Opko Health Inc (OPK)

[WiseFool]

Opko Health (OPK) – Market Recap
Posted on 04/30/2015 by Ethan Greenberger

Opko Health options set a new 90-day record for the number of call contracts that exchanged hands between the buyers and the sellers. Aggregate volume of puts was 1.95K and calls was 1.05K equating to a 1.85 put/call ratio.

Unusual volume provides reliable clues that the stock is expected to make a move. Investors can use the put/call ratio statistics to measure trader sentiment. A high put/call ratio suggests that the overall investment sentiment is bearish and that investors expect the underlying stock to decrease in value. Conversely, a low put/call ratio implies that investor sentiment is bullish based on the large amount of call options.

Opko Health (OPK) opened today at $14.38 and is currently trading at $13.76, down $0.61 (4.24%) during last trading session. Within the last week, the shares have lost -1.58% of their value. The daily low is $13.71 and the high is $14.40. The trading volume of 2.98M is above the average volume of 2.50M shares. OPK is trading above the 50 day moving average and lower than the two hundred day moving average. The technical momentum Relative Strength Index indicator shows oversold conditions. The stock’s 52 week low is $7.90 and 52 week high is $15.23.

OPKO Health, Inc. is engaged in the development and commercialization of pharmaceutical products, vaccines, diagnostic technologies, and imaging systems.