Opko Health Inc (NASDAQ: OPK) on Monday, soared 3.29% from the previous trading day, before settling in for the closing price of $1.52. Within the past 52 weeks, OPK’s price has moved between $0.85 and $1.75.
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A company in the Healthcare sector has jumped its sales by 3.29% annually for the last half of the decade. The company achieved an average annual earnings per share of 4.67%. With a float of $318.99 million, this company’s outstanding shares have now reached $773.28 million.
In an organization with 3930 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 19.66%, operating margin of -26.43%, and the pretax margin is -16.57%.
Opko Health Inc (OPK) Insider and Institutional Ownership
Observing investor behavior towards Diagnostics & Research industry stocks is more important than anything else. The insider ownership of Opko Health Inc is 53.26%, while institutional ownership is 29.98%. The most recent insider transaction that took place on Nov 08 ’24, was worth 421,535. In this transaction CEO & Chairman of this company bought 280,183 shares at a rate of $1.50, taking the stock ownership to the 211,512,405 shares. Before that another transaction happened on Sep 17 ’24, when Company’s 10% Owner proposed sale 13,404 for $40.88, making the entire transaction worth $547,956.
Opko Health Inc (OPK) Latest Financial update
As on 9/30/2024, Multinational firm has announced its last quarter scores, in which it reported -0.09 earnings per share (EPS) for the period topping the consensus outlook (set at -0.09) by 0. 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 4.67% 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
Opko Health Inc (OPK) is currently performing well based on its current performance indicators. A quick ratio of 2.69 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.58.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.19, a number that is poised to hit -0.08 in the next quarter and is forecasted to reach -0.29 in one year’s time.
Technical Analysis of Opko Health Inc (OPK)
Let’s dig in a bit further. During the last 5-days, its volume was 4.63 million. That was inferior than the volume of 6.99 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 58.44%. Additionally, its Average True Range was 0.08.
During the past 100 days, Opko Health Inc’s (OPK) raw stochastic average was set at 68.47%, which indicates a significant decrease from 80.00% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 52.75% in the past 14 days, which was higher than the 44.49% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.5136, while its 200-day Moving Average is $1.3173. However, in the short run, Opko Health Inc’s stock first resistance to watch stands at $1.6067. Second resistance stands at $1.6433. The third major resistance level sits at $1.7067. If the price goes on to break the first support level at $1.5067, it is likely to go to the next support level at $1.4433. The third support level lies at $1.4067 if the price breaches the second support level.
Opko Health Inc (NASDAQ: OPK) Key Stats
Market capitalization of the company is 1.12 billion based on 697,376K outstanding shares. Right now, sales total 863,500 K and income totals -188,860 K. The company made 182,190 K in profit during its latest quarter, and -10,310 K in sales during its previous quarter.
