Analytical Overview: Opko Health Inc (OPK)’s Ratios Tell a Financial Story

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In other words, the price has increased by $0.00 from its previous closing price. On the day, 3.03 million shares were traded. OPK stock price reached its highest trading level at $1.6 during the session, while it also had its lowest trading level at $1.53.

Ratios:

To gain a deeper understanding of OPK’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.36 and its Current Ratio is at 1.63. In the meantime, Its Debt-to-Equity ratio is 0.19 whereas as Long-Term Debt/Eq ratio is at 0.17.

On December 15, 2022, H.C. Wainwright started tracking the stock assigning a Buy rating and target price of $3.

Insider Transactions:

Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Aug 19 ’24 when OPKO HEALTH, INC. sold 50,000 shares for $34.49 per share. The transaction valued at 1,724,520 led to the insider holds 2,646,972 shares of the business.

OPKO HEALTH, INC. sold 50,000 shares of OPK for $1,714,850 on Aug 16 ’24. The 10% Owner now owns 2,696,972 shares after completing the transaction at $34.30 per share. On Aug 15 ’24, another insider, OPKO HEALTH, INC., who serves as the 10% Owner of the company, sold 39,824 shares for $33.08 each. As a result, the insider received 1,317,505 and left with 2,746,972 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, OPK now has a Market Capitalization of 1080932736 and an Enterprise Value of 1309805824. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.51 while its Price-to-Book (P/B) ratio in mrq is 0.77. Its current Enterprise Value per Revenue stands at 1.828 whereas that against EBITDA is -7.916.

Stock Price History:

Over the past 52 weeks, OPK has reached a high of $1.90, while it has fallen to a 52-week low of $0.85. The 50-Day Moving Average of the stock is 13.85%, while the 200-Day Moving Average is calculated to be 22.72%.

Shares Statistics:

It appears that OPK traded 3.37M shares on average per day over the past three months and 3150730 shares per day over the past ten days. A total of 773.28M shares are outstanding, with a floating share count of 324.96M. Insiders hold about 53.40% of the company’s shares, while institutions hold 29.13% stake in the company. Shares short for OPK as of 1722384000 were 87311445 with a Short Ratio of 25.90, compared to 1719532800 on 84309829. Therefore, it implies a Short% of Shares Outstanding of 87311445 and a Short% of Float of 23.54.

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