Bank OZK (NASDAQ:OZK) currently has a daily average trading volume of 1.20M but it saw 1463720 shares traded in last market. With a market cap of 5.43B USD, the company’s current market price of $47.87 came falling about -0.66 while comparing to the previous closing price of $48.19. In past 52 weeks, the stock remained buoying in the range of price level as high as $52.36 and as low as $36.99. In the recent trading on the day, stock has struck highest price mark of $47.85 while lowest mark touched by it was $49.42.
Taking a look at 20-day trading activity of Bank OZK (OZK) gives us an average price of $45.32, while its current price level is -8.58% below from 52-week high level whereas it is 29.41% 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 $43.34 while that of 200 days or SMA-200 reads an average of $43.27. A closer look into the stock’s movement over the week reveals that its volatility is standing at 3.65% during that period while stretching the period over a month that decreases to 3.03%. 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 60.29 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 -2.96% down while it is 7.12% when we observe its performance for the past one month. Year-to-date it is -3.93% down and over the past year, the stock is showing an upside performance of 26.98%.
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 7.87 while having a 8.07 of forward P/E ratio. Stock’s beta reads 1.16. Stock has a price to book (P/B) ratio of 1.03 while price to sale or P/S ratio amounts to 2.00. Its return on asset (ROA) is 2.02% on average.
