Organon (OGN) Just Overtook the 20-Day Moving Average
Organon & (OGN) ZACKS·2024-06-03 22:36
OGN has rallied 8.8% over the past four weeks, and the company is a Zacks Rank #1 (Strong Buy) at the moment. This combination suggests OGN could be on the verge of another move higher. The bullish case solidifies once investors consider OGN's positive earnings estimate revisions. No estimate has gone lower in the past two months for the current fiscal year, compared to 3 higher, while the consensus estimate has increased too. With a winning combination of earnings estimate revisions and hitting a key techn ...