Opko Health Inc (NASDAQ: OPK) is -13.58% lower on its value in year-to-date trading and has touched a low of $0.85 and a high of $2.24 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The OPK stock was last observed hovering at around $1.26 in the last trading session, with the day’s gains setting it 0.04%.
Currently trading at $1.30, the stock is 3.94% and 12.91% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.86 million and changing 3.57% at the moment leaves the stock -3.24% off its SMA200. OPK registered -24.13% loss for a year compared to 6-month loss of 3.57%.
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The stock witnessed a 6.10% gain in the last 1 month and extending the period to 3 months gives it a 30.50%, and is 0.38% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 5.19% over the week and 4.38% over the month.
Opko Health Inc (OPK) has around 3930 employees, a market worth around $909.57M and $799.60M in sales. Profit margin for the company is -31.57%. Distance from 52-week low is 53.24% and -41.74% from its 52-week high. The company has generated returns on investments over the last 12 months (-15.43%).
The EPS is expected to shrink by -49.33% this year.
Opko Health Inc (OPK) Top Institutional Holders
The shares outstanding are 773.28M, and float is at 327.73M with Short Float at 26.42%.
Opko Health Inc (OPK) Insider Activity
The most recent transaction is an insider purchase by FROST PHILLIP MD ET AL,the company’sCEO & Chairman. SEC filings show that FROST PHILLIP MD ET AL bought 500,000 shares of the company’s common stock on Mar 18 ’24 at a price of $0.87 per share for a total of $0.44 million. Following the purchase, the insider now owns 210.97 million shares.
Opko Health Inc disclosed in a document filed with the SEC on Mar 14 ’24 that FROST PHILLIP MD ET AL (CEO & Chairman) bought a total of 500,000 shares of the company’s common stock. The trade occurred on Mar 14 ’24 and was made at $0.89 per share for $0.44 million. Following the transaction, the insider now directly holds 210.47 million shares of the OPK stock.
Still, SEC filings show that on Mar 13 ’24, FROST PHILLIP MD ET AL (CEO & Chairman) acquired 500,000 shares at an average price of $0.93 for $0.46 million. The insider now directly holds 209,968,225 shares of Opko Health Inc (OPK).
