NASDAQ:OCUP

Ocuphire Pharma (OCUP) Stock Price, News & Analysis

$1.85
+0.21 (+12.80%)
(As of 05:27 PM ET)
Today's Range
$1.65
$1.99
50-Day Range
$1.51
$2.64
52-Week Range
$1.50
$6.60
Volume
663,090 shs
Average Volume
216,180 shs
Market Capitalization
$47.38 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$19.00

Ocuphire Pharma MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
927.0% Upside
$19.00 Price Target
Short Interest
Bearish
6.17% of Shares Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
N/A
Insider Trading
Acquiring Shares
$74,100 Bought Last Quarter
Proj. Earnings Growth
Growing
From ($0.53) to ($0.42) Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.44 out of 5 stars

Medical Sector

699th out of 908 stocks

Pharmaceutical Preparations Industry

314th out of 419 stocks

OCUP stock logo

About Ocuphire Pharma Stock (NASDAQ:OCUP)

Ocuphire Pharma, Inc., a clinical-stage ophthalmic biopharmaceutical company, focuses on developing and commercializing therapies for the treatment of unmet needs of patients with refractive and retinal eye disorders. The company offers Phentolamine Ophthalmic Solution for reversal of mydriasis, as well as is in Phase III clinical trials for presbyopia and dim light or night vision disturbances. Its lead retinal product candidate is APX3330, a small-molecule inhibitor of reduction oxidation effector factor-1 protein that has completed Phase II clinical trial for the treatment of diabetic retinopathy. The company also develops APX2009 and APX2014 that are preclinical product candidates for retina indications. The company was founded in 2018 and is headquartered in Farmington Hills, Michigan.

OCUP Stock Price History

OCUP Stock News Headlines

Ocuphire Pharma, Inc. (OCUP)
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$5,000 Gold?
Former Wall Street Banker Reveals Mysterious Gold Leverage As gold continues to soar, this ex-Goldman Sachs VP says DON'T buy bullion or mining stocks. Instead, he's just shared a "gold bank" that uses about $10 of your money to harness the power of two ounces of pure gold (worth about $4,200 right now).
7 Under-the-Radar Biotech Stocks Gearing Up for Liftoff
Ocuphire Pharma Inc (OCUP)
See More Headlines
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Company Calendar

Last Earnings
3/08/2024
Today
5/02/2024
Next Earnings (Estimated)
5/20/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Pharmaceutical preparations
Sub-Industry
N/A
Current Symbol
NASDAQ:OCUP
Employees
14
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$19.00
High Stock Price Target
$20.00
Low Stock Price Target
$17.00
Potential Upside/Downside
+927.7%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
3 Analysts

Profitability

Net Income
$-9,990,000.00
Pretax Margin
-52.36%

Debt

Sales & Book Value

Annual Sales
$19.05 million
Book Value
$2.20 per share

Miscellaneous

Free Float
22,654,000
Market Cap
$47.35 million
Optionable
Optionable
Beta
0.39
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Key Executives

  • Mr. Richard J. Rodgers M.B.A. (Age 57)
    Interim President & Director
    Comp: $62k
  • Mr. Bernhard Hoffmann M.B.A. (Age 68)
    Senior Vice President of Corporate Development & Operations and Secretary
    Comp: $348.96k
  • Ms. Amy Zaremba Rabourn C.P.A. (Age 43)
    MAcc, Senior Vice President of Finance
    Comp: $384.52k
  • Mr. George Magrath M.B.A.
    M.D., M.S., CEO & Director
  • Mr. Nirav Suresh Jhaveri C.F.A.
    Chief Financial Officer
  • Mr. Joseph K. Schachle MBA (Age 59)
    Chief Operating Officer
  • Dr. Ashwath Jayagopal Ph.D.
    Chief Scientific & Development Officer
  • Dr. Daniela C. Oniciu Ph.D.
    Global Head of R&D, Chemistry and Product Development
  • Dr. Mitchell Brigell Ph.D.
    Head of Clinical Development & Strategy
  • Mr. Chris Ernst
    Global Head of QA & Manufacturing

OCUP Stock Analysis - Frequently Asked Questions

Should I buy or sell Ocuphire Pharma stock right now?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ocuphire Pharma in the last twelve months. There are currently 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" OCUP shares.
View OCUP analyst ratings
or view top-rated stocks.

What is Ocuphire Pharma's stock price target for 2024?

3 brokerages have issued 1 year price targets for Ocuphire Pharma's stock. Their OCUP share price targets range from $17.00 to $20.00. On average, they predict the company's share price to reach $19.00 in the next twelve months. This suggests a possible upside of 927.0% from the stock's current price.
View analysts price targets for OCUP
or view top-rated stocks among Wall Street analysts.

How have OCUP shares performed in 2024?

Ocuphire Pharma's stock was trading at $3.01 on January 1st, 2024. Since then, OCUP shares have decreased by 38.5% and is now trading at $1.85.
View the best growth stocks for 2024 here
.

When is Ocuphire Pharma's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, May 20th 2024.
View our OCUP earnings forecast
.

How were Ocuphire Pharma's earnings last quarter?

Ocuphire Pharma, Inc. (NASDAQ:OCUP) posted its earnings results on Friday, March, 8th. The company reported ($0.21) earnings per share for the quarter, missing analysts' consensus estimates of ($0.07) by $0.14. The business had revenue of $1.69 million for the quarter, compared to the consensus estimate of $3.47 million. Ocuphire Pharma had a negative net margin of 52.42% and a negative trailing twelve-month return on equity of 22.30%.

Who are Ocuphire Pharma's major shareholders?

Ocuphire Pharma's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Rice Hall James & Associates LLC (1.18%) and Concourse Financial Group Securities Inc. (0.00%). Insiders that own company stock include George Magrath, James S J Manuso, Jay Pepose, Joseph K Schachle, Mina Sooch and Nirav S Jhaveri.
View institutional ownership trends
.

How do I buy shares of Ocuphire Pharma?

Shares of OCUP stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:OCUP) was last updated on 5/2/2024 by MarketBeat.com Staff

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