Metric Deep Dive: Understanding Opko Health Inc (OPK) Through its Ratios

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In other words, the price has increased by $0.00 from its previous closing price. On the day, 2.45 million shares were traded. OPK stock price reached its highest trading level at $1.68 during the session, while it also had its lowest trading level at $1.61.

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 1.36 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:

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 Aug 19 ’24 when OPKO HEALTH, INC. sold 50,000 shares for $34.49 per share. The transaction valued at 1,724,520 led to the insider holds 2,646,972 shares of the business.

OPKO HEALTH, INC. sold 50,000 shares of OPK for $1,714,850 on Aug 16 ’24. The 10% Owner now owns 2,696,972 shares after completing the transaction at $34.30 per share. On Aug 15 ’24, another insider, OPKO HEALTH, INC., who serves as the 10% Owner of the company, sold 39,824 shares for $33.08 each. As a result, the insider received 1,317,505 and left with 2,746,972 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 1121019008 and an Enterprise Value of 1358622208. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.58 while its Price-to-Book (P/B) ratio in mrq is 0.81. Its current Enterprise Value per Revenue stands at 1.897 whereas that against EBITDA is -8.211.

Stock Price History:

Over the past 52 weeks, OPK has reached a high of $1.84, while it has fallen to a 52-week low of $0.85. The 50-Day Moving Average of the stock is 12.82%, while the 200-Day Moving Average is calculated to be 26.55%.

Shares Statistics:

The stock has traded on average 3.27M shares per day over the past 3-months and 3158310 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 325.74M. Insiders hold about 53.29% of the company’s shares, while institutions hold 29.02% stake in the company. Shares short for OPK as of 1723680000 were 90684499 with a Short Ratio of 27.70, compared to 1721001600 on 83592139. Therefore, it implies a Short% of Shares Outstanding of 90684499 and a Short% of Float of 24.450001.

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