Oculis (NASDAQ:OCSAW) Trading 11.1% Higher – Here’s Why

Oculis Holding AG (NASDAQ:OCSAWGet Free Report) shares shot up 11.1% during mid-day trading on Wednesday . The company traded as high as $5.00 and last traded at $5.00. Approximately 277 shares traded hands during mid-day trading, a decline of 95% from the average session volume of 5,654 shares. The stock had previously closed at $4.50.

Oculis Trading Up 11.1%

The firm’s 50-day moving average price is $4.44 and its two-hundred day moving average price is $12.13.

Oculis Company Profile

(Get Free Report)

Oculis SA is a clinical‐stage biopharmaceutical company focused on developing disease‐modifying therapies for serious eye diseases. Utilizing its proprietary ocular formulation technologies, the company is advancing a pipeline of small‐molecule product candidates designed for topical or injectable delivery. Lead programs include OCS-01, a topical eye drop candidate for diabetic macular edema, and OCS-02, targeting diabetic retinopathy. Oculis also has OCS-05 in development for optic neuropathies and other retinal disorders, reflecting its commitment to addressing a broad spectrum of unmet needs in ophthalmology.

Founded in 2016 and headquartered in Geneva, Switzerland, Oculis operates research and development facilities in Europe and the United States.

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