Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
In the latest session, Opko Health Inc (NASDAQ: OPK) closed at $1.54 down -2.53% from its previous closing price of $1.58. In other words, the price has decreased by -$2.53 from its previous closing price. On the day, 2.94 million shares were traded. OPK stock price reached its highest trading level at $1.585 during the session, while it also had its lowest trading level at $1.52.
Ratios:
For a deeper understanding of Opko Health Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 2.69 and its Current Ratio is at 2.97. In the meantime, Its Debt-to-Equity ratio is 0.37 whereas as Long-Term Debt/Eq ratio is at 0.35.
On December 15, 2022, H.C. Wainwright started tracking the stock assigning a Buy rating and target price of $3.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Nov 29 ’24 when FROST PHILLIP MD ET AL bought 199,072 shares for $1.53 per share. The transaction valued at 305,376 led to the insider holds 211,911,477 shares of the business.
FROST PHILLIP MD ET AL bought 100,000 shares of OPK for $159,000 on Nov 22 ’24. The CEO & Chairman now owns 211,712,405 shares after completing the transaction at $1.59 per share. On Nov 14 ’24, another insider, FROST PHILLIP MD ET AL, who serves as the CEO & Chairman of the company, bought 100,000 shares for $1.62 each. As a result, the insider paid 161,980 and bolstered with 211,612,405 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 1063024960 and an Enterprise Value of 1163260928. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.44 while its Price-to-Book (P/B) ratio in mrq is 0.75. Its current Enterprise Value per Revenue stands at 1.635 whereas that against EBITDA is -5.556.
Stock Price History:
Over the past 52 weeks, OPK has reached a high of $1.75, while it has fallen to a 52-week low of $0.85. The 50-Day Moving Average of the stock is 1.74%, while the 200-Day Moving Average is calculated to be 13.63%.
Shares Statistics:
For the past three months, OPK has traded an average of 3.72M shares per day and 5106870 over the past ten days. A total of 773.28M shares are outstanding, with a floating share count of 318.00M. Insiders hold about 53.40% of the company’s shares, while institutions hold 29.08% stake in the company. Shares short for OPK as of 1731628800 were 95640258 with a Short Ratio of 25.70, compared to 1728950400 on 92938245. Therefore, it implies a Short% of Shares Outstanding of 95640258 and a Short% of Float of 27.62.
