In last trading session, Outlook Therapeutics, Inc. (NASDAQ:OTLK) saw 1,580,363 shares changing hands with its beta currently measuring 0.41. Company’s recent per share price level of $1.38 trading at -$0.06 or -4.17% at ring of the bell on the day assigns it a market valuation of $169.97 Million. That closing price of OTLK’s stock is at a discount of -69.57% from its 52-week high price of $2.34 and is indicating a premium of 63.84% from its 52-week low price of $0.499. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 2.51 Million shares which gives us an average trading volume of 2.93 Million if we extend that period to 3-months.
For Outlook Therapeutics, Inc. (OTLK), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.6. Splitting up the data highlights that, out of 5 analysts covering the stock, none rated the stock as a Sell while none recommended an Overweight rating for the stock. None suggested the stock as a Hold whereas 5 see the stock as a Buy. None analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -$0.11 in the current quarter.
Outlook Therapeutics, Inc. (NASDAQ:OTLK) trade information
In the face of being in the red today for losing -4.17%, in the last five days OTLK remained trading in the green while hitting it’s week-highest on Friday, Jul 24 when the stock touched $1.53 price level, adding 9.8% to its value on the day. Outlook Therapeutics, Inc.’s shares saw a change of 133.9% in year-to-date performance and have moved -9.8% in past 5-day. Outlook Therapeutics, Inc. (NASDAQ:OTLK) showed a performance of 6.98% in past 30-days. Number of shares sold short was 2.33 Million shares which calculate 0.8 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of $6.05 to the stock, which implies a rise of 338.41% to its current value. Analysts have been projecting $3.25 as a low price target for the stock while placing it at a high target of $9. It follows that stock’s current price would jump +552.17% in reaching the projected high whereas dropping to the targeted low would mean a loss of 135.51% for stock’s current value.
Outlook Therapeutics, Inc. (OTLK) estimates and forecasts
4 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of $160Million for the same. And 4 analysts are in estimates of company making revenue of $160Million in the next quarter that will end in September 01, 2020.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 22.8% during past 5 years. In 2020, company’s earnings growth rate is likely to be around 79.7% while estimates for its earnings growth in next 5 years are of 0%