On Monday, Olink Holding AB (publ) ADR (NASDAQ: OLK) opened higher 2.82% from the last session, before settling in for the closing price of $24.85. Price fluctuations for OLK have ranged from $14.10 to $26.01 over the past 52 weeks.
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Annual sales at Healthcare sector company grew by 43.40% over the past five years. Company’s average yearly earnings per share was noted 21.19% at the time writing. With a float of $123.64 million, this company’s outstanding shares have now reached $124.34 million.
Let’s look at the performance matrix of the company that is accounted for 707 employees.
Olink Holding AB (publ) ADR (OLK) Insider Updates
A key investor’s attitude towards the stock of the Diagnostics & Research industry is another important factor to consider. The insider ownership of Olink Holding AB (publ) ADR is 0.57%, while institutional ownership is 30.82%.
Olink Holding AB (publ) ADR (OLK) Performance Highlights and Predictions
If we go through the results of last quarter, which was made public on 3/31/2024, the company posted -0.07 earnings per share (EPS) for the quarter, besting the agreed prediction (set at -0.1) by 0.03. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.03 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 21.19% per share during the next fiscal year.
Olink Holding AB (publ) ADR (NASDAQ: OLK) Trading Performance Indicators
Check out the current performance indicators for Olink Holding AB (publ) ADR (OLK). In the past quarter, the stock posted a quick ratio of 3.91. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 18.54.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.27, a number that is poised to hit -0.13 in the next quarter and is forecasted to reach -0.05 in one year’s time.
Technical Analysis of Olink Holding AB (publ) ADR (OLK)
Olink Holding AB (publ) ADR (NASDAQ: OLK) saw its 5-day average volume 1.12 million, a positive change from its year-to-date volume of 0.58 million. As of the previous 9 days, the stock’s Stochastic %D was 86.76%. Additionally, its Average True Range was 0.42.
During the past 100 days, Olink Holding AB (publ) ADR’s (OLK) raw stochastic average was set at 95.09%, which indicates a significant increase from 89.30% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 13.06% in the past 14 days, which was lower than the 20.22% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $23.56, while its 200-day Moving Average is $22.85. Nevertheless, the first resistance level for the watch stands at $25.70 in the near term. At $25.85, the stock is likely to face the second major resistance level. The third major resistance level sits at $25.95. If the price goes on to break the first support level at $25.45, it is likely to go to the next support level at $25.35. Assuming the price breaks the second support level, the third support level stands at $25.20.
Olink Holding AB (publ) ADR (NASDAQ: OLK) Key Stats
There are currently 124,343K shares outstanding in the company with a market cap of 3.18 billion. Presently, the company’s annual sales total 169,600 K according to its annual income of -31,600 K. Last quarter, the company’s sales amounted to 28,750 K and its income totaled -16,060 K.
