Bank OZK (NASDAQ:OZK) currently has a daily average trading volume of 1.21M but it saw 1806165 shares traded in last market. With a market cap of 5.18B USD, the company’s current market price of $45.66 came rising about 2.17 while comparing to the previous closing price of $44.69. In past 52 weeks, the stock remained buoying in the range of price level as high as $52.36 and as low as $34.76. In the recent trading on the day, stock has struck highest price mark of $44.91 while lowest mark touched by it was $46.32.
Taking a look at 20-day trading activity of Bank OZK (OZK) gives us an average price of $42.57, while its current price level is -12.80% below from 52-week high level whereas it is 31.36% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $41.95 while that of 200 days or SMA-200 reads an average of $43.55. A closer look into the stock’s movement over the week reveals that its volatility is standing at 3.25% during that period while stretching the period over a month that decreases to 2.89%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 67.46 which implies that the stock is in neutral territory.
Citigroup downgraded its recommendation for the stock as a “Sell” from “Buy” on May 29, 2024 while assigning a price target range of $57-$37.
Over the week, OZK’s stock price is moving 8.61% up while it is 8.40% when we observe its performance for the past one month. Year-to-date it is -8.37% down and over the past year, the stock is showing an upside performance of 23.14%.
Currently, Bank OZK’s total number of outstanding shares is 113.15M. Company’s return on investment (ROI) stands at 10.92% and return on equity (ROE) at 13.74%. It has a price to earnings ratio (P/E ratio) of 7.58 while having a 7.60 of forward P/E ratio. Stock’s beta reads 1.16. Stock has a price to book (P/B) ratio of 1.02 while price to sale or P/S ratio amounts to 1.99. Its return on asset (ROA) is 2.08% on average.
