A new trading day began on Tuesday, with Option Care Health Inc. (NASDAQ: OPCH) stock price up 0.73% from the previous day of trading, before settling in for the closing price of $27.34. OPCH’s price has ranged from $26.17 to $35.74 over the past 52 weeks.
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Annual sales at Healthcare sector company grew by 17.51% over the past five years. Meanwhile, its annual earnings per share averaged -20.05%. With a float of $172.30 million, this company’s outstanding shares have now reached $174.58 million.
Let’s look at the performance matrix of the company that is accounted for 5809 employees.
Option Care Health Inc. (OPCH) Insider and Institutional Ownership
As we move forward, let’s examine how large-scale investors are investing in this stock of the Medical Care Facilities Industry. The insider ownership of Option Care Health Inc. is 0.87%, while institutional ownership is 97.31%. The most recent insider transaction that took place on Feb 28 ’24, was worth 62,944. In this transaction Chief Human Resources Officer of this company sold 1,984 shares at a rate of $31.73, taking the stock ownership to the 43,428 shares. Before that another transaction happened on Feb 26 ’24, when Company’s Director bought 35,000 for $31.55, making the entire transaction worth $1,104,352. This insider now owns 269,528 shares in total.
Option Care Health Inc. (OPCH) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around -20.05% per share during the next fiscal year.
Option Care Health Inc. (NASDAQ: OPCH) Trading Performance Indicators
Here are Option Care Health Inc.’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 1.39. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.08. Likewise, its price to free cash flow for the trailing twelve months is 28.02.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.52, a number that is poised to hit 0.27 in the next quarter and is forecasted to reach 1.37 in one year’s time.
Technical Analysis of Option Care Health Inc. (OPCH)
Option Care Health Inc. (NASDAQ: OPCH) saw its 5-day average volume 2.71 million, a positive change from its year-to-date volume of 1.35 million. As of the previous 9 days, the stock’s Stochastic %D was 13.02%. Additionally, its Average True Range was 0.68.
During the past 100 days, Option Care Health Inc.’s (OPCH) raw stochastic average was set at 4.45%, which indicates a significant decrease from 16.92% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 19.34% in the past 14 days, which was lower than the 25.00% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $29.22, while its 200-day Moving Average is $31.06. Nevertheless, the first resistance level for the watch stands at $27.68 in the near term. At $27.82, the stock is likely to face the second major resistance level. The third major resistance level sits at $27.96. If the price goes on to break the first support level at $27.39, it is likely to go to the next support level at $27.25. The third support level lies at $27.11 if the price breaches the second support level.
Option Care Health Inc. (NASDAQ: OPCH) Key Stats
With a market capitalization of 4.79 billion, the company has a total of 173,816K Shares Outstanding. Currently, annual sales are 4,302 M while annual income is 267,090 K. The company’s previous quarter sales were 1,146 M while its latest quarter income was 44,790 K.
