Closing Figures: Opko Health Inc (OPK)’s Negative Finish at 1.21, Down -1.63

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After finishing at $1.23 in the prior trading day, Opko Health Inc (NASDAQ: OPK) closed at $1.21, down -1.63%. In other words, the price has decreased by -$1.63 from its previous closing price. On the day, 1.39 million shares were traded. OPK stock price reached its highest trading level at $1.235 during the session, while it also had its lowest trading level at $1.21.

Ratios:

Our goal is to gain a better understanding of OPK by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.62 and its Current Ratio is at 1.91. In the meantime, Its Debt-to-Equity ratio is 0.33 whereas as Long-Term Debt/Eq ratio is at 0.31.

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 May 23 ’24 when FROST PHILLIP MD ET AL bought 100,000 shares for $1.27 per share. The transaction valued at 126,937 led to the insider holds 211,232,222 shares of the business.

FROST PHILLIP MD ET AL bought 163,997 shares of OPK for $211,195 on May 17 ’24. The CEO & Chairman now owns 211,132,222 shares after completing the transaction at $1.29 per share. On Mar 18 ’24, another insider, FROST PHILLIP MD ET AL, who serves as the CEO & Chairman of the company, bought 500,000 shares for $0.87 each. As a result, the insider paid 437,100 and bolstered with 210,968,225 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 857299520 and an Enterprise Value of 1187297920. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.05 while its Price-to-Book (P/B) ratio in mrq is 0.67. Its current Enterprise Value per Revenue stands at 1.485 whereas that against EBITDA is -12.577.

Stock Price History:

The Beta on a monthly basis for OPK is 1.65, which has changed by -0.42380953 over the last 52 weeks, in comparison to a change of 0.23886502 over the same period for the S&P500. 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 -6.48%, while the 200-Day Moving Average is calculated to be -4.83%.

Shares Statistics:

The stock has traded on average 4.37M shares per day over the past 3-months and 3397580 shares per day over the last 10 days, according to various share statistics. A total of 773.28M shares are outstanding, with a floating share count of 327.54M. Insiders hold about 53.01% of the company’s shares, while institutions hold 25.76% stake in the company. Shares short for OPK as of 1718323200 were 87483859 with a Short Ratio of 20.00, compared to 1715731200 on 85228854. Therefore, it implies a Short% of Shares Outstanding of 87483859 and a Short% of Float of 23.61.

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