Beyond market averages, investors seeking exceptional growth focus on the art of stock selection. The right picks can significantly contribute to the expansion of your wealth.
The price of Opko Health Inc (NASDAQ: OPK) closed at $1.25 in the last session, down -3.85% from day before closing price of $1.30. In other words, the price has decreased by -$3.85 from its previous closing price. On the day, 5.44 million shares were traded. OPK stock price reached its highest trading level at $1.25 during the session, while it also had its lowest trading level at $1.15.
Ratios:
We take a closer look at OPK’s different ratios to gain a better understanding of the stock. 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:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. 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 871240000 and an Enterprise Value of 1273246848. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.09 while its Price-to-Book (P/B) ratio in mrq is 0.70. Its current Enterprise Value per Revenue stands at 1.592 whereas that against EBITDA is -13.562.
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 10.10%, while the 200-Day Moving Average is calculated to be -8.05%.
Shares Statistics:
According to the various share statistics, OPK traded on average about 8.37M shares per day over the past 3-months and 4449360 shares per day over the past 10 days. 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 27.53% stake in the company. Shares short for OPK as of 1713139200 were 78025679 with a Short Ratio of 9.32, compared to 1710460800 on 102157019. Therefore, it implies a Short% of Shares Outstanding of 78025679 and a Short% of Float of 21.059998999999998.
