Ocugen (NASDAQ:OCGN - Get Free Report) is set to announce its earnings results before the market opens on Friday, November 8th. Analysts expect the company to announce earnings of ($0.05) per share for the quarter. Parties that wish to listen to the company's conference call can do so using this link.
Ocugen (NASDAQ:OCGN - Get Free Report) last posted its earnings results on Thursday, August 8th. The company reported ($0.04) EPS for the quarter, topping analysts' consensus estimates of ($0.06) by $0.02. The firm had revenue of $1.14 million during the quarter. During the same quarter in the prior year, the company earned ($0.10) EPS. On average, analysts expect Ocugen to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.
Ocugen Stock Up 4.2 %
Shares of NASDAQ:OCGN traded up $0.04 during mid-day trading on Friday, reaching $0.95. The stock had a trading volume of 2,374,852 shares, compared to its average volume of 6,192,490. The business's 50 day moving average price is $1.07 and its 200 day moving average price is $1.37. Ocugen has a 1 year low of $0.35 and a 1 year high of $2.11. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.04 and a quick ratio of 1.04.
Analysts Set New Price Targets
Several equities research analysts recently weighed in on OCGN shares. Maxim Group started coverage on shares of Ocugen in a research report on Tuesday, October 15th. They issued a "buy" rating and a $4.00 price target on the stock. HC Wainwright restated a "buy" rating and issued a $7.00 price target on shares of Ocugen in a research report on Wednesday, October 23rd.
Get Our Latest Stock Analysis on Ocugen
Ocugen Company Profile
(
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Ocugen, Inc, a clinical-stage biopharmaceutical company, focuses on discovering, developing, and commercializing novel gene and cell therapies and vaccines that improve patients' health. 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, currently under Phase 3 trials for the treatment of retinitis pigmentosa and Phase 1/2 trials for the treatment of leber congenital amaurosis; OCU410, a gene therapy under phase 1/2 for the treatment of dry age-related macular degeneration (AMD); and OCU410ST, a gene therapy under phase 1/2 for the treatment of Stargardt disease.
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