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Opko Health (OPK) Up in Premarket After Announcing MLS COVID Testing Deal

Thursday, July 09, 2020 09:24 AM | Nick Dey

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Opko Health (OPK) Up in Premarket After Announcing MLS COVID Testing Deal

Opko Health (OPK) is pointed higher in premarket trading Thursday after the company announced it has been selected by Major League Soccer to provide COVID testing for players, referees and staff. OPK stock opened trading yesterday at $3.82 and closed the day up 6.53% at $4.08. OPK stock had been rising pretty steadily since April up until this week when the stock’s value suddenly took off, increasing 18.95% so far this week. Volume for the stock is currently 12% above average, with current volume around 20.66 million compared to their average volume of 18.47 million.

OPKO Health is a healthcare company headquartered in Miami, FL. OPK specializes in diagnostics and pharmaceuticals and has operations in 6 countries, including Mexico and Spain. OPK hit analyst expectations of negative $0.09 EPS during last quarter and is expected to release earnings next on the 8th of August."

Opko Health Inc. (OPK) stock has gained 81.33% over the last 12 months, and the average rating from Wall Street analysts is a Strong Buy. InvestorsObserver’s proprietary scoring system, gives OPK stock a score of 65 out of a possible 100.

That score is primarily influenced by a long-term technical score of 98. OPK’s score also includes a short-term technical score of 90. The fundamental score for OPK is 6. In addition to the average rating from Wall Street analysts, OPK stock has a mean target price of 3.933. This means analysts expect the stock to decrease 3.60% over the next 12 months.

What’s Happening with OPK Stock Today

Opko Health Inc. (OPK) stock is flat 0% while the S&P 500 is unchanged 0% as of 4:00 PM on Wednesday, Jul 8. OPK is unchanged $0.00 from the previous closing price of $4.08 on volume of 421,650 shares. Over the past year the S&P 500 has risen 5.91% while OPK has gained 81.33%. OPK lost -$0.48 per share in the over the last 12 months.

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