The stock of Olink Holding AB (publ) ADR (NASDAQ:OLK) last traded at $23.97, up 0.17% from the previous session.
OLK stock price is now 2.61% away from the 50-day moving average and 8.15% away from the 200-day moving average. The market capitalization of the company currently stands at $2.98B.
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With the price target of $27, Scotiabank recently initiated with Sector Outperform rating for Olink Holding AB (publ) ADR (NASDAQ: OLK). On December 14, 2022, Canaccord Genuity recently initiated its ‘Buy’ rating on the stock quoting a target price of $28, while ‘SVB Leerink’ rates the stock as ‘Outperform’
A total of 0.57% of the company’s stock is owned by insiders.
During the past 12 months, Olink Holding AB (publ) ADR has had a low of $14.10 and a high of $26.01. As of last week, the company has a debt-to-equity ratio of 0.06, a current ratio of 5.60, and a quick ratio of 3.91. The fifty day moving average price for OLK is $23.3615 and a two-hundred day moving average price translates $22.207726 for the stock.
The latest earnings results from Olink Holding AB (publ) ADR (NASDAQ: OLK) was released for 2024-03-31. According to the Diagnostics & Research Company, earnings per share came in at -0.07, beating analysts’ expectations of -0.1 by 0.03. This compares to -$0.11 EPS in the same period last year. The net profit margin was -19.62% and return on equity was -7.01% for OLK. The company reported revenue of $28.75 million for the quarter, compared to $27.46 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 4.71 percent. For the current quarter, analysts expect OLK to generate $37.12M in revenue.
