Stocks of Opko Health Inc (NASDAQ:OPK) traded higher last session on Wall Street, up 4.00% to $1.56.
OPK stock price is now 2.13% away from the 50-day moving average and 7.49% away from the 200-day moving average. The market capitalization of the company currently stands at $1.06B.
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 47,537 shares of the company’s stock on Jan 28 ’25. The stock was bought for $70,060 at an average price of $1.47. Upon completion of the transaction, the CEO & Chairman now directly owns 213,234,014 shares in the company, valued at $332.65 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Jan 17 ’25, CEO & Chairman FROST PHILLIP MD ET AL bought 150,000 shares of the business’s stock. A total of $220,425 was incurred on buying the stock at an average price of $1.47. This leaves the insider owning 213,186,477 shares of the company worth $332.57 million. A total of 54.79% of the company’s stock is owned by insiders.
During the past 12 months, Opko Health Inc has had a low of $0.86 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 $1.5286 and a two-hundred day moving average price translates $1.44985 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.
