In today’s recent session, 3.63 million shares of the Ocugen Inc (NASDAQ:OCGN) have been traded, and its beta is 3.58. Most recently the company’s share price was $1.80, and it changed around $0.1 or 5.88% from the last close, which brings the market valuation of the company to $463.19M. OCGN at last check was trading at a discount to its 52-week high of $2.11, offering almost -17.22% off that amount. The share price’s 52-week low was $0.34, which indicates that the recent value has risen by an impressive 81.11% since then. We note from Ocugen Inc’s average daily trading volume that its 3-month average coming to 10.46 million.
Ocugen Inc (NASDAQ:OCGN) trade information
Instantly OCGN has been showing a green trend so far today with a performance of 5.88% on intraday trading today. The performance over the last five days has remained in the green territory. The company’s shares are currently up 213.04% year-to-date, but still up 4.65% over the last five days. On the other hand, Ocugen Inc (NASDAQ:OCGN) is 13.21% up in the 30-day period.
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The consensus price target as assigned by Wall Street analysts is $5, which translates to bulls needing to increase their stock price by 64.0% from its current value. Analyst projections state that OCGN is forecast to be at a low of $3.5 and a high of $6.
Ocugen Inc (OCGN) estimates and forecasts
Ocugen Inc share prices are performing particularly well not compared to other companies within the same industry. As is evident from the statistics, the company’s shares have risen 393.15 percent over the past six months and at a -11.54% annual growth rate that is well below the industry average of 13.10%.
Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 41.20%.
