Opko Health Inc (NASDAQ: OPK) is 0.68% higher on its value in year-to-date trading and has touched a low of $0.86 and a high of $1.76 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The OPK stock was last observed hovering at around $1.53 in the last trading session, with the day’s loss setting it -0.05%.
Currently trading at $1.48, the stock is -2.25% and -4.10% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.4 million and changing -3.27% at the moment leaves the stock 2.95% off its SMA200. OPK registered 55.20% gain for a year compared to 6-month gain of 3.50%. The firm has a 50-day simple moving average (SMA 50) of $1.544 and a 200-day simple moving average (SMA200) of $1.4357.
The stock witnessed a -6.92% loss in the last 1 month and extending the period to 3 months gives it a 1.37%, and is 2.07% 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 5.33% over the week and 4.47% over the month.
Opko Health Inc (OPK) has around 3930 employees, a market worth around $1.01B and $711.40M in sales. Profit margin for the company is -18.80%. Distance from 52-week low is 72.07% and -15.91% from its 52-week high. The company has generated returns on investments over the last 12 months (-7.09%).
with sales reaching $155.42M over the same period.The EPS is expected to grow by 28.00% this year, but quarterly earnings will post -20.68% year-over-year. Quarterly sales are estimated to shrink -14.56% in year-over-year returns.
Opko Health Inc (OPK) Top Institutional Holders
296.0 institutions hold shares in Opko Health Inc (OPK), with institutional investors hold 61.45% of the company’s shares. The shares outstanding are 682.48M, and float is at 309.23M with Short Float at 29.53%. Institutions hold 27.97% 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
The most recent transaction is an insider purchase by FROST PHILLIP MD ET AL, the company’s CEO & Chairman. SEC filings show that FROST PHILLIP MD ET AL bought 125,000 shares of the company’s common stock on Dec 13 ’24 at a price of $1.59 per share for a total of $0.2 million. Following the purchase, the insider now owns 212.54 million shares.
Opko Health Inc disclosed in a document filed with the SEC on Dec 11 ’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 Dec 11 ’24 and was made at $1.56 per share for $0.78 million. Following the transaction, the insider now directly holds 212.41 million shares of the OPK stock.
Still, SEC filings show that on Nov 29 ’24, FROST PHILLIP MD ET AL (CEO & Chairman) acquired 199,072 shares at an average price of $1.53 for $0.31 million. The insider now directly holds 211,911,477 shares of Opko Health Inc (OPK).
