A new trading day began on Monday, with Opko Health Inc (NASDAQ: OPK) stock price down -1.97% from the previous day of trading, before settling in for the closing price of $1.52. OPK’s price has ranged from $0.85 to $1.75 over the past 52 weeks.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Healthcare sector was 3.29%. Meanwhile, its annual earnings per share averaged -20.67%. With a float of $325.95 million, this company’s outstanding shares have now reached $773.28 million.
Considering the fact that the conglomerate employs 3930 people, you should pay attention to its efficiency factor.
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 53.26%, while institutional ownership is 29.05%. The most recent insider transaction that took place on Sep 17 ’24, was worth 547,956. Before that another transaction happened on Aug 19 ’24, when Company’s 10% Owner sold 50,000 for $34.49, making the entire transaction worth $1,724,520. This insider now owns 2,646,972 shares in total.
Opko Health Inc (OPK) Earnings and Forecasts
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According to the Wall Street analysts, stocks earnings will be around -20.67% 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 1.36. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.45.
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)
Compared to the last year’s volume of 7.62 million, its volume of 3.71 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 20.63%. Additionally, its Average True Range was 0.09.
During the past 100 days, Opko Health Inc’s (OPK) raw stochastic average was set at 57.14%, which indicates a significant increase from 16.28% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 41.47% in the past 14 days, which was lower than the 44.90% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.5220, while its 200-day Moving Average is $1.2830. Nevertheless, the first resistance level for the watch stands at $1.5100 in the near term. At $1.5300, the stock is likely to face the second major resistance level. The third major resistance level sits at $1.5500. If the price goes on to break the first support level at $1.4700, it is likely to go to the next support level at $1.4500. Should the price break the second support level, the third support level stands at $1.4300.
Opko Health Inc (NASDAQ: OPK) Key Stats
With a market capitalization of 1.04 billion, 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 182,190 K while its latest quarter income was -10,310 K.
