Outlook Therapeutics Inc (NASDAQ: OTLK) kicked off on Monday, down -0.98% from the previous trading day, before settling in for the closing price of $2.05. Over the past 52 weeks, OTLK has traded in a range of $0.87-$12.85.
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Healthcare Sector giant saw their annual sales slid by -25.00% over the last five years. While this was happening, its average annual earnings per share was recorded -2.19%. With a float of $15.23 million, this company’s outstanding shares have now reached $23.41 million.
The firm has a total of 24 workers. Let’s measure their productivity. In terms of profitability, gross margin is 0.0%, operating margin of 0.0%, and the pretax margin is 0.0%.
Outlook Therapeutics Inc (OTLK) Insider Activity
Our next focus will be how large-scale investors are participating in this stock of the Biotechnology Industry. The insider ownership of Outlook Therapeutics Inc is 35.60%, while institutional ownership is 35.68%. The most recent insider transaction that took place on Sep 26 ’24, was worth 28,446. In this transaction Chief Financial Officer of this company bought 5,000 shares at a rate of $5.69, taking the stock ownership to the 5,946 shares. Before that another transaction happened on Mar 28 ’24, when Company’s Director bought 1,882 for $11.82, making the entire transaction worth $22,242. This insider now owns 5,049 shares in total.
Outlook Therapeutics Inc (OTLK) Earnings and Forecasts
In the latest quarterly report, which was put into the public domain on 6/30/2024, the organization reported -0.94 earnings per share (EPS), higher than consensus estimate (set at -1.2) by 0.26. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.96 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -2.19% per share during the next fiscal year.
Outlook Therapeutics Inc (NASDAQ: OTLK) Trading Performance Indicators
Take a look at Outlook Therapeutics Inc’s (OTLK) current performance indicators. Last quarter, stock had a quick ratio of 1.07.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -10.75, a number that is poised to hit -0.80 in the next quarter and is forecasted to reach -2.37 in one year’s time.
Technical Analysis of Outlook Therapeutics Inc (OTLK)
Analysing the last 5-days average volume posted by the [Outlook Therapeutics Inc, OTLK], we can find that recorded value of 15.32 million was better than the volume posted last year of 0.67 million. As of the previous 9 days, the stock’s Stochastic %D was 22.99%. Additionally, its Average True Range was 0.58.
During the past 100 days, Outlook Therapeutics Inc’s (OTLK) raw stochastic average was set at 13.84%, which indicates a significant decrease from 20.21% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 435.68% in the past 14 days, which was higher than the 180.28% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $5.30, while its 200-day Moving Average is $7.22. Now, the first resistance to watch is $2.31. This is followed by the second major resistance level at $2.58. The third major resistance level sits at $2.75. If the price goes on to break the first support level at $1.87, it is likely to go to the next support level at $1.70. Should the price break the second support level, the third support level stands at $1.43.
Outlook Therapeutics Inc (NASDAQ: OTLK) Key Stats
The company with the Market Capitalisation of 48.02 million has total of 23,656K Shares Outstanding. Its annual sales at the moment are 0 K in contrast with the sum of -58,980 K annual income. Company’s last quarter sales were recorded 0 K and last quarter income was 44,410 K.
