In last trading session, Outlook Therapeutics Inc (NASDAQ:OTLK) saw 1.45 million shares changing hands with its beta currently measuring 0.24. Company’s recent per share price level of $2.31 trading at -$0.1 or -4.15% at ring of the bell on the day assigns it a market valuation of $98.99M. That closing price of OTLK’s stock is at a discount of -300.43% from its 52-week high price of $9.25 and is indicating a premium of 62.34% from its 52-week low price of $0.87. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.94 million shares which gives us an average trading volume of 722.44K 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 1.50. Splitting up the data highlights that, out of 5 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 0 suggested the stock as a Hold whereas 5 see the stock as a Buy. 0 analyst(s) advised it as an Underweight.
Outlook Therapeutics Inc (NASDAQ:OTLK) trade information
Outlook Therapeutics Inc’s shares saw a change of -72.66% in year-to-date performance and have moved 14.36% in past 5-day. Outlook Therapeutics Inc (NASDAQ:OTLK) showed a performance of 30.51% in past 30-days. Number of shares sold short was 2.74 million shares which calculate 3.12 days to cover the short interests.
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 36.59% during past 5 years.
Outlook Therapeutics Inc (NASDAQ:OTLK)’s Major holders
Insiders are in possession of 38.31% of company’s total shares while institution are holding 16.81 percent of that, with stock having share float percentage of 27.26%. Investors also watch the number of corporate investors in a company very closely, which is 16.81% institutions for Outlook Therapeutics Inc that are currently holding shares of the company. GREAT POINT PARTNERS LLC is the top institutional holder at OTLK for having 1.7 million shares of worth $12.56 million. And as of 2024-06-30, it was holding 7.3255 of the company’s outstanding shares.
The second largest institutional holder is TANG CAPITAL MANAGEMENT LLC, which was holding about 1.62 million shares on 2024-06-30. The number of shares represents firm’s hold over 6.9721 of outstanding shares, having a total worth of $11.95 million.
