Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
In other words, the price has increased by $0.00 from its previous closing price. On the day, 3.63 million shares were traded. OPK stock price reached its highest trading level at $1.2795 during the session, while it also had its lowest trading level at $1.22.
Ratios:
For a better understanding of OPK, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.22 and its Current Ratio is at 1.55. In the meantime, Its Debt-to-Equity ratio is 0.24 whereas as Long-Term Debt/Eq ratio is at 0.20.
On December 15, 2022, H.C. Wainwright started tracking the stock assigning a Buy rating and target price of $3.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Mar 18 ’24 when FROST PHILLIP MD ET AL bought 500,000 shares for $0.87 per share. The transaction valued at 437,100 led to the insider holds 210,968,225 shares of the business.
FROST PHILLIP MD ET AL bought 500,000 shares of OPK for $444,300 on Mar 14 ’24. The CEO & Chairman now owns 210,468,225 shares after completing the transaction at $0.89 per share. On Mar 13 ’24, another insider, FROST PHILLIP MD ET AL, who serves as the CEO & Chairman of the company, bought 500,000 shares for $0.93 each. As a result, the insider paid 463,750 and bolstered with 209,968,225 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 857300160 and an Enterprise Value of 1088000768. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.99 while its Price-to-Book (P/B) ratio in mrq is 0.68. Its current Enterprise Value per Revenue stands at 1.26 whereas that against EBITDA is -20.622.
Stock Price History:
Over the past 52 weeks, OPK has reached a high of $2.24, while it has fallen to a 52-week low of $0.85. The 50-Day Moving Average of the stock is 14.42%, while the 200-Day Moving Average is calculated to be -12.79%.
Shares Statistics:
Over the past 3-months, OPK traded about 9.32M shares per day on average, while over the past 10 days, OPK traded about 6237880 shares per day. A total of 773.28M shares are outstanding, with a floating share count of 327.73M. Insiders hold about 52.98% of the company’s shares, while institutions hold 27.18% stake in the company. Shares short for OPK as of 1711584000 were 93606133 with a Short Ratio of 10.05, compared to 1709164800 on 99062998. Therefore, it implies a Short% of Shares Outstanding of 93606133 and a Short% of Float of 25.259999999999998.
Earnings Estimates
At present, Opko Health, Inc. analysts are actively evaluating the performance of Opko Health Inc (OPK) in the stock market.The consensus estimate for the next quarter is $2.03, with high estimates of $82.29 and low estimates of $119.59.
