The time has not yet come to remove your chips from the table: Outlook Therapeutics Inc (OTLK)

With 1.18 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.56 million shares. The 52-week range on OTLK shows that it touched its highest point at $40.60 and its lowest point at $4.00 during that stretch. It currently has a 1-year price target of $39.86. Beta for the stock currently stands at 0.04.

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 18.89%, but this was up by 17.45% over a month. Three-month performance surged to 20.22% while six-month performance rose 135.11%. The stock lost -51.14% in the past year, while it has gained 30.20% so far this year. A look at the trailing 12-month EPS for OTLK yields -3.99 with Next year EPS estimates of -2.08. For the next quarter, that number is -0.91. This implies an EPS growth rate of 30.33% for this year and 37.91% for next year.

Float and Shares Shorts:

At present, 13.01 million OTLK shares are outstanding with a float of 7.40 million shares on hand for trading. On Mar 15, 2024, short shares totaled 0.79 million, which was 6.03% higher than short shares on Feb 15, 2024. In addition to OTLK as the firm’s Outlook Therapeutics, Inc., OTLY serves as its Oatly Group AB.

Institutional Ownership:

Through their ownership of 6.88% of OTLK’s outstanding shares, institutional investors have minority control over the company.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for OTLK since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.

Dividends & Yield:

In terms of dividends, OTLK has a current ratio of $––, which is $–– over the trailing 12-months, while a dividend of $–– is likely to be paid on average over the next five years. Dividend yield is another indicator that appeals to many investors, and OTLK currently yields $0.00. In the past year, OTLK’s dividend yield has been $0.00, but when looking at the stock over the past five years, its yield has been $–. Accordingly, OTLK has a current buyback yield of $––. This was $–– for the TTM, and it was $–– for the past five years.