Immediately Add Oragenics, Inc. (NYSE American: OGEN) to Your Watchlist for This Morning!
Oragenics, Inc. (NYSE American: OGEN) Comes Stacked with Several Potential Catalysts Including:
Technical Indicators: Triggering 16 Bullish Signals On TradingView's Technical Analysis Tool For The 5-Minute Time Frame As Of August 7, 2024, Indicating Strong Positive Sentiment!
Low Float And Higher Growth Potential: Less Than 5.1M Shares In Float And A Market Cap Of Less Than $6M, Leading To Potential Price Swings And Higher Growth Compared To Larger Companies!
Innovative Biotechnology: Leading In Pharmaceutical Medication Delivery Via Nasal Systems, Focusing On Neurological Conditions And Infectious Diseases!
Breakthrough Formulation: Enhanced ONP-002 Formulation For Concussion Treatment Showcasing Oragenics' Innovative Capabilities And Improved Efficacy!
Pull Up Oragenics, Inc. (NYSE American: OGEN) Right Now
and Start Your Research!
Breaking News: Oragenics, Inc. (NYSE: OGEN) Announces FDA Clears for ONP-002!
August 8, 2024
Dear reader,
Pull up Oragenics, Inc. (NYSE: OGEN) right now as it's going green early!
Oragenics, Inc. (NYSE: OGEN) has announced that their lead concussion treatment candidate, ONP-002, has successfully passed FDA-required cardiotoxicity testing. This new chemical entity targets the brain via nasal delivery and has shown a strong cardiac safety margin in hERG studies conducted with Charles River Laboratories under GLP.
Michael Redmond, President of Oragenics, remarked, "ONP-002's safety profile allows us to move forward with Phase II trials, maintaining our commitment to safety throughout the process."
With an estimated 69 Mln concussions annually worldwide, ONP-002 has significant market potential.
Concussions, commonly caused by falls, vehicle accidents, and sports, result in substantial healthcare costs and are linked to long-term neurological disorders and disabilities.
See Full Story Here!
However, you need to hurry because there's less than 5.1M shares available in the float and it's currently trending above its 5-Day moving average of $.9545 and eying its 20-Day moving average of $1.0431.
Companies with a low float frequently have a large portion of their equity held by controlling insiders such as directors and employees, which leaves only a tiny percentage of shares available for the public.
That limited supply can cause significant price swings if demand changes quickly.
Oragenics, Inc. (NYSE American: OGEN) is also considered a nano-cap.
In general, nano-cap companies have market capitalizations of less than $50M.
Because nano-caps are significantly smaller than mid cap or large cap companies, they have a higher potential for growth.
As of 8/7/2024, Oragenics, Inc. (NYSE American: OGEN) has a market cap of less than $6M (approx.) according to FinViz.
Barchart is currently reporting the following moving averages for Oragenics, Inc. (NYSE American: OGEN):
5-Day: $.9545
20-Day: $1.0431
50-Day: $1.3140
100-Day: $1.3753
200-Day: $2.6266
Not to mention that as of this writing, on 8/7/2024, Oragenics, Inc. (NYSE American: OGEN) is triggering a staggering 16 Bullish Signals on TradingView's technical analysis tool for the 5-minute time frame.
Keep reading to see why you need to add Oragenics, Inc. (NYSE American: OGEN) to the top of your watchlist right now.
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