Have you seen the forecast for Opko Health (OPK)?
What’s up with Opko Health?
Opko Health (OPK) opened at $2.19, which means the stock is down 16.10% from yesterday’s closing price of 2.34. Today, the company has a high of $2.31 and a low of $1.91. The company has a market cap of $1.31 billion with a 52-week high of $2.91 and a 52-week low of $1.12.
What about the future for Opko Health?
The high forecast for Opko Health is $5.00 while the low is $3.00. Stock forecasts are based on human experience: Human traders based on their experience in terms of stock price patterns, volume changes, and market news/rumors regarding a particular stock. Opko Health has a strong forecast. A strong forecast is a result of strong earning reports as investors are willing to pay a higher share price today because of growth expectations in the future. Based on this information OPK seems to be a safe buy.
About Opko Health
OPKO Health, Inc. engages in the provision of healthcare services. It operates through the following segments: Diagnostics, Pharmaceuticals, and Corporate. The Diagnostics segment include clinical laboratory operations of BioReference, as well as point-of-care operations. The Pharmaceuticals segment includes comprises pharmaceutical operations in Chile, Mexico, Ireland, Israel, and Spain and pharmaceutical research and development operations. The company was founded in October 1991 and is headquartered in Miami, FL.