OPKO Health Inc. (NASDAQ:OPK) Relative Strength Index (RSI) is 49.61, with weekly volatility at 4.52% and ATR at 0.27. The OPK stock’s 52-week price range has touched low of $1.12 and a $6.47 high. Intraday shares traded counted 5.45 million, which was 29.89% higher than its 30-day average trading volume of 7.78M. Its shares traded higher over the last trading session, gaining 3.88% on 04/05/21. The shares fell to a low of $4.417 before closing at $4.55. OPK’s previous close was $4.38 while the outstanding shares total 640.76M. The firm has a beta of 1.81, a 12-month trailing P/E ratio of 94.79, and a growth ratio of 7.90.
Investors have identified the Diagnostics & Research company OPKO Health Inc. as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around $2.99 billion, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.
OPKO Health Inc. (OPK) Fundamentals that are to be considered.
When analyzing a stock, the first fundamental thing to take into account is the balance sheet. How healthy the balance sheet of a company is will determine if the company will be able to carry out all its financial and non-financial obligations and also keep the faith of its investors. For OPK, the company has in raw cash 72.21 million on their books with 24.7 million currently as liabilities. How the trend is over time is what investors should be concerned about. The company has a healthy balance sheet as their debt profile has been on an incline. In terms of their assets, the company currently has 523.18 million total, with 375.48 million as their total liabilities.
Having a look at the company’s valuation, the company is expected to record 0.09 total earnings per share during the next fiscal year. It is very important though to remember that the importance of trend far outweighs that of outlook. This analysis has been great and getting further updates on OPK sounds very interesting.
Is the stock of OPK attractive?
In related news, CEO & Chairman, FROST PHILLIP MD ET AL bought 300,000 shares of the company’s stock in a transaction that recorded on Mar 05. The purchase was performed at an average price of 3.91, for a total value of 1,173,841. As the purchase deal closes, the CEO & Chairman, FROST PHILLIP MD ET AL now bought 500,000 shares of the company’s stock, valued at 2,383,455. Also, CEO & Chairman, FROST PHILLIP MD ET AL bought 300,000 shares of the company’s stock in a deal that was recorded on Dec 28. The shares were cost at an average price of 4.00 per share, with a total market value of 1,199,500. Following this completion of disposal, the CEO & Chairman, FROST PHILLIP MD ET AL now holds 250,000 shares of the company’s stock, valued at 794,669. In the last 6 months, insiders have changed their ownership in shares of company stock by 0.50%.