Stocks of Opko Health Inc (NASDAQ:OPK) traded higher last session on Wall Street, up 0.62% to $1.61.
OPK stock price is now 4.89% away from the 50-day moving average and 15.82% away from the 200-day moving average. The market capitalization of the company currently stands at $1.10B.
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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, FROST PHILLIP MD ET AL, CEO & Chairman bought 125,000 shares of the company’s stock on Dec 13 ’24. The stock was bought for $199,375 at an average price of $1.59. Upon completion of the transaction, the CEO & Chairman now directly owns 212,536,477 shares in the company, valued at $342.18 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Dec 11 ’24, CEO & Chairman FROST PHILLIP MD ET AL bought 500,000 shares of the business’s stock. A total of $781,050 was incurred on buying the stock at an average price of $1.56. This leaves the insider owning 212,411,477 shares of the company worth $341.98 million. A total of 54.67% 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 $1.76. As of last week, the company has a debt-to-equity ratio of 0.37, a current ratio of 2.97, and a quick ratio of 2.69. The fifty day moving average price for OPK is $1.5318 and a two-hundred day moving average price translates $1.3871 for the stock.
The latest earnings results from Opko Health Inc (NASDAQ: OPK) was released for 2024-09-30. The net profit margin was -18.80% and return on equity was -9.39% for OPK. The company reported revenue of $173.63 million for the quarter, compared to $178.59 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -2.78 percent.
