Outlook Therapeutics Inc (OTLK) concluded trading on Thursday at a closing price of $1.70, with 62.14 million shares of worth about $105.64 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -76.45% during that period and on November 28, 2024 the price saw a loss of about -65.24%. Currently the company’s common shares owned by public are about 23.66M shares, out of which, 15.23M shares are available for trading.
Stock saw a price change of -67.80% in past 5 days and over the past one month there was a price change of -70.38%. Year-to-date (YTD), OTLK shares are showing a performance of -78.43% which decreased to -82.45% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $4.61 but also hit the highest price of $12.85 during that period. The average intraday trading volume for Outlook Therapeutics Inc shares is 277.48K. The stock is currently trading -69.28% below its 20-day simple moving average (SMA20), while that difference is down -68.83% for SMA50 and it goes to -76.69% lower than SMA200.
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Outlook Therapeutics Inc (NASDAQ: OTLK) currently have 23.66M outstanding shares and institutions hold larger chunk of about 35.68% of that.
The stock has a current market capitalization of $13.98M and its 3Y-monthly beta is at 0.61. It has posted earnings per share of -$10.75 in the same period. It has Quick Ratio of 1.07. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for OTLK, volatility over the week remained 35.05% while standing at 12.97% over the month.
Stock’s fiscal year EPS is expected to drop by -2.19% while it is estimated to increase by 51.65% in next year.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by BTIG Research on March 27, 2024 offering a Buy rating for the stock and assigned a target price of $50 to it. Coverage by Chardan Capital Markets stated Outlook Therapeutics Inc (OTLK) stock as a Buy in their note to investors on February 15, 2024, suggesting a price target of $3 for the stock. On January 25, 2024, Guggenheim Upgrade their recommendations, while on December 27, 2023, CapitalOne Upgrade their ratings for the stock with a price target of $5. Stock get a Neutral rating from H.C. Wainwright on August 31, 2023.
