Ocular Therapeutix Inc (NASDAQ: OCUL) is 106.95% higher on its value in year-to-date trading and has touched a low of $2.00 and a high of $11.31 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The OCUL stock was last observed hovering at around $8.84 in the last trading session, with the day’s gains setting it 0.39%.
Currently trading at $9.23, the stock is 12.91% and 26.48% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.16 million and changing 4.41% at the moment leaves the stock 50.12% off its SMA200. OCUL registered 136.06% gain for a year compared to 6-month gain of 22.74%.
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The stock witnessed a 14.66% loss in the last 1 month and extending the period to 3 months gives it a 51.31%, and is 15.52% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 5.43% over the week and 6.13% over the month.
Ocular Therapeutix Inc (OCUL) has around 267 employees, a market worth around $1.44B and $61.10M in sales. Profit margin for the company is -226.46%. Distance from 52-week low is 362.66% and -18.39% from its 52-week high. The company has generated returns on investments over the last 12 months (-30.68%).
The EPS is expected to shrink by -16.21% this year
201.0 institutions hold shares in Ocular Therapeutix Inc (OCUL), with institutional investors hold 89.88% of the company’s shares. The shares outstanding are 155.92M, and float is at 135.39M with Short Float at 14.10%. Institutions hold 89.04% of the Float.
The top institutional shareholder in the company is SUMMER ROAD LLC with over 14.89 million shares valued at $101.82 million. The investor’s holdings represent 11.2751 of the OCUL Shares outstanding. As of 2024-06-30, the second largest holder is VR ADVISER, LLC with 12.76 million shares valued at $87.3 million to account for 9.6669 of the shares outstanding. The other top investors are DEEP TRACK CAPITAL, LP which holds 12.72 million shares representing 9.6359 and valued at over $87.01 million, while BLACKROCK INC. holds 8.7261 of the shares totaling 11.52 million with a market value of $78.8 million.
Ocular Therapeutix Inc (OCUL) Insider Activity
Still, SEC filings show that on Aug 01 ’24, ANTONY MATTESSICH (Former Officer) Proposed Sale 23,979 shares at an average price of $8.19 for $0.2 million. The insider now directly holds shares of Ocular Therapeutix Inc (OCUL).
