Organon & Co. (OGN) concluded trading on Thursday at a closing price of $18.26, with 2.2 million shares of worth about $40.24 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 2.18% during that period and on October 03, 2024 the price saw a loss of about -1.72%. Currently the company’s common shares owned by public are about 257.47M shares, out of which, 256.91M shares are available for trading.
Stock saw a price change of -4.75% in past 5 days and over the past one month there was a price change of -17.82%. Year-to-date (YTD), OGN shares are showing a performance of 26.63% which increased to 12.09% 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 $23.10 during that period. The average intraday trading volume for Organon & Co. shares is 1.80 million. The stock is currently trading -8.10% below its 20-day simple moving average (SMA20), while that difference is down -11.64% for SMA50 and it goes to -3.91% lower than SMA200.
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Organon & Co. (NYSE: OGN) currently have 257.47M outstanding shares and institutions hold larger chunk of about 80.44% of that.
The stock has a current market capitalization of $4.70B and its 3Y-monthly beta is at 0.80. PE ratio of stock for trailing 12 months is 4.70, while it has posted earnings per share of $3.89 in the same period. Its PEG reads 1.52 and has Quick Ratio of 1.17 while making debt-to-equity ratio of 60.11. 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 2.15% while standing at 2.81% over the month.
Stock’s fiscal year EPS is expected to rise by 5.46% while it is estimated to increase by 4.15% in next year. EPS is likely to grow at an annualized rate of 3.10% for next 5-years, compared to annual growth of -14.04% 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 JP Morgan on September 06, 2024 offering an Underweight rating for the stock and assigned a target price range of between $18 and $20 to it. Coverage by Goldman stated Organon & Co. (OGN) stock as a Neutral in their note to investors on November 03, 2023, suggesting a price target of $16 for the stock. On September 21, 2023, Barclays Initiated their recommendations, while on March 16, 2023, Raymond James Initiated their ratings for the stock with a price target of $33. Stock get an Underperform rating from BofA Securities on October 14, 2022.
