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OPKO Health Inc, Hits 52 Week High

Back in April OPKO it was decided that OPKO Health was a pick hit company and a stock to watch.

Yesterday, OPKO Health closed at a 52 Week High at $8.00, this almost doubles the year low of $4.05.   

Frank Magliochetti of Absolute Day Trader Picks and managing partner at Parcae Capital has had this on Absolute Day Traders  watch list for quite a while.  

Opko Health (NYSE:OPK) set a new 52-week high during mid-day trading on Thursday, AnalystRatings.Net reports. The stock traded as high as $8.00 and last traded at $7.85, with a volume of 2,225,379 shares. The stock had previously closed at $7.88.

OPK has been the subject of a number of recent research reports. Analysts at Barrington Research raised their price target on shares of Opko Health from $7.50 to $9.00 in a research note to investors on Monday. They now have an “outperform” rating on the stock. Analysts at Ladenburg Thalmann raised their price target on shares of Opko Health from $8.50 to $10.00 in a research note to investors on Thursday, May 30th. They now have a “buy” rating on the stock.

Opko Health has a one year low of $4.05 and a one year high of $8.00. The stock has a 50-day moving average of $7.46 and a 200-day moving average of $7.15. The company’s market cap is $2.644 billion.

About OPKO Health, Inc.

OPKO Health, Inc (NYSE:OPK), incorporated in October 1991, is a multi-national biopharmaceutical and diagnostics company that seeks to establish industry-leading positions in large and rapidly growing medical markets by leveraging our discovery, development and commercialization expertise and our novel and proprietary technologies.

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