin reading is -106.78%. To continue investigating profitability, this company’s Return on Assets is posted at -0.55, Equity is -0.73 and Total Capital is -0.7.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 18.49 points at the first support level, and at 18.29 for the second support level. However, for the 1st resistance point, the stock is sitting at 18.81, and for the 2nd resistance point, it is at 18.93.
Ratios To Look Out For
It’s worth pointing out that Oculis Holding AG [NASDAQ:OCS]’s Current Ratio is 4.02. Also, the Quick Ratio is 4.02, while the Cash Ratio stands at 1.29.
