As of close of business last night, Outlook Therapeutics Inc’s stock clocked out at $9.37, up 7.95% from its previous closing price of $8.68. In other words, the price has increased by $+0.69 from its previous closing price. On the day, 1468111 shares were traded.
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Ratios:
To gain a deeper understanding of OTLK’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.44 and its Current Ratio is at 0.44.
On February 15, 2024, Chardan Capital Markets Upgraded its rating to Buy which previously was Neutral but kept the price unchanged to $3.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Mar 07 ’24 when Evanson Jeff bought 62,484 shares for $0.42 per share. The transaction valued at 26,243 led to the insider holds 808,459 shares of the business.
Dagnon Terry sold 520,000 shares of OTLK for $590,200 on Apr 20 ’23. The Chief Operations Officer now owns 653,058 shares after completing the transaction at $1.14 per share.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, OTLK now has a Market Capitalization of 202.89M and an Enterprise Value of 229.08M. Its current Enterprise Value per Revenue stands at 23.71 whereas that against EBITDA is -4.41.
Stock Price History:
Over the past 52 weeks, OTLK has reached a high of $40.60, while it has fallen to a 52-week low of $4.00. The 50-Day Moving Average of the stock is 8.09, while the 200-Day Moving Average is calculated to be 14.42.
Shares Statistics:
It appears that OTLK traded 517.37K shares on average per day over the past three months and 2.77M shares per day over the past ten days. A total of 13.01M shares are outstanding, with a floating share count of 7.40M. Insiders hold about 43.14% of the company’s shares, while institutions hold 11.47% stake in the company. Shares short for OTLK as of Feb 29, 2024 were 582.13k with a Short Ratio of 1.52, compared to 678.41k on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 0.22% and a Short% of Float of 0.31%.
Earnings Estimates
As of right now, 5 analysts gave their recommendation on the stock of the company. On average, analysts expect EPS of -$0.85 for the current quarter, with a high estimate of -$0.43 and a low estimate of -$1.2, while EPS last year was -$0.6. The consensus estimate for the next quarter is -$0.85, with high estimates of -$0.6 and low estimates of -$1.2.
Analysts are recommending an EPS of between -$2 and -$4.2 for the fiscal current year, implying an average EPS of -$3.28. EPS for the following year is -$2.02, with 5 analysts recommending between -$0.85 and -$3.
