Ocugen Inc Stock Today

OCGN Stock  USD 0.90  0.02  2.17%   

Performance

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Odds Of Distress

Less than 15

 
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Ocugen is selling at 0.9 as of the 22nd of November 2024; that is 2.17 percent decrease since the beginning of the trading day. The stock's open price was 0.92. Ocugen has less than a 15 % chance of experiencing some financial distress in the next two years of operation, but has generated negative returns over the last 90 days. Equity ratings for Ocugen Inc are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 28th of November 2023 and ending today, the 22nd of November 2024. Click here to learn more.
Business Domain
Pharmaceuticals, Biotechnology & Life Sciences
IPO Date
3rd of December 2014
Category
Healthcare
Classification
Health Care
Ocugen, Inc., a clinical-stage biopharmaceutical company, focuses on the developing gene therapies to cure blindness diseases. Ocugen, Inc. has a strategic partnership with CanSino Biologics Inc. for gene therapy co-development and manufacturing and Bharat Biotech for the commercialization of COVAXIN in the United States market. The company has 291.32 M outstanding shares of which 50.65 M shares are now shorted by private and institutional investors with about 16.43 trading days to cover. More on Ocugen Inc

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Ocugen Stock Highlights

CEO CoFounderShankar MBA
Business ConcentrationBiotechnology, Pharmaceuticals, Biotechnology & Life Sciences, Health Care, NASDAQ Composite, Health Care, Biotechnology, Biotechnology, Healthcare (View all Sectors)
Average Analyst Recommendation
Ocugen can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Ocugen's financial leverage. It provides some insight into what part of Ocugen's total assets is financed by creditors.
Liquidity
Ocugen Inc currently holds 6.94 M in liabilities with Debt to Equity (D/E) ratio of 0.07, which may suggest the company is not taking enough advantage from borrowing. Ocugen Inc has a current ratio of 7.07, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about Ocugen's use of debt, we should always consider it together with its cash and equity.

Depreciation

585,114
Ocugen Inc (OCGN) is traded on NASDAQ Exchange in USA. It is located in 11 Great Valley Parkway, Malvern, PA, United States, 19355 and employs 65 people. Ocugen is listed under Biotechnology category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 262.45 M. Ocugen Inc conducts business under Biotechnology sector and is part of Health Care industry. The entity has 291.32 M outstanding shares of which 50.65 M shares are now shorted by private and institutional investors with about 16.43 trading days to cover. Ocugen Inc currently holds about 101.6 M in cash with (62.05 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.46.
Check Ocugen Probability Of Bankruptcy
Ownership Allocation
Ocugen owns a total of 291.32 Million outstanding shares. Roughly 71.09 pct. of Ocugen outstanding shares are held by general public with 1.39 % owned by insiders and only 27.52 (%) by third-party entities. Please note that no matter how many assets the company maintains, if the real value of the company is less than the current market value, you may not be able to make money on it.
Check Ocugen Ownership Details

Ocugen Stock Institutional Holders

InstituionRecorded OnShares
Bank Of New York Mellon Corp2024-06-30
751.8 K
Group One Trading, Lp2024-06-30
651.4 K
Bank Of America Corp2024-06-30
641.1 K
Susquehanna International Group, Llp2024-06-30
640.7 K
Ubs Group Ag2024-06-30
462.8 K
Two Sigma Investments Llc2024-06-30
363.5 K
Rhumbline Advisers2024-06-30
301.2 K
Barclays Plc2024-06-30
284.4 K
T. Rowe Price Associates, Inc.2024-06-30
268.8 K
Blackrock Inc2024-06-30
17.9 M
Vanguard Group Inc2024-09-30
16.9 M
View Ocugen Diagnostics

Ocugen Historical Income Statement

At this time, Ocugen's Non Recurring is very stable compared to the past year. View More Fundamentals

Ocugen Stock Against Markets

Ocugen Corporate Management

When determining whether Ocugen Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Ocugen's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Ocugen Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ocugen Inc Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Ocugen Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
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Is Biotechnology space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Ocugen. If investors know Ocugen will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Ocugen listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.19)
Revenue Per Share
0.018
Quarterly Revenue Growth
1.353
Return On Assets
(0.48)
Return On Equity
(1.03)
The market value of Ocugen Inc is measured differently than its book value, which is the value of Ocugen that is recorded on the company's balance sheet. Investors also form their own opinion of Ocugen's value that differs from its market value or its book value, called intrinsic value, which is Ocugen's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Ocugen's market value can be influenced by many factors that don't directly affect Ocugen's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Ocugen's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ocugen is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ocugen's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.