NASDAQ:OCUP

Ocuphire Pharma (OCUP) Stock Price, News & Analysis

$1.57
+0.06 (+3.97%)
(As of 02:07 PM ET)
Today's Range
$1.51
$1.58
50-Day Range
$1.51
$2.65
52-Week Range
$1.50
$6.60
Volume
90,793 shs
Average Volume
220,232 shs
Market Capitalization
$38.95 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
1,141.8% Upside
$19.00 Price Target
Short Interest
Bearish
6.33% 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.

1.75 out of 5 stars

Medical Sector

617th out of 910 stocks

Pharmaceutical Preparations Industry

277th out of 426 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

This Apple-like Innovator is Revolutionizing Healthcare
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Ocuphire Pharma (NASDAQ:OCUP) Trading Down 4.3%
This Apple-like Innovator is Revolutionizing Healthcare
AI has infiltrated so many sectors, it's sent the demand for AI-friendly GPU computer chips rocketing. Nvidia has gone up more than 3x in the past year. It is now valued well over $2 trillion, making it one of the largest companies in the world.
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
4/23/2024
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
+1,141.8%
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
$37.96 million
Optionable
Optionable
Beta
0.34
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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 equities research 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 equities research 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 Wall Street analysts have issued 12-month price objectives for Ocuphire Pharma's shares. Their OCUP share price targets range from $17.00 to $20.00. On average, they anticipate the company's share price to reach $19.00 in the next twelve months. This suggests a possible upside of 1,141.8% 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 at the beginning of the year. Since then, OCUP shares have decreased by 49.2% and is now trading at $1.53.
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) issued its quarterly earnings results on Friday, March, 8th. The company reported ($0.21) earnings per share for the quarter, missing the consensus estimate of ($0.07) by $0.14. The firm earned $1.69 million during the quarter, compared to analysts' expectations of $3.47 million. Ocuphire Pharma had a negative trailing twelve-month return on equity of 22.30% and a negative net margin of 52.42%.

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 4/23/2024 by MarketBeat.com Staff

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