Opko Health Inc (NASDAQ: OPK) kicked off on Monday, remained unchanged from the previous trading day, before settling in for the closing price of $1.56. Over the past 52 weeks, OPK has traded in a range of $0.85-$1.77.
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Annual sales at Healthcare sector company grew by 3.29% over the past five years. While this was happening, its average annual earnings per share was recorded -25.60%. With a float of $325.74 million, this company’s outstanding shares have now reached $773.28 million.
Let’s look at the performance matrix of the company that is accounted for 3930 employees. In terms of profitability, gross margin is 17.14%, operating margin of -37.22%, and the pretax margin is -34.15%.
Opko Health Inc (OPK) Insider and Institutional Ownership
Our next focus will be how large-scale investors are participating in this stock of the Diagnostics & Research Industry. The insider ownership of Opko Health Inc is 53.29%, while institutional ownership is 29.02%. The most recent insider transaction that took place on Aug 19 ’24, was worth 1,724,520. In this transaction 10% Owner of this company sold 50,000 shares at a rate of $34.49, taking the stock ownership to the 2,646,972 shares. Before that another transaction happened on Aug 16 ’24, when Company’s 10% Owner sold 50,000 for $34.30, making the entire transaction worth $1,714,850. This insider now owns 2,696,972 shares in total.
Opko Health Inc (OPK) Latest Financial update
In the latest quarterly report, which was put into the public domain on 6/30/2024, the organization reported -0.11 earnings per share (EPS), lower than consensus estimate (set at -0.1) by -0.01. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.08 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -25.60% 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
Take a look at Opko Health Inc’s (OPK) current performance indicators. Last quarter, stock had a quick ratio of 1.36. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.52.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.33, a number that is poised to hit -0.09 in the next quarter and is forecasted to reach -0.29 in one year’s time.
Technical Analysis of Opko Health Inc (OPK)
Opko Health Inc (NASDAQ: OPK) saw its 5-day average volume 3.07 million, a negative change from its year-to-date volume of 7.93 million. As of the previous 9 days, the stock’s Stochastic %D was 28.14%. Additionally, its Average True Range was 0.09.
During the past 100 days, Opko Health Inc’s (OPK) raw stochastic average was set at 70.09%, which indicates a significant increase from 28.57% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 37.77% in the past 14 days, which was lower than the 43.57% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.4599, while its 200-day Moving Average is $1.2830. Nevertheless, the first resistance level for the watch stands at $1.6099 in the near term. At $1.6599, the stock is likely to face the second major resistance level. The third major resistance level sits at $1.7198. If the price goes on to break the first support level at $1.5000, it is likely to go to the next support level at $1.4401. The third support level lies at $1.3901 if the price breaches the second support level.
Opko Health Inc (NASDAQ: OPK) Key Stats
The company with the Market Capitalisation of 1.09 billion has total of 696,992K Shares Outstanding. Its annual sales at the moment are 863,500 K in contrast with the sum of -188,860 K annual income. Company’s last quarter sales were recorded 182,190 K and last quarter income was -10,310 K.
