Organon & Co’s filing revealed that its Gen. Counsel & Corp. Secy. Weaver Kirke acquired Company’s shares for reported $49939.0 on Feb 22 ’24. In the deal valued at $18.36 per share,2,720 shares were bought. As a result of this transaction, Weaver Kirke now holds 15,181 shares worth roughly $0.22 million.
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
JP Morgan downgraded its Organon & Co [OGN] rating to an Underweight from a a Neutral in a research note published on September 06, 2024; the price target was increased to $20 from $18. A number of analysts have revised their coverage, including Goldman’s analysts, who decreased its forecast for the stock in early November from “a Buy” to “a Neutral”. Barclays began covering OGN with “an Overweight” recommendation on September 21, 2023. Raymond James started covering the stock on March 16, 2023. It rated OGN as “an Outperform”.
Price Performance Review of OGN
On Tuesday, Organon & Co [NYSE:OGN] saw its stock fall -3.38% to $14.59. Over the last five days, the stock has lost -6.35%. Organon & Co shares have risen nearly 1.18% since the year began. Nevertheless, the stocks have risen 29.00% over the past one year. While a 52-week high of $23.10 was reached on 08/26/24, a 52-week low of $10.84 was recorded on 01/05/24. SMA at 50 days reached $17.93, while 200 days put it at $19.29.
Levels Of Support And Resistance For OGN Stock
The 24-hour chart illustrates a support level at 14.30, which if violated will result in even more drops to 14.01. On the upside, there is a resistance level at 14.97. A further resistance level may holdings at 15.34. The Relative Strength Index (RSI) on the 14-day chart is 23.62, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.20, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 95.60%. Stochastics %K at 5.21% indicates the stock is a buying.
How much short interest is there in Organon & Co?
A steep rise in short interest was recorded in Organon & Co stocks on 2024-10-31, growing by 4.39 million shares to a total of 14.15 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-30 was 9.77 million shares. There was a rise of 30.99%, which implies that there is a positive sentiment for the stock.
