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Ocugen (NASDAQ:OCGN) Shares Down 4.6% - Should You Sell?
Ocugen (NASDAQ:OCGN) shares experienced a 4.6% drop on Monday, trading roughly at $2.37 with lower-than-average volume. Despite a “Moderate Buy” consensus rating from analysts, the company struggles with weak fundamentals including a negative net margin, high debt-to-equity, and projected negative EPS for the fiscal year. Institutional investors have been adjusting their positions, but the stock’s overall financial health remains a concern.