Organon & Co. (OGN) concluded trading on Wednesday at a closing price of $16.36, with 3.56 million shares of worth about $58.23 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -29.66% during that period and on Wednesday the price saw a gain of about 1.49%. Currently the company’s common shares owned by public are about 255.61M shares, out of which, 255.34M shares are available for trading.
According to filings with the U.S. Securities and Exchange Commission (SEC), insiders took part in trade of the company’s stock for 80 times over the past 12 months. They bought 223,528 shares in 40 of the transactions. In 40 selling transactions, insiders dumped 93,975 shares.
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Stock saw a price change of 0.68% in past 5 days and over the past one month there was a price change of -1.39%. Year-to-date (YTD), OGN shares are showing a performance of 13.45% which decreased to -44.50% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $10.84 but also hit the highest price of $29.55 during that period. The average intraday trading volume for Organon & Co. shares is 3.95 million. The stock is currently trading -0.36% below its 20-day simple moving average (SMA20), while that difference is up 10.64% for SMA50 and it goes to -8.50% lower than SMA200.
Organon & Co. (NYSE: OGN) currently have 255.61M outstanding shares and institutions hold larger chunk of about 77.92% of that.
The stock has a current market capitalization of $4.18B and its 3Y-monthly beta is at 0.75. PE ratio of stock for trailing 12 months is 7.16, while it has posted earnings per share of $2.29 in the same period. It has Quick Ratio of 1.15. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for OGN, volatility over the week remained 2.87% while standing at 3.47% over the month.
Analysts are in expectations that Organon & Co. (OGN) stock would likely to be making an EPS of $Ocugen, Inc. in the current quarter, while forecast for next quarter EPS is $0.67 and it is $Stocks for next year. For the current quarter EPS, analysts have given the company a lowest target $Organigram Holdings Inc. which is $Organon & Co. at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of $Origin Materials, Inc. in the same quarter a year ago. Stock’s fiscal year EPS is expected to drop by -18.94% while it is estimated to increase by 5.00% in next year. EPS is likely to grow at an annualized rate of -5.00% for next 5-years, compared to annual growth of -12.77% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Goldman on November 03, 2023 offering a Neutral rating for the stock and assigned a target price range of between $33 and $16 to it.
