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Analysis
Ocugen, Inc. (OCGN)
Ocugen, Inc. (OCGN)
Ranking:
Buy
Implies positive momentum
Stock Name: Ocugen, Inc.
Symbol: OCGN
Market Cap: $270M
Industry: Biotechnology
Sector: Healthcare
Website: https://www.ocugen.com
About Ocugen, Inc.

Ocugen, Inc., a clinical-stage biopharmaceutical company, focuses on the developing gene therapies to cure blindness diseases. The company's pipeline product includes OCU400, a novel gene therapy product candidate restoring retinal integrity and function across a range of genetically diverse inherited retinal diseases, such as retinitis pigmentosa and leber congenital amaurosis; OCU410, gene therapy candidate for the treatment of dry age-related macular degeneration (AMD); and OCU200, a novel fusion protein that is in preclinical development stage for the treatment of diabetic macular edema, diabetic retinopathy, and wet AMD Please visit their website for more information.

Overview:
Last Close: $0.9386
52 Week: $0.36-$1.98
MVA50: 1.04
MVA200: 1.14
RSI: 47.81
Buy/Sell*: 42.99
1-Month change: -5.73%
3-Month change: -100.30%
*Proprietary Buy Sell Volume Indicator
Price Chart For OCGN
Financial Parameters Most Recent Quarter: (2024-Q3),2024-09-30
Revenue: $1M
Revenue Growth (YOY): inf%
Profit (% of Rev): 100.00%
Income (% of Rev): -1141.73%
Income Growth (YOY): -8.42%
Operating Income: $-13M
Operating Cash Flow: $-11M
Operating Cash Flow Growth (YoY): -17.76%
Annual Dividend Yield: 0.00%
Total Assets: $62M
Total Liabilities: $21M
Cash & Equivalent: $39M
Total Debt: $7M
Debt/Equity: 0.17
Quick Ratio: 2.58
Current Ratio: 2.58
Price/Book: 6.79
Price/Earnings: -5.32
EBITDA: $-13M
EPS: -0.0466
Our Approach

Our proprietary analysis employs a weighted average approach integrating both functional and technical parameters, tailored to the sector, industry, and microeconomic factors. This methodology assigns dynamic weights to the parameters, with a focus on recent trends, ensuring a nuanced evaluation for informed investment decisions. Considering all the above parameters, in addition to some of the derived parameters of the stock in conjunction with its sector and macroeconomic conditions, our proprietary Weighted Average AI model gives a rank of Buy.

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