Opko Health Inc (NASDAQ:OPK) currently has a daily average trading volume of 5.25M but it saw 2411574 shares traded in last market. With a market cap of 1.01B USD, the company’s current market price of $1.27 came falling about -2.31 while comparing to the previous closing price of $1.30. In past 52 weeks, the stock remained buoying in the range of price level as high as $2.04 and as low as $1.19.
Barrington Research upgraded its recommendation for the stock as a “Outperform” from “Mkt Perform” on June 29, 2023 while assigning a price target of $2. H.C. Wainwright also issued its recommendations for the stock as it initiated the price target for the stock is $3.
Over the week, OPK’s stock price is moving -4.51% down while it is -13.61% when we observe its performance for the past one month. Year-to-date it is -13.61% down and over the past year, the stock is showing a downside performance of -3.79%.
The company is expected to be releasing its next quarterly report in June, for which analysts forecasted an EPS of -0.1 while estimate for next year EPS is -0.37. In next quarter, company is expected to be making quarterly sales of $167.83M as analysts are expecting the sales for current fiscal year at $652.28M and seeing the company making $703.12M in sales next year. Moreover, analysts are in estimates of $165.74M for current-quarter revenue.
Currently, Opko Health Inc’s total number of outstanding shares is 671.61M with 46.81% of that held by the insiders while 31.11% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -2.33% and return on equity (ROE) at -3.04%. Stock’s beta reads 1.39. Stock has a price to book (P/B) ratio of 0.65 while price to sale or P/S ratio amounts to 1.46. Its return on asset (ROA) is -1.90% on average.