Ocular Therapeutix Inc (OCUL) concluded trading on Thursday at a closing price of $5.86, with 6.07 million shares of worth about $35.54 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 123.66% during that period and on April 18, 2024 the price saw a loss of about -22.69%. Currently the company’s common shares owned by public are about 148.63M shares, out of which, 135.05M shares are available for trading.
Stock saw a price change of -29.23% in past 5 days and over the past one month there was a price change of -39.59%. Year-to-date (YTD), OCUL shares are showing a performance of 31.39% which increased to 2.27% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $2.00 but also hit the highest price of $11.31 during that period. The average intraday trading volume for Ocular Therapeutix Inc shares is 2.07 million. The stock is currently trading -32.10% below its 20-day simple moving average (SMA20), while that difference is down -31.92% for SMA50 and it goes to 19.23% higher than SMA200.
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Ocular Therapeutix Inc (NASDAQ: OCUL) currently have 148.63M outstanding shares and institutions hold larger chunk of about 45.02% of that.
The stock has a current market capitalization of $870.97M and its 3Y-monthly beta is at 1.37. It has posted earnings per share of -$1.26 in the same period. It has Quick Ratio of 6.59 while making debt-to-equity ratio of 0.92. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for OCUL, volatility over the week remained 10.84% while standing at 7.06% over the month.
Analysts are in expectations that Ocular Therapeutix Inc (OCUL) stock would likely to be making an EPS of $Ocular Therapeutix, Inc. in the current quarter, while forecast for next quarter EPS is $5.86 and it is $Stocks for next year. For the current quarter EPS, analysts have given the company a lowest target $Oaktree Specialty Lending Corpo which is $Oculis Holding AG 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 $OCULIS HLDG AG SF -,01 in the same quarter a year ago. Stock’s fiscal year EPS is expected to rise by 17.45% while it is estimated to decrease by -3.15% in next year.
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 BofA Securities on February 09, 2024 offering a Buy rating for the stock and assigned a target price of $15 to it. Coverage by Robert W. Baird stated Ocular Therapeutix Inc (OCUL) stock as an Outperform in their note to investors on April 21, 2023, suggesting a price target of $18 for the stock. On August 10, 2022, Berenberg Resumed their recommendations, while on August 10, 2021, H.C. Wainwright Upgrade their ratings for the stock with a price target of $17. Stock get a Neutral rating from H.C. Wainwright on December 28, 2020.
