The stock of Opko Health Inc (NASDAQ:OPK) last traded at $1.61, down -0.62% from the previous session.
OPK stock price is now 16.84% away from the 50-day moving average and 26.98% away from the 200-day moving average. The market capitalization of the company currently stands at $1.12B.
Top 5 Artificial Intelligence Stocks to Buy for 2024
By now, you're well aware of the artificial intelligence boom. You know Big Tech has been investing billions of dollars into it.
According to Next Move Strategy Consulting, the AI market – currently valued at about $100 billion – cold grow twenty-fold by 2030 to more than $2 trillion. That means you may want to strongly consider these top AI stocks. Get our free report, "Top 5 AI Stocks to Buy in 2024."
Click here to automatically get the our FREE Report & Special Offer "5 Best AI Stocks to Invest In"
Sponsored
With the price target maintained at $2, Barrington Research recently Upgraded its rating from Mkt Perform to Outperform for Opko Health Inc (NASDAQ: OPK). On December 15, 2022, H.C. Wainwright recently initiated its ‘Buy’ rating on the stock quoting a target price of $3, while ‘Barrington Research’ rates the stock as ‘Mkt Perform’
In other news, OPKO HEALTH, INC., 10% Owner sold 50,000 shares of the company’s stock on Aug 19 ’24. The stock was sold for $1,724,520 at an average price of $34.49. Upon completion of the transaction, the 10% Owner now directly owns 2,646,972 shares in the company, valued at $4.26 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Aug 16 ’24, 10% Owner OPKO HEALTH, INC. sold 50,000 shares of the business’s stock. A total of $1,714,850 was realized by selling the stock at an average price of $34.30. This leaves the insider owning 2,696,972 shares of the company worth $4.34 million. A total of 53.36% of the company’s stock is owned by insiders.
During the past 12 months, Opko Health Inc has had a low of $0.85 and a high of $1.90. As of last week, the company has a debt-to-equity ratio of 0.19, a current ratio of 1.63, and a quick ratio of 1.36. The fifty day moving average price for OPK is $1.384 and a two-hundred day moving average price translates $1.26945 for the stock.
The latest earnings results from Opko Health Inc (NASDAQ: OPK) was released for 2024-06-30. The net profit margin was -33.94% and return on equity was -16.59% for OPK. The company reported revenue of $182.19 million for the quarter, compared to $265.42 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -31.36 percent.
