Option Care Health Inc. (NASDAQ:OPCH) does about 1.27M shares in volume on a normal day but saw 1514864 shares change hands in Monday trading. The company now has a market cap of 5.26B USD. Its current market price is $30.25, marking an increase of 2.16% compared to the previous close of $29.61. The 52 week high reached by this stock is $35.74 whilst the lowest price level in 52 weeks is $24.23.
Option Care Health Inc. (OPCH) has a 20-day trading average at $30.95 and the current price is -15.36% off the 52-week high compared with 24.85% distance from its 52-week low. The 50-day simple moving average of the closing price is $31.89 and its 200-day simple moving average is $32.17. If we look at the stock’s price movements over the week, volatility stands at 4.42%, which decreases to 3.33% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 43.65 to suggest the stock is neutral.
The consensus objective for the share price is $39.45, suggesting that the stock has a potential upside of 23.32% over the period.
The company shares received a number of brokerage firm price updates over the past month, with the latest being on February 27, 2023 when Jefferies resumed the stock to “Buy” and issued a price target of $38. Goldman upgraded the stock to “Buy” from Neutral on July 19, 2021 at a price target of $20-$25. Deutsche Bank initiated its price target at $22.
Option Care Health Inc. (OPCH) stock is down -0.53% over the week and -9.81% over the past month. Its price is -10.21% year-to-date and -5.59% over the past year.
To reach the target analysts have set, the stock logically needs to grow 23.32 percent from here.
The company has a return on investment of 10.59% and return on equity of 19.62%. The price to earnings ratio (P/E ratio) amounts to 19.90 while the forward price to earnings ratio is 22.13. The beta has a value of 1.26. Price to book ratio is 3.68 and price to sales ratio is 1.19.
