A new trading day began on Tuesday, with Opko Health Inc (NASDAQ: OPK) stock price remained unchanged from the previous day of trading, before settling in for the closing price of $1.36. OPK’s price has ranged from $0.85 to $2.24 over the past 52 weeks.
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Healthcare Sector giant saw their annual sales surged by 3.29% over the last five years. Meanwhile, its annual earnings per share averaged -49.33%. With a float of $327.54 million, this company’s outstanding shares have now reached $773.28 million.
The firm has a total of 3930 workers. Let’s measure their productivity.
Opko Health Inc (OPK) Insider Activity
As we move forward, let’s examine how large-scale investors are investing in this stock of the Diagnostics & Research Industry. The insider ownership of Opko Health Inc is 53.01%, while institutional ownership is 25.85%. The most recent insider transaction that took place on May 23 ’24, was worth 126,937. In this transaction CEO & Chairman of this company bought 100,000 shares at a rate of $1.27, taking the stock ownership to the 211,232,222 shares. Before that another transaction happened on May 17 ’24, when Company’s CEO & Chairman bought 163,997 for $1.29, making the entire transaction worth $211,195. This insider now owns 211,132,222 shares in total.
Opko Health Inc (OPK) Earnings and Forecasts
In its latest quarterly report, released on 3/31/2024, the company reported earnings of -0.03 per share, which was $0.1 higher than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.09 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -49.33% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 12.00% during the next five years compared to 1.56% growth over the previous five years of trading.
Opko Health Inc (NASDAQ: OPK) Trading Performance Indicators
Here are Opko Health Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 1.62. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.19.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.34, a number that is poised to hit -0.10 in the next quarter and is forecasted to reach -0.27 in one year’s time.
Technical Analysis of Opko Health Inc (OPK)
Analysing the last 5-days average volume posted by the [Opko Health Inc, OPK], we can find that recorded value of 2.7 million was lower than the volume posted last year of 11.1 million. As of the previous 9 days, the stock’s Stochastic %D was 90.48%. Additionally, its Average True Range was 0.06.
During the past 100 days, Opko Health Inc’s (OPK) raw stochastic average was set at 87.90%, which indicates a significant increase from 84.00% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 44.61% in the past 14 days, which was lower than the 95.92% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.2330, while its 200-day Moving Average is $1.3226. Now, the first resistance to watch is $1.3899. This is followed by the second major resistance level at $1.4199. The third major resistance level sits at $1.4397. If the price goes on to break the first support level at $1.3401, it is likely to go to the next support level at $1.3203. Should the price break the second support level, the third support level stands at $1.2903.
Opko Health Inc (NASDAQ: OPK) Key Stats
With a market capitalization of 947.91 million, the company has a total of 696,992K Shares Outstanding. Currently, annual sales are 863,500 K while annual income is -188,860 K. The company’s previous quarter sales were 173,690 K while its latest quarter income was -81,840 K.
