Organon & Co (NYSE: OGN) is -24.26% lower on its value in year-to-date trading and has touched a low of $10.94 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 $11.18 in the last trading session, with the day’s gains setting it 0.12%.
Currently trading at $11.30, the stock is -18.78% and -22.96% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.53 million and changing 1.07% at the moment leaves the stock -34.69% off its SMA200. OGN registered -38.18% loss for a year compared to 6-month loss of -37.15%. The firm has a 50-day simple moving average (SMA 50) of $14.6682 and a 200-day simple moving average (SMA200) of $17.30315.
The stock witnessed a -26.19% gain in the last 1 month and extending the period to 3 months gives it a -27.84%, and is -9.74% 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 9.90% over the week and 5.63% over the month.
Organon & Co (OGN) has around 10000 employees, a market worth around $2.91B and $6.40B in sales. Current P/E ratio is 3.39 and Fwd P/E is 2.83. Profit margin for the company is 13.49%. Distance from 52-week low is 3.34% and -51.08% from its 52-week high. The company has generated returns on investments over the last 12 months (9.15%).
The EPS is expected to shrink by -6.41% this year.
Organon & Co (OGN) Top Institutional Holders
920.0 institutions hold shares in Organon & Co (OGN), with institutional investors hold 83.21% of the company’s shares. The shares outstanding are 257.80M, and float is at 257.08M with Short Float at 5.89%. Institutions hold 83.03% 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 3.5016 of the shares totaling 9.01 million with a market value of $186.49 million.
Organon & Co (OGN) Insider Activity
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