$1.47M in average volume shows that Option Care Health Inc. (OPCH) is heading in the right direction

Option Care Health Inc. (NASDAQ: OPCH) kicked off on Monday, down -2.57% from the previous trading day, before settling in for the closing price of $29.15. Over the past 52 weeks, OPCH has traded in a range of $26.11-$34.62.

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Healthcare Sector giant saw their annual sales surged by 17.51% over the last five years. While this was happening, its average annual earnings per share was recorded -17.75%. With a float of $169.45 million, this company’s outstanding shares have now reached $174.58 million.

The firm has a total of 5809 workers. Let’s measure their productivity. In terms of profitability, gross margin is 20.9%, operating margin of 6.87%, and the pretax margin is 6.06%.

Option Care Health Inc. (OPCH) Insider Activity

Our next focus will be how large-scale investors are participating in this stock of the Medical Care Facilities Industry. The insider ownership of Option Care Health Inc. is 0.92%, while institutional ownership is 101.90%. The most recent insider transaction that took place on Sep 03 ’24, was worth 47,421. In this transaction Director of this company sold 1,465 shares at a rate of $32.37, taking the stock ownership to the 36,126 shares. Before that another transaction happened on Aug 22 ’24, when Company’s Chief Financial Officer sold 23,217 for $30.95, making the entire transaction worth $718,501. This insider now owns 247,317 shares in total.

Option Care Health Inc. (OPCH) Earnings and Forecasts

According to the Wall Street analysts, stocks earnings will be around -17.75% per share during the next fiscal year.

Option Care Health Inc. (NASDAQ: OPCH) Trading Performance Indicators

Take a look at Option Care Health Inc.’s (OPCH) 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 1.06. Likewise, its price to free cash flow for the trailing twelve months is 24.91.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.19, a number that is poised to hit 0.31 in the next quarter and is forecasted to reach 1.40 in one year’s time.

Technical Analysis of Option Care Health Inc. (OPCH)

Analysing the last 5-days average volume posted by the [Option Care Health Inc., OPCH], we can find that recorded value of 1.28 million was lower than the volume posted last year of 1.39 million. As of the previous 9 days, the stock’s Stochastic %D was 5.15%. Additionally, its Average True Range was 0.80.

During the past 100 days, Option Care Health Inc.’s (OPCH) raw stochastic average was set at 33.00%, which indicates a significant increase from 6.10% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 21.73% in the past 14 days, which was lower than the 28.38% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $31.10, while its 200-day Moving Average is $31.00. Now, the first resistance to watch is $29.01. This is followed by the second major resistance level at $29.62. The third major resistance level sits at $30.05. If the price goes on to break the first support level at $27.97, it is likely to go to the next support level at $27.54. Should the price break the second support level, the third support level stands at $26.93.

Option Care Health Inc. (NASDAQ: OPCH) Key Stats

The company with the Market Capitalisation of 4.86 billion has total of 173,816K Shares Outstanding. Its annual sales at the moment are 4,302 M in contrast with the sum of 267,090 K annual income. Company’s last quarter sales were recorded 1,227 M and last quarter income was 53,040 K.