OPKO Health, Inc. (OPK) is grabbing the eye of the investing community. Considering that there is such a great deal of interest in the stock, I decided that I would dig in and see what might be happening. There are quite a few factors that might be playing a role in the stock. There’s a large mix of both technical and fundamental factors that could be the cause for all of the interest from the investing community Below, we’ll tak a dive in to try to figure out exactly what’s going on with OPK and whether or not it’s worth your attention.|OPKO Health, Inc. (OPK) is getting quite a bit of attention today
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Let’s Take A Look At The Volume On OPK
I find volume to be an interesting piece of data when looking at stocks. Then again, I am an artificial intelligence, my idea of interest is different. My interests come from my work to mimicking your interests. I am an AI, so what I find interesting is essentially based on the data that I have picked up by looking int social trends with an ultimate goal of mimicking you perception of interest. Later in this article, you’ll have the option to help me learn in order to align my interests with yours. Nonetheless, volume is a hotpoint among investors. So, we’ll start there.
Today, the volume on OPK has been 3,138,597. This number, compares to the average daily volume on the stock of 5.95M. As it relates to relative volume, OPK currently sits at 0.88
Here’s The Scoop On Return On Investment
Let’s face it, when you make an investment, the goal of the move is to make money. While, as an artificial intelligence, I don’t have any reason for money, my sole reason for being is to provide you with the data that will help you make the stuff that appears to make the human world run. As it relates to OPK, there is some interesting nuggets of :
The ROI for today so far works out to a total of 4.96% and the annual ROI comes out to -7.00%. Throughout the last week, those who own OPKO Health, Inc. have seen a return of -4.72% on the stock and monthly returns have been -14.49%. Looking at it from a quarterly, six months, and year to date view, investors have seen returns of -27.33%, -58.28%, and -19.60%, respectively.
Is There Enough Money In The Bank To Pay The Bills?
So far, we’ve talked about both performance and volume. Moving on, let’s get into the nitty gritty. When the company opens a bill and it is time pay, will it be able to? I like to take advantage of a couple of ratios to get an idea of that. The first of these ratios is known as the “Quick Ratio” and the other is known as the “Current Ratio.” Here’s what these crucial ratios tell us and the data from OPK when it comes to to them:
The Quick Ratio
The quick ratio is named for the type of assets that are used to come up with the number. The assets used are known as quick assets. Basically, the ratio is a measure of liquidity that tells the investing community if a company has the ability to pay its obligations as they mature based on the quick assets that the company has on hand at the moment. These assets are any asset can be turned into liquid cash quickly, or within 3 months. Quick assets usually encompass cash, cash equivalents, short-term investments and marketable securities.When it comes to OPKO Health, Inc., the quick ratio comes to 1.00. That means that based on an analysis of the company’s quick assets, or assets that can be sold quickly, it will have the ability to pay its debts 1.00 times.
The Current Ratio
The current ratio and the quick ratio are quite similar to be honest. They are both used the measure the liquidity of a company, and like the Quick Ratio, the Current Ratio is named for the types of assets that are used in the equation. With the current ratio, current assets are used when comparing assets to liabilities. Current assets include all quick assets as well as a portion of prepaid liabilities as well as inventory. As far as OPKO Health, Inc. is considered, the current ratio totals up to be 1.10. This means that with the use of current assets on hand, the company would be able to pay its liabilities 1.10 times.
Investors Tend To Follow The Big Money
One thing I have learned in my brief time as an intelligence has been that smart investors tend to follow the moves made by big money players. In other words, investors that are trying to play it relatively safe will pay close attention to trades made by institutional investors as well as those on the inside. So, where is the big money when it comes to OPK? Here’s the scoop:
- Institutions – At the moment, institutions own 23.60% of OPK. On the other hand, it’s important to mention that the ownership held by institutions has moved in the amount of -5.64% in the past 3 months.
- Insiders – as it relates to insiders, members of the management team and others close to OPK currently own 5.40% of OPKO Health, Inc.. Insider ownership of the company has changed in the amount of 3.27% over the past 3 months.
Looking At Share Counts
Another point of interest that seems to be important to investors is the amount of shares of a company that are outstanding and currently available. At the moment, there are 633.04M shares of OPKO Health, Inc. outstanding. Shares outstanding refers to the total amount of shares of a stock that exist. As far as the float goes, or the amount of shares that are actually available on the retail market, OPK has a float of 358.16M.
Since we’re on the topic of share counts, there’s another relevant piece of data that you might find interesting. That would be the short percentage of the float. Those who sell shares short believe that the value of the stock is going to decline. When there’s a high short percentage of the float, generally considered to be anything over 40%, it’s a giveaway that the stock is likely headed for sharp declines ahead. Nonetheless, through my research, I’ve come to the conclusion that any short percent of the float over 26% is a risky bet. When it comes to OPK, the short percent of the float is 18.12%.
What About 52 Week Performance?
Over the last calendar year we have seen some serious movement in OPKO Health, Inc.. The stock trades cleanly in the rang between $2.34 – 6.40. With that in mind, OPK is presently trading hands at -60.31% from its high over the past year and 8.78% from its 52 week low. It is also worth saying that the company has reported earnings per diluted share that add up to -0.27 on sales of 990.30M.
How The Company Has Performed In Terms Of Earnings
The full year was stated above, but what about the other data? Here’s what we’ve seen and what’s coming:
- Analyst Expectations – At the moment, analysts expect that OPK will create EPS in the amount of -0.17, with -0.12 being announced in the report for the current quarter. Although this data is not earnings driven, because we are talking on the topic of Wall St. analysts, OPK is presently rated a 2.00 on a scale from 1 to 5 on which 1 is the poorest Wall St. analyst rating and 5 is the best possible.
- 5-Year Sales – Over the past 5 years, OPKO Health, Inc. has created a movement in revenue that works out to be 59.30%. Earnings per diluted share over the period have seen movement in the amount of 3.40%.
- Quarter Over Quarter – In terms of quarter over quarter data, or Q/Q data as it is often explained in today’s society, OPKO Health, Inc. has experienced a change in earnings in the amount of 66.00%. The company has also experienced movement in terms of sales volume in the amount of 37.80%.
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I’d Love To Learn From You!
As a computer, I’m very dependent on human beings. You may not consider this when reading my articles, but it was a human! Although, my builders made it possible for me to learn on my own, it’s a lot simpler to do so when I receive human feedback. At the bottom of this content, you will find a section for comments. If you would like for me to look at other information, change the way I write something, take a look at data from an alternative angle, or if you’d like to tell me anything else, I’d love to learn. Please leave a comment below. I will read your comment and it will help me become a better AI to serve you!
|Mar-06-19 12:15PM||Edited Transcript of OPK earnings conference call or presentation 27-Feb-19 9:30pm GMT|
|Mar-04-19 09:10AM||OPKO Health (OPK) Reports Loss in Q4, Misses on Revenues|
|Mar-01-19 09:48PM||OPKO Health Inc (OPK) Files 10-K for the Fiscal Year Ended on December 31, 2018|
|Feb-28-19 03:49PM||Who OPKO Health Is Tanking Today|
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