Ocugen, Inc is a biotechnology business based in the US. Ocugen shares (OCGN.US) are listed on the NASDAQ and all prices are listed in US Dollars. Its last market close was $0.316 – the same closing value as a week prior. Ocugen employs 16 staff and has a trailing 12-month revenue of around $42,620.
Since the stock market crash in March caused by coronavirus, Ocugen's share price has had significant negative movement.
Its last market close was $0.316, which is 38.88% down on its pre-crash value of $0.517 and 21.54% up on the lowest point reached during the March crash when the shares fell as low as $0.26.
If you had bought $1,000 worth of Ocugen shares at the start of February 2020, those shares would have been worth $553.46 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth $607.69.
|Latest market close||$0.316|
|52-week range||$0.185 - $0.9577|
|50-day moving average||$0.3031|
|200-day moving average||$0.3337|
|Wall St. target price||$0.9|
|Dividend yield||N/A (0%)|
|Earnings per share (TTM)||$-4.8349|
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
|1 month (2020-11-02)||14.83%|
|3 months (2020-09-02)||2.27%|
|6 months (2020-06-02)||42.99%|
|1 year (2019-11-29)||-16.69%|
|2 years (2018-11-30)||-26.17%|
|3 years (2017-11-30)||-84.12%|
|5 years (2015-11-30)||-90.40%|
Valuing Ocugen stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Ocugen's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Ocugen's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 0x. In other words, Ocugen shares trade at around 0x recent earnings.
That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
|Gross profit TTM||USD$0|
|Return on assets TTM||-38.66%|
|Return on equity TTM||-850.6%|
|Market capitalisation||USD$48.3 million|
TTM: trailing 12 months
There are currently 5.1 million Ocugen shares held short by investors – that's known as Ocugen's "short interest". This figure is 5.8% down from 5.5 million last month.
There are a few different ways that this level of interest in shorting Ocugen shares can be evaluated.
Ocugen's "short interest ratio" (SIR) is the quantity of Ocugen shares currently shorted divided by the average quantity of Ocugen shares traded daily (recently around 3.8 million). Ocugen's SIR currently stands at 1.34. In other words for every 100,000 Ocugen shares traded daily on the market, roughly 1340 shares are currently held short.
However Ocugen's short interest can also be evaluated against the total number of Ocugen shares, or, against the total number of tradable Ocugen shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Ocugen's short interest could be expressed as 0.03% of the outstanding shares (for every 100,000 Ocugen shares in existence, roughly 30 shares are currently held short) or 0.0328% of the tradable shares (for every 100,000 tradable Ocugen shares, roughly 33 shares are currently held short).
Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Ocugen.
Find out more about how you can short Ocugen stock.
We're not expecting Ocugen to pay a dividend over the next 12 months. However, you can browse other dividend-paying shares in our guide.
Ocugen's shares were split on a 1:60 basis on 30 September 2019. So if you had owned 60 shares the day before before the split, the next day you'd have owned 1 share. This wouldn't directly have changed the overall worth of your Ocugen shares – just the quantity. However, indirectly, the new 5900% higher share price could have impacted the market appetite for Ocugen shares which in turn could have impacted Ocugen's share price.
Ocugen, Inc., a clinical stage biopharmaceutical company, focuses on the discovery, development, and commercialization of transformative therapies to cure blindness diseases. The company's pipeline product includes OCU200, a novel fusion protein that is in preclinical development stage for the treatment of wet AMD, diabetic retinopathy, and diabetic macular edema; OCU400 to treat retinitis pigmentosa, a group of rare genetic disorders; and OCU410, which is in preclinical development stage for the treatment of dry AMD. Ocugen, Inc. has a strategic partnership with CanSino Biologics Inc. for gene therapy co-development and manufacturing. The company is headquartered in Malvern, Pennsylvania.
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