Bank OZK (NASDAQ:OZK) currently has a daily average trading volume of 1.19M but it saw 924951 shares traded in last market. With a market cap of 5.04B USD, the company’s current market price of $44.39 came rising about 1.51 while comparing to the previous closing price of $43.73. 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 $43.4063 while lowest mark touched by it was $44.4.
Taking a look at 20-day trading activity of Bank OZK (OZK) gives us an average price of $43.23, while its current price level is -15.22% below from 52-week high level whereas it is 27.70% 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 $42.40 while that of 200 days or SMA-200 reads an average of $43.42. A closer look into the stock’s movement over the week reveals that its volatility is standing at 3.46% during that period while stretching the period over a month that decreases to 2.96%. 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 55.59 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 -5.07% down while it is 9.17% when we observe its performance for the past one month. Year-to-date it is -10.92% down and over the past year, the stock is showing an upside performance of 23.99%.
Currently, Bank OZK’s total number of outstanding shares is 113.15M. Company’s return on investment (ROI) stands at 11.16% and return on equity (ROE) at 13.52%. It has a price to earnings ratio (P/E ratio) of 7.30 while having a 7.49 of forward P/E ratio. Stock’s beta reads 1.16. Stock has a price to book (P/B) ratio of 0.96 while price to sale or P/S ratio amounts to 1.85. Its return on asset (ROA) is 2.02% on average.
