OCGN
Ocugen Inc. Healthcare - Biotechnology Investor Relations →
Ocugen Inc. (OCGN) closed at $1.33 as of 2026-02-02, trading 12.0% above its 200-week moving average of $1.19. The stock is currently moving closer to the line, down from 21.3% last week. The 14-week RSI sits at 42, indicating neutral momentum.
Over the past 535 weeks of data, OCGN has crossed below its 200-week moving average 2 times. On average, these episodes lasted 260 weeks. The average one-year return after crossing below was -36.1%, suggesting these dips have not historically been reliable buying opportunities for this stock.
With a market cap of $435 million, OCGN is a small-cap stock. Free cash flow yield is currently negative, meaning the company is burning cash. Return on equity stands at -289.9%. The stock trades at 120.9x book value.
Share count has increased 46.1% over three years, indicating dilution.
Over the past 10.3 years, a hypothetical investment of $100 in OCGN would have grown to $1, compared to $393 for the S&P 500. OCGN has returned -38.2% annualized vs 14.2% for the index, underperforming the broader market over this period.
Free cash flow has been declining. A deteriorating cash flow trend warrants extra scrutiny — the stock may be cheap for a reason.
Growth of $100: OCGN vs S&P 500
Monthly data normalized to $100 at start. Vertical dashed lines mark 200-week MA touches.
What Happens After OCGN Crosses Below the Line?
Across 2 historical episodes, buying OCGN when it crossed below its 200-week moving average produced an average return of -40.0% after 12 months (median -40.0%), compared to +8.0% for the S&P 500 over the same periods. After 24 months, the average return was -38.0% vs +32.0% for the index.
Each line shows $100 invested at the moment OCGN crossed below its 200-week MA. Bold blue = stock average. Gray dashed = S&P 500 average over same periods.
Historical Touches
OCGN has crossed below its 200-week MA 2 times with an average 1-year return of +-36.1% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| Nov 2015 | Sep 2025 | 515 | 99.7% | -36.1% | -99.4% |
| Nov 2025 | Dec 2025 | 4 | 9.9% | N/A | +11.8% |
| Average | 260 | — | +-36.1% | — |
Not financial advice. This is an educational tool. Past performance does not guarantee future results. Do your own research before making investment decisions.
Data as of Friday close, 2026-02-02