Opko Health Inc’s recently made public that its 10% Owner OPKO HEALTH, INC. acquired Company’s shares for reported $0.55 million on Sep 17 ’24. In the deal valued at $40.88 per share,13,404 shares were bought.
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Then, OPKO HEALTH, INC. sold 50,000 shares, generating $1,724,520 in total proceeds. Upon selling the shares at $34.49, the 10% Owner now owns 2,646,972 shares.
Before that, OPKO HEALTH, INC. sold 50,000 shares. Opko Health Inc shares valued at $1,714,850 were divested by the 10% Owner at a price of $34.30 per share. As a result of the transaction, OPKO HEALTH, INC. now holds 2,696,972 shares, worth roughly $3.83 million.
Barrington Research upgraded its Opko Health Inc [OPK] rating to an Outperform from a a Mkt perform in a research note published recently. A number of analysts have revised their coverage, including H.C. Wainwright’s analysts, who began to cover the stock in mid December with a ‘”a Buy”‘ rating. Barrington Research also remained covering OPK and has decreased its forecast on January 24, 2022 with a “Mkt perform” recommendation from previously “an Outperform” rating. Ladenburg Thalmann started covering the stock on June 21, 2021. It rated OPK as “a Buy”.
Price Performance Review of OPK
On Friday, Opko Health Inc [NASDAQ:OPK] saw its stock jump 1.43% to $1.42. Over the last five days, the stock has lost -3.40%. Opko Health Inc shares have fallen nearly -5.96% since the year began. Nevertheless, the stocks have risen 11.81% over the past one year. While a 52-week high of $1.75 was reached on 09/17/24, a 52-week low of $0.85 was recorded on 01/05/24. SMA at 50 days reached $1.5360, while 200 days put it at $1.2884.
Levels Of Support And Resistance For OPK Stock
The 24-hour chart illustrates a support level at 1.3967, which if violated will result in even more drops to 1.3733. On the upside, there is a resistance level at 1.4467. A further resistance level may holdings at 1.4733. The Relative Strength Index (RSI) on the 14-day chart is 39.80, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.0340, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 87.49%. Stochastics %K at 22.59% indicates the stock is a holding.
How much short interest is there in Opko Health Inc?
A steep rise in short interest was recorded in Opko Health Inc stocks on 2024-10-15, dropping by -5.29 million shares to a total of 92.94 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-13 was 98.23 million shares. There was a decline of -5.69%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on November 25, 2019 when Piper Jaffray began covering the stock and recommended ‘”an Overweight”‘ rating along with a $2.50 price target.
