Ocugen Inc’s filing revealed that its Director RAMESH KUMAR acquired Company’s shares for reported $0.15 million on Aug 16 ’24. In the deal valued at $1.25 per share,116,705 shares were bought.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Maxim Group initiated its Ocugen Inc [OCGN] rating to a Buy in a research note published on October 15, 2024; the price target was $4. A number of analysts have revised their coverage, including Chardan Capital Markets’s analysts, who increased its forecast for the stock in early March from “a Neutral” to “a Buy”. Mizuho began covering OCGN with “Buy” recommendation on August 23, 2022.
Price Performance Review of OCGN
On Tuesday, Ocugen Inc [NASDAQ:OCGN] saw its stock fall -4.13% to $0.87. Over the last five days, the stock has lost -14.35%. Ocugen Inc shares have risen nearly 51.93% since the year began. Nevertheless, the stocks have risen 124.69% over the past one year. While a 52-week high of $2.11 was reached on 03/25/24, a 52-week low of $0.36 was recorded on 01/19/24. SMA at 50 days reached $0.9979, while 200 days put it at $1.2892.
Levels Of Support And Resistance For OCGN Stock
The 24-hour chart illustrates a support level at 0.8511, which if violated will result in even more drops to 0.8285. On the upside, there is a resistance level at 0.9091. A further resistance level may holdings at 0.9445. The Relative Strength Index (RSI) on the 14-day chart is 40.88, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.0634, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 96.39%. Stochastics %K at 7.89% indicates the stock is a buying.
How much short interest is there in Ocugen Inc?
A steep rise in short interest was recorded in Ocugen Inc stocks on 2024-10-31, growing by 25324.0 shares to a total of 50.65 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-30 was 50.62 million shares. There was a rise of 0.05%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on June 02, 2022 when Cantor Fitzgerald began covering the stock and recommended ‘”an Overweight”‘ rating along with a $4.50 price target.
