This summary was created by AI, based on 2 opinions in the last 12 months.
OCGN operates as a small-cap biotech company that focuses on developing novel genes, cell therapies, and vaccines. The company generates limited revenue and is burning cash, with a balance sheet showing $18M in cash and a high burn rate. Despite early clinical success, the trials are still in Phase I/II and are quite small, with a focus on gene therapy for retinal applications. Insiders own about 2% and have been recent sellers, making the stock's risks extremely high.
OCGN operates as a small-cap biotech company that focuses on developing novel genes, cell therapies, and vaccines. OCGN generates very limited revenue. OCGN is still burning cash ($62M in the last 12 months), and issuing shares to support its research. The balance sheet has $18M in cash, and, given the burn rate, OCGN should be expected to issue more shares soon. The stock has done very well on early clinical success. But trials are still Phase I/II, and trials are actually quite small. Its focus is on gene therapy with retinal (eye) applications. In such scenarios, stocks are often binary: soaring on good results, crashing on bad results. Insiders own about 2% and have been recent sellers. We do not know this one well enough to recommend but risks need to be considered extremely high.
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Ocugen is a American stock, trading under the symbol OCGN-Q on the NASDAQ (OCGN). It is usually referred to as NASDAQ:OCGN or OCGN-Q
In the last year, 2 stock analysts published opinions about OCGN-Q. 2 analysts recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Ocugen.
Ocugen was never recommended as a Top Pick on Stockchase. Read the latest stock experts ratings for Ocugen.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
In the last year, there was no coverage of Ocugen published on Stockchase.
On 2024-12-13, Ocugen (OCGN-Q) stock closed at a price of $0.8574.
OCGN operates as a small-cap biotech company that focuses on developing novel genes, cell therapies, and vaccines. OCGN generates very limited revenue. OCGN is still burning cash ($62M in the last 12 months), and issuing shares to support its research. The balance sheet has $18M in cash, and, given the burn rate, OCGN should be expected to issue more shares soon. The stock has done very well on early clinical success. But trials are still Phase I/II, and trials are actually quite small. Its focus is on gene therapy with retinal (eye) applications. In such scenarios, stocks are often binary: soaring on good results, crashing on bad results. Insiders own about 2% and have been recent sellers. We do not know this one well enough to recommend but risks need to be considered extremely high.
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