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The closing price of Opko Health Inc (NASDAQ: OPK) was $1.43 for the day, down -1.71% from the previous closing price of $1.46. In other words, the price has decreased by -$1.71 from its previous closing price. On the day, 3.02 million shares were traded. OPK stock price reached its highest trading level at $1.465 during the session, while it also had its lowest trading level at $1.42.
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 23 ’24 when OPKO HEALTH, INC. sold 75,000 shares for $33.46 per share. The transaction valued at 2,509,245 led to the insider holds 3,258,403 shares of the business.
OPKO HEALTH, INC. sold 50,000 shares of OPK for $1,630,440 on Jul 22 ’24. The 10% Owner now owns 3,333,403 shares after completing the transaction at $32.61 per share. On Jul 19 ’24, another insider, OPKO HEALTH, INC., who serves as the 10% Owner of the company, sold 25,000 shares for $32.29 each. As a result, the insider received 807,250 and left with 3,383,403 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 1017607296 and an Enterprise Value of 1344121088. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.25 while its Price-to-Book (P/B) ratio in mrq is 0.80. Its current Enterprise Value per Revenue stands at 1.681 whereas that against EBITDA is -14.239.
Stock Price History:
The Beta on a monthly basis for OPK is 1.66, which has changed by -0.19101125 over the last 52 weeks, in comparison to a change of 0.21656322 over the same period for the S&P500. Over the past 52 weeks, OPK has reached a high of $2.17, while it has fallen to a 52-week low of $0.85. The 50-Day Moving Average of the stock is 8.43%, while the 200-Day Moving Average is calculated to be 14.30%.
Shares Statistics:
OPK traded an average of 3.67M shares per day over the past three months and 4695400 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 25.67% stake in the company. Shares short for OPK as of 1719532800 were 84309829 with a Short Ratio of 22.97, compared to 1717113600 on 86696159. Therefore, it implies a Short% of Shares Outstanding of 84309829 and a Short% of Float of 22.760001.
