Organon & Co (NYSE: OGN) is -41.55% lower on its value in year-to-date trading and has touched a low of $9.18 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 $9.59 in the last trading session, with the day’s loss setting it -0.87%.
Currently trading at $8.72, the stock is -23.50% and -35.67% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 14.59 million and changing -9.07% at the moment leaves the stock -47.64% off its SMA200. OGN registered -53.69% loss for a year compared to 6-month loss of -51.37%.
The stock witnessed a -39.65% gain in the last 1 month and extending the period to 3 months gives it a -41.52%, and is -31.45% 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 8.49% over the week and 7.24% over the month.
Organon & Co (OGN) has around 10000 employees, a market worth around $2.27B and $6.29B in sales. Current P/E ratio is 3.02 and Fwd P/E is 2.18. Profit margin for the company is 11.92%. Distance from 52-week low is -5.01% and -62.25% from its 52-week high. The company has generated returns on investments over the last 12 months (7.91%).
The EPS is expected to shrink by -5.57% this year.
Organon & Co (OGN) Top Institutional Holders
The shares outstanding are 259.96M, and float is at 259.08M with Short Float at 6.73%.
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 11.7429 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
#####