Market Update: Opko Health Inc (OPK) Sees Positive Movement, Closing at 1.52

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In the latest session, Opko Health Inc (NASDAQ: OPK) closed at $1.52 up 1.33% from its previous closing price of $1.50. In other words, the price has increased by $1.33 from its previous closing price. On the day, 2.63 million shares were traded. OPK stock price reached its highest trading level at $1.5426 during the session, while it also had its lowest trading level at $1.455.

Ratios:

For a deeper understanding of Opko Health Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.36 and its Current Ratio is at 1.63. In the meantime, Its Debt-to-Equity ratio is 0.19 whereas as Long-Term Debt/Eq ratio is at 0.17.

On December 15, 2022, H.C. Wainwright started tracking the stock assigning a Buy rating and target price of $3.

Insider Transactions:

Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Aug 08 ’24 when OPKO HEALTH, INC. sold 100,000 shares for $31.82 per share. The transaction valued at 3,182,380 led to the insider holds 2,871,570 shares of the business.

OPKO HEALTH, INC. sold 12,994 shares of OPK for $381,427 on Aug 06 ’24. The 10% Owner now owns 2,971,570 shares after completing the transaction at $29.35 per share. On Jul 31 ’24, another insider, OPKO HEALTH, INC., who serves as the 10% Owner of the company, sold 88,839 shares for $33.50 each. As a result, the insider received 2,976,346 and left with 2,984,564 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 1060011520 and an Enterprise Value of 1288884608. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.48 while its Price-to-Book (P/B) ratio in mrq is 0.76. Its current Enterprise Value per Revenue stands at 1.799 whereas that against EBITDA is -7.79.

Stock Price History:

Over the past 52 weeks, OPK has reached a high of $1.95, while it has fallen to a 52-week low of $0.85. The 50-Day Moving Average of the stock is 12.60%, while the 200-Day Moving Average is calculated to be 20.92%.

Shares Statistics:

For the past three months, OPK has traded an average of 3.39M shares per day and 3071940 over the past ten days. A total of 773.28M shares are outstanding, with a floating share count of 325.24M. Insiders hold about 53.36% of the company’s shares, while institutions hold 24.77% stake in the company. Shares short for OPK as of 1722384000 were 87311445 with a Short Ratio of 25.76, compared to 1719532800 on 84309829. Therefore, it implies a Short% of Shares Outstanding of 87311445 and a Short% of Float of 23.54.

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