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After finishing at $1.76 in the prior trading day, Outlook Therapeutics Inc (NASDAQ: OTLK) closed at $1.70, down -3.41%. In other words, the price has decreased by -$3.41 from its previous closing price. On the day, 0.6 million shares were traded. OTLK stock price reached its highest trading level at $1.78 during the session, while it also had its lowest trading level at $1.6606.
Ratios:
Our goal is to gain a better understanding of OTLK by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.57 and its Current Ratio is at 0.72.
On March 27, 2024, BTIG Research Upgraded its rating to Buy which previously was Neutral but kept the price unchanged to $50.
Chardan Capital Markets Upgraded its Neutral to Buy on February 15, 2024, while the target price for the stock was maintained at $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 26 ’24 when KENYON LAWRENCE A bought 5,000 shares for $5.69 per share. The transaction valued at 28,446 led to the insider holds 5,946 shares of the business.
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 57065600 and an Enterprise Value of 82827712.
Stock Price History:
The Beta on a monthly basis for OTLK is 0.30, which has changed by -0.7875 over the last 52 weeks, in comparison to a change of 0.11936104 over the same period for the S&P500. Over the past 52 weeks, OTLK has reached a high of $9.25, while it has fallen to a 52-week low of $0.87. The 50-Day Moving Average of the stock is 16.05%, while the 200-Day Moving Average is calculated to be -51.69%.
Shares Statistics:
The stock has traded on average 420.91K shares per day over the past 3-months and 603410 shares per day over the last 10 days, according to various share statistics. A total of 32.91M shares are outstanding, with a floating share count of 21.11M. Insiders hold about 37.11% of the company’s shares, while institutions hold 21.27% stake in the company. Shares short for OTLK as of 1745971200 were 3582430 with a Short Ratio of 8.51, compared to 1743379200 on 3751817. Therefore, it implies a Short% of Shares Outstanding of 3582430 and a Short% of Float of 14.46.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
