For those desiring to outshine the market, the strategic selection of individual stocks is paramount. Well-chosen stocks have the potential to substantially boost your wealth.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The closing price of Opko Health Inc (NASDAQ: OPK) was $1.52 for the day, up 2.01% from the previous closing price of $1.49. In other words, the price has increased by $2.01 from its previous closing price. On the day, 2.93 million shares were traded. OPK stock price reached its highest trading level at $1.54 during the session, while it also had its lowest trading level at $1.46.
Ratios:
Our analysis of OPK’s different ratios will help us gain a deeper understanding of the company. 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:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. 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 1051820224 and an Enterprise Value of 1288884608. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.48 while its Price-to-Book (P/B) ratio in mrq is 0.76. Its current Enterprise Value per Revenue stands at 1.799 whereas that against EBITDA is -7.79.
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 -0.13%, while the 200-Day Moving Average is calculated to be 18.48%.
Shares Statistics:
OPK traded an average of 3.35M shares per day over the past three months and 4251710 shares per day over the past ten days. 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 29.05% stake in the company. Shares short for OPK as of 1726185600 were 98227637 with a Short Ratio of 29.30, compared to 1723680000 on 90684499. Therefore, it implies a Short% of Shares Outstanding of 98227637 and a Short% of Float of 26.88.
