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The closing price of Opko Health Inc (NASDAQ: OPK) was $1.42 for the day, down -1.39% from the previous closing price of $1.44. In other words, the price has decreased by -$1.39 from its previous closing price. On the day, 3.12 million shares were traded. OPK stock price reached its highest trading level at $1.44 during the session, while it also had its lowest trading level at $1.38.
Ratios:
Our analysis of OPK’s different ratios will help us gain a deeper understanding of the company. 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:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Jul 05 ’24 when OPKO HEALTH, INC. sold 36,118 shares for $28.24 per share. The transaction valued at 1,020,016 led to the insider holds 3,433,403 shares of the business.
OPKO HEALTH, INC. sold 14,082 shares of OPK for $397,491 on Jul 03 ’24. The 10% Owner now owns 3,469,521 shares after completing the transaction at $28.23 per share. On Jul 02 ’24, another insider, OPKO HEALTH, INC., who serves as the 10% Owner of the company, sold 25,000 shares for $29.12 each. As a result, the insider received 728,095 and left with 3,483,603 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 1003667328 and an Enterprise Value of 1333666176. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.24 while its Price-to-Book (P/B) ratio in mrq is 0.79. Its current Enterprise Value per Revenue stands at 1.668 whereas that against EBITDA is -14.128.
Stock Price History:
Over the past 52 weeks, OPK has reached a high of $2.22, while it has fallen to a 52-week low of $0.85. The 50-Day Moving Average of the stock is 8.48%, while the 200-Day Moving Average is calculated to be 13.01%.
Shares Statistics:
OPK traded an average of 3.56M shares per day over the past three months and 3314262 shares per day over the past ten days. 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 27.11% stake in the company. Shares short for OPK as of 1719532800 were 84309829 with a Short Ratio of 23.67, compared to 1717113600 on 86696159. Therefore, it implies a Short% of Shares Outstanding of 84309829 and a Short% of Float of 22.760001.
