Opko Health Inc (NASDAQ: OPK) is -3.31% lower on its value in year-to-date trading and has touched a low of $0.85 and a high of $1.75 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 $1.48 in the last trading session, with the day’s loss setting it -0.02%.
Currently trading at $1.46, the stock is -1.22% and -4.25% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.63 million and changing -1.35% at the moment leaves the stock 11.70% off its SMA200. OPK registered 8.15% gain for a year compared to 6-month gain of 12.31%. The firm has a 50-day simple moving average (SMA 50) of $1.528 and a 200-day simple moving average (SMA200) of $1.305.
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The stock witnessed a 0.69% loss in the last 1 month and extending the period to 3 months gives it a 14.06%, and is -8.75% down 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 4.88% over the week and 4.49% over the month.
Opko Health Inc (OPK) has around 3930 employees, a market worth around $1.02B and $716.37M in sales. Profit margin for the company is -33.94%. Distance from 52-week low is 71.44% and -16.33% from its 52-week high. The company has generated returns on investments over the last 12 months (-14.92%).
with sales reaching $181.52M over the same period.The EPS is expected to shrink by -20.67% this year, but quarterly earnings will post -18.30% year-over-year. Quarterly sales are estimated to grow 1.60% in year-over-year returns.
Opko Health Inc (OPK) Top Institutional Holders
294.0 institutions hold shares in Opko Health Inc (OPK), with institutional investors hold 58.24% of the company’s shares. The shares outstanding are 773.28M, and float is at 325.95M with Short Float at 28.51%. Institutions hold 27.23% of the Float.
The top institutional shareholder in the company is RUBRIC CAPITAL MANAGEMENT LP with over 44.42 million shares valued at $55.53 million. The investor’s holdings represent 6.2843% of the OPK Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 29.25 million shares valued at $36.56 million to account for 4.1373 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 28.24 million shares representing 3.9953% and valued at over $35.3 million, while STATE STREET CORP holds 1.3508 of the shares totaling 9.55 million with a market value of $11.94 million.
Opko Health Inc (OPK) Insider Activity
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Opko Health Inc disclosed in a document filed with the SEC on Aug 19 ’24 that OPKO HEALTH, INC. (10% Owner) sold a total of 50,000 shares of the company’s common stock. The trade occurred on Aug 19 ’24 and was made at $34.49 per share for $1.72 million. Following the transaction, the insider now directly holds 2.65 million shares of the OPK stock.
Still, SEC filings show that on Aug 16 ’24, OPKO HEALTH, INC. (10% Owner) disposed off 50,000 shares at an average price of $34.30 for $1.71 million. The insider now directly holds 2,696,972 shares of Opko Health Inc (OPK).
