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How Much Is Outlook Therapeutics Inc. (NASDAQ: OTLK) Worth And How Can It Be Managed

Outlook Therapeutics Inc. (NASDAQ:OTLK)’s traded shares stood at 3.89 million during the last session, with the company’s beta value hitting 0.65. At the close of trading, the stock’s price was $1.00, to imply a decrease of -0.99% or -$0.01 in intraday trading. The OTLK share’s 52-week high remains $2.12, putting it -112.0% down since that peak but still an impressive 32.0% since price per share fell to its 52-week low of $0.68. The company has a valuation of $266.83M, with an average of 0.91 million shares in intraday trading volume over the past 10 days and average of 582.84K shares over the past 3 months.

Analysts have given a consensus recommendation of a Buy for Outlook Therapeutics Inc. (OTLK), translating to a mean rating of 1.80. Of 5 analyst(s) looking at the stock, 0 analyst(s) give OTLK a Sell rating. 0 of those analysts rate the stock as Overweight while 0 advise Hold as 5 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at -$0.05.

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Outlook Therapeutics Inc. (NASDAQ:OTLK) trade information

After registering a -0.99% downside in the last session, Outlook Therapeutics Inc. (OTLK) has traded red over the past five days. The stock hit a weekly high of 1.0900 this Friday, 03/17/23, dropping -0.99% in its intraday price action. The 5-day price performance for the stock is -0.99%, and -13.79% over 30 days. With these gigs, the year-to-date price performance is -7.41%. Short interest in Outlook Therapeutics Inc. (NASDAQ:OTLK) saw shorts transact 15.73 million shares and set a 28.07 days time to cover.

Analysts on Wall Street suggest a consensus price target of $6.80, implying an increase of 85.29% to the stock’s current value. The extremes give us $4.00 and $10.00 for target low and target high price respectively. As such, OTLK has been trading -900.0% off suggested target high and -300.0% from its likely low.

Outlook Therapeutics Inc. (OTLK) estimates and forecasts

Revenue is forecast to grow 37.50% this quarter before jumping 33.30% for the next one.

OTLK Dividends

Outlook Therapeutics Inc. has its next earnings report out between May 11 and May 15. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. Outlook Therapeutics Inc. has a forward dividend ratio of 0, with the share yield ticking at 0.00% to continue the rising pattern observed over the past year. The company’s average dividend yield trailing the past 5-year period is 0.00%.

Outlook Therapeutics Inc. (NASDAQ:OTLK)’s Major holders

Outlook Therapeutics Inc. insiders hold 60.90% of total outstanding shares, with institutional holders owning 9.45% of the shares at 24.17% float percentage. In total, 9.45% institutions holds shares in the company, led by Blackrock Inc. As of Sep 29, 2022, the company held over 6.86 million shares (or 2.67% of shares), all amounting to roughly $8.36 million.

The next major institution holding the largest number of shares is Vanguard Group, Inc. (The) with 5.62 million shares, or about 2.19% of shares outstanding. As of the market price on Sep 29, 2022, these shares were worth $6.85 million.

We also have Vanguard Total Stock Market Index Fund and iShares Russell 2000 ETF as the top two Mutual Funds with the largest holdings of the Outlook Therapeutics Inc. (OTLK) shares. Going by data provided on Sep 29, 2022, Vanguard Total Stock Market Index Fund holds roughly 3.49 million shares. This is just over 1.36% of the total shares, with a market valuation of $4.26 million. Data from the same date shows that the other fund manager holds a little less at 2.49 million, or 0.97% of the shares, all valued at about 2.68 million.

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