Organon & Co (NYSE: OGN) is -0.20% lower on its value in year-to-date trading and has touched a low of $13.87 and a high of $23.10 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The OGN stock was last observed hovering at around $14.51 in the last trading session, with the day’s gains setting it 0.38%.
Currently trading at $14.89, the stock is -1.54% and -2.79% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.78 million and changing 2.62% at the moment leaves the stock -15.87% off its SMA200. OGN registered -19.30% loss for a year compared to 6-month loss of -22.33%. The firm has a 50-day simple moving average (SMA 50) of $15.318 and a 200-day simple moving average (SMA200) of $17.6992.
The stock witnessed a -0.13% gain in the last 1 month and extending the period to 3 months gives it a -0.40%, and is -2.87% down 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 3.15% over the week and 3.58% over the month.
Organon & Co (OGN) has around 10000 employees, a market worth around $3.84B and $6.40B in sales. Current P/E ratio is 4.47 and Fwd P/E is 3.69. Profit margin for the company is 13.49%. Distance from 52-week low is 7.35% and -35.54% from its 52-week high. The company has generated returns on investments over the last 12 months (9.15%).
with sales reaching $1.53B over the same period.The EPS is expected to shrink by -6.22% this year, but quarterly earnings will post -1.77% year-over-year. Quarterly sales are estimated to shrink -5.48% in year-over-year returns.
Organon & Co (OGN) Top Institutional Holders
938.0 institutions hold shares in Organon & Co (OGN), with institutional investors hold 84.12% of the company’s shares. The shares outstanding are 257.80M, and float is at 257.25M with Short Float at 7.14%. Institutions hold 83.95% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 32.58 million shares valued at $674.39 million. The investor’s holdings represent 12.6625% of the OGN Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 30.21 million shares valued at $625.41 million to account for 11.8161 of the shares outstanding. The other top investors are MASSACHUSETTS FINANCIAL SERVICES CO /MA/ which holds 10.09 million shares representing 3.922% and valued at over $208.88 million, while STATE STREET CORP holds 3.5234 of the shares totaling 9.01 million with a market value of $186.49 million.
Organon & Co (OGN) Insider Activity
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