With 0.66 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.51 million shares. The 52-week range on OTLK shows that it touched its highest point at $9.25 and its lowest point at $0.87 during that stretch. It currently has a 1-year price target of $10.00. Beta for the stock currently stands at 0.31.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of OTLK was up-trending over the past week, with a rise of 3.26%, but this was up by 34.75% over a month. Three-month performance surged to 27.52% while six-month performance rose 5.26%. The stock lost -73.57% in the past year, while it has gained 0.53% so far this year. A look at the trailing 12-month EPS for OTLK yields -1.43 with Next year EPS estimates of -0.85. For the next quarter, that number is -0.35. This implies an EPS growth rate of 58.87% for this year and 48.95% for next year.
Float and Shares Shorts:
At present, 32.91 million OTLK shares are outstanding with a float of 21.22 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for OTLK since 5 analysts follow the stock currently. There are 5 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of -$4.76449 being high and -$5.16047 being low. For OTLK, this leads to a yearly average estimate of -$4.905.
