On Monday, Opko Health Inc (NASDAQ: OPK) opened higher 5.63% from the last session, before settling in for the closing price of $1.42. Price fluctuations for OPK have ranged from $0.85 to $1.75 over the past 52 weeks.
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It was noted that within the last five years, the titan of the Healthcare sector saw sales topped by 3.29%. Company’s average yearly earnings per share was noted -20.67% at the time writing. With a float of $325.95 million, this company’s outstanding shares have now reached $773.28 million.
The extent of productivity of a business whose workforce counts for 3930 workers is very important to gauge. 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 Updates
A key investor’s attitude towards the stock of the Diagnostics & Research industry is another important factor to consider. The insider ownership of Opko Health Inc is 53.26%, while institutional ownership is 29.34%. 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) Performance Highlights and Predictions
If we go through the results of last quarter, which was made public on 6/30/2024, the company posted -0.11 earnings per share (EPS) for the quarter, coming under the agreed prediction (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 -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
Check out the current performance indicators for Opko Health Inc (OPK). In the past quarter, the stock posted a quick ratio of 1.36. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.46.
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)
The latest stats from [Opko Health Inc, OPK] show that its last 5-days average volume of 3.1 million was inferior to 7.13 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 51.18%. Additionally, its Average True Range was 0.06.
During the past 100 days, Opko Health Inc’s (OPK) raw stochastic average was set at 55.86%, which indicates a significant decrease from 62.54% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 34.78% in the past 14 days, which was lower than the 43.17% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.5350, while its 200-day Moving Average is $1.2911. Now, the first resistance to watch is $1.5283. This is followed by the second major resistance level at $1.5567. The third major resistance level sits at $1.6133. If the price goes on to break the first support level at $1.4433, it is likely to go to the next support level at $1.3867. Assuming the price breaks the second support level, the third support level stands at $1.3583.
Opko Health Inc (NASDAQ: OPK) Key Stats
There are currently 696,992K shares outstanding in the company with a market cap of 1.05 billion. Presently, the company’s annual sales total 863,500 K according to its annual income of -188,860 K. Last quarter, the company’s sales amounted to 182,190 K and its income totaled -10,310 K.
