A share price of Ocugen Inc [OCGN] is currently trading at $1.02, up 2.00%. An important factor to consider is whether the stock is rising or falling in short-term value. The OCGN shares have lost -10.53% over the last week, with a monthly amount drifted -6.42%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Ocugen Inc [NASDAQ: OCGN] stock has seen the most recent analyst activity on October 15, 2024, when Maxim Group initiated its Buy rating and assigned the stock a price target of $4. Previously, Chardan Capital Markets upgraded its rating to Buy on March 01, 2023, and kept the price target unchanged to $3.50. On August 23, 2022, Mizuho initiated with a Buy rating and assigned a price target of $5 on the stock. Cantor Fitzgerald initiated its recommendation with a Overweight and recommended $4.50 as its price target on June 02, 2022. In a note dated June 11, 2021, ROTH Capital downgraded an Neutral rating on this stock and revised its target price from $10 to $6.
Ocugen Inc experienced fluctuations in its stock price throughout the past year between $0.51 and $1.80. Currently, Wall Street analysts expect the stock to reach $5 within the next 12 months. Ocugen Inc [NASDAQ: OCGN] shares were valued at $1.02 at the most recent close of the market. An investor can expect a potential return of 390.2% based on the average OCGN price forecast.
Analyzing the OCGN fundamentals
Trailing Twelve Months sales for Ocugen Inc [NASDAQ:OCGN] were 4.52M which represents 46.06% growth. Gross Profit Margin for this corporation currently stands at 1.0% with Operating Profit Margin at -12.61%, Pretax Profit Margin comes in at -12.71%, and Net Profit Margin reading is -12.71%. To continue investigating profitability, this company’s Return on Assets is posted at -0.89, Equity is -2.23 and Total Capital is -1.2. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.26.
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 0.9800 points at the first support level, and at 0.9400 for the second support level. However, for the 1st resistance point, the stock is sitting at 1.0500, and for the 2nd resistance point, it is at 1.0800.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Ocugen Inc [NASDAQ:OCGN] is 2.60. On the other hand, the Quick Ratio is 2.60, and the Cash Ratio is 2.24. Considering the valuation of this stock, the price to sales ratio is 65.90, the price to book ratio is 18.72.
Transactions by insiders
Recent insider trading involved MARNA C. WHITTINGTON, Director, that happened on Jul 09 ’25 when 0.11 million shares were purchased. Director, PRABHAVATHI FERNANDES completed a deal on Jun 11 ’25 to buy 0.15 million shares. Meanwhile, Director Fernandes Prabhavathi bought 10000.0 shares on Nov 26 ’24.
