Searching For Real Value In Market Debris At Ocugen Inc (NASDAQ: OCGN)

After Hours

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities.

Stocks Info

As a NASDAQ listed company, OCGN falls under the Healthcare sector while operating within the Biotechnology industry segment. The current market capitalization of Ocugen Inc is $260.47M. A total of 6.2 million shares were traded on the day, compared to an average of 4.35M shares.

In the most recent transaction, Fernandes Prabhavathi bought 10,000 shares of OCGN for 0.91 per share on Nov 26 ’24. After the transaction, the Director now owns 10,000 company shares. In a previous transaction on Nov 22 ’24, Castillo Kirsten bought 25,000 shares at 0.91 per share. OCGN shares that Director owns now total 75,000.

Among the insiders who bought shares, RAMESH KUMAR acquired of 116,705 shares on Aug 16 ’24 at a per-share price of $1.25.

In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. In terms of 52-week highs and lows, OCGN has a high of $2.11 and a low of $0.49.

Balance Sheet Annually/Quarterly

The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s prospects. OCGN’s latest balance sheet shows that the firm has $94.96M in Cash & Short Term Investments as of fiscal 2021. There were $3.31M in debt and $7.00M in liabilities at the time. Its Book Value Per Share was $0.14, while its Total Shareholder’s Equity was $95.82M.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for OCGN is Buy with a score of 5.00.

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