Skip to main content

Trade-Ideas LLC identified

Ocular Therapeutix



) as a weak on high relative volume candidate. In addition to specific proprietary factors, Trade-Ideas identified Ocular Therapeutix as such a stock due to the following factors:

  • OCUL has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $11.9 million.
  • OCUL has traded 133,265 shares today.
  • OCUL is trading at 2.32 times the normal volume for the stock at this time of day.
  • OCUL is trading at a new low 5.07% below yesterday's close.

'Weak on High Relative Volume' stocks are worth watching because major volume moves tend to indicate underlying activity such as material stock news, analyst downgrades, insider selling, selling from 'superinvestors,' or that hedge funds and traders are piling out of a stock ahead of a catalyst. Regardless of the impetus behind the price and volume action, when a stock moves with strength and volume it can indicate the start of a new trend on which early investors can capitalize (or avoid losses by trimming weak positions). In the event of a well-timed trading opportunity, combining technical indicators with fundamental trends and a disciplined trading methodology should help you take the first steps towards investment success.

EXCLUSIVE OFFER: Get the inside scoop on opportunities in OCUL with the Ticky from Trade-Ideas. See the FREE profile for OCUL NOW at Trade-Ideas

More details on OCUL:

TheStreet Recommends

Ocular Therapeutix, Inc., a biopharmaceutical company, focuses on the development and commercialization of therapies for diseases and conditions of the eye using its proprietary hydrogel platform technology in the United States. Currently there are 2 analysts that rate Ocular Therapeutix a buy, no analysts rate it a sell, and none rate it a hold.

The average volume for Ocular Therapeutix has been 462,800 shares per day over the past 30 days. Ocular Therapeutix has a market cap of $111.4 million and is part of the health care sector and drugs industry. Shares are down 53.4% year-to-date as of the close of trading on Friday.

EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.


TheStreet Quant Ratings

rates Ocular Therapeutix as a


. The company's weaknesses can be seen in multiple areas, such as its feeble growth in its earnings per share, deteriorating net income, weak operating cash flow and generally disappointing historical performance in the stock itself.

Highlights from the ratings report include:

  • OCULAR THERAPEUTIX INC's earnings per share declined by 25.7% in the most recent quarter compared to the same quarter a year ago. Earnings per share have declined over the last year. We anticipate that this should continue in the coming year. During the past fiscal year, OCULAR THERAPEUTIX INC reported poor results of -$1.70 versus -$1.04 in the prior year. For the next year, the market is expecting a contraction of 9.1% in earnings (-$1.86 versus -$1.70).
  • The company, on the basis of change in net income from the same quarter one year ago, has significantly underperformed when compared to that of the S&P 500 and the Pharmaceuticals industry. The net income has significantly decreased by 43.0% when compared to the same quarter one year ago, falling from -$7.58 million to -$10.84 million.
  • Despite any intermediate fluctuations, we have only bad news to report on this stock's performance over the last year: it has tumbled by 81.82%, worse than the S&P 500's performance. Consistent with the plunge in the stock price, the company's earnings per share are down 25.71% compared to the year-earlier quarter. Naturally, the overall market trend is bound to be a significant factor. However, in one sense, the stock's sharp decline last year is a positive for future investors, making it cheaper (in proportion to its earnings over the past year) than most other stocks in its industry. But due to other concerns, we feel the stock is still not a good buy right now.
  • Net operating cash flow has decreased to -$9.26 million or 34.55% when compared to the same quarter last year. Despite a decrease in cash flow OCULAR THERAPEUTIX INC is still fairing well by exceeding its industry average cash flow growth rate of -50.08%.
  • The return on equity has improved slightly when compared to the same quarter one year prior. This can be construed as a modest strength in the organization. Compared to other companies in the Pharmaceuticals industry and the overall market, OCULAR THERAPEUTIX INC's return on equity significantly trails that of both the industry average and the S&P 500.

EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.