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After finishing at $1.48 in the prior trading day, Opko Health Inc (NASDAQ: OPK) closed at $1.50, up 1.35%. In other words, the price has increased by $1.35 from its previous closing price. On the day, 3.67 million shares were traded. OPK stock price reached its highest trading level at $1.53 during the session, while it also had its lowest trading level at $1.4404.
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 Sep 17 ’24 when OPKO HEALTH, INC. bought 13,404 shares for $40.88 per share.
OPKO HEALTH, INC. sold 50,000 shares of OPK for $1,724,520 on Aug 19 ’24. The 10% Owner now owns 2,646,972 shares after completing the transaction at $34.49 per share. On Aug 16 ’24, another insider, OPKO HEALTH, INC., who serves as the 10% Owner of the company, sold 50,000 shares for $34.30 each. As a result, the insider received 1,714,850 and left with 2,696,972 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 1037980544 and an Enterprise Value of 1274937088. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.46 while its Price-to-Book (P/B) ratio in mrq is 0.75. Its current Enterprise Value per Revenue stands at 1.78 whereas that against EBITDA is -7.706.
Stock Price History:
Over the past 52 weeks, OPK has reached a high of $1.75, while it has fallen to a 52-week low of $0.85. The 50-Day Moving Average of the stock is -1.08%, while the 200-Day Moving Average is calculated to be 16.71%.
Shares Statistics:
The stock has traded on average 3.38M shares per day over the past 3-months and 4078040 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 325.95M. Insiders hold about 53.26% of the company’s shares, while institutions hold 29.02% stake in the company. Shares short for OPK as of 1724976000 were 97500795 with a Short Ratio of 28.86, compared to 1722384000 on 87311445. Therefore, it implies a Short% of Shares Outstanding of 97500795 and a Short% of Float of 26.680002.
