The price of Outlook Therapeutics Inc (NASDAQ: OTLK) closed at $10.26 in the last session, down -14.07% from day before closing price of $11.94. In other words, the price has decreased by -$1.68 from its previous closing price. On the day, 1180917 shares were traded. OTLK stock price reached its highest trading level at $12.85 during the session, while it also had its lowest trading level at $10.00.
Ratios:
We take a closer look at OTLK’s different ratios to gain a better understanding of the stock. 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:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Mar 28 ’24 when Haddadin Yezan Munther bought 1,882 shares for $11.82 per share. The transaction valued at 22,242 led to the insider holds 5,049 shares of the business.
Evanson Jeff bought 62,484 shares of OTLK for $26,243 on Mar 07 ’24. The CHIEF COMMERCIAL OFFICER now owns 808,459 shares after completing the transaction at $0.42 per share. On Apr 20 ’23, another insider, Dagnon Terry, who serves as the Chief Operations Officer of the company, sold 520,000 shares for $1.14 each. As a result, the insider received 590,200 and left with 653,058 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, OTLK now has a Market Capitalization of 257.72M and an Enterprise Value of 283.90M. Its current Enterprise Value per Revenue stands at 23.71 whereas that against EBITDA is -5.46.
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 8.18, while the 200-Day Moving Average is calculated to be 14.32.
Shares Statistics:
According to the various share statistics, OTLK traded on average about 557.52K shares per day over the past 3-months and 2.87M shares per day over the past 10 days. A total of 13.01M shares are outstanding, with a floating share count of 7.40M. Insiders hold about 43.15% of the company’s shares, while institutions hold 27.76% stake in the company. Shares short for OTLK as of Mar 15, 2024 were 785.3k with a Short Ratio of 1.41, compared to 659.92k on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 6.03% and a Short% of Float of 8.48%.
Earnings Estimates
The company has 6 analysts who recommend its stock at the moment. On average, analysts expect EPS of -$0.87 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 -$0.88, 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 -$3.39. EPS for the following year is -$2.02, with 5 analysts recommending between -$0.85 and -$3.
