Pre-Market Activity Shows Heavy Volume And Movement For Opko Health (OPK)

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Trade-Ideas LLC identified Opko Health ( OPK) as a pre-market mover with heavy volume candidate. In addition to specific proprietary factors, Trade-Ideas identified Opko Health as such a stock due to the following factors:

  • OPK has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $58.3 million.
  • OPK traded 435,901 shares today in the pre-market hours as of 8:22 AM, representing 13.3% of its average daily volume.

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More details on OPK:

OPKO Health, Inc., a biopharmaceutical and diagnostics company, engages in the discovery, development, and commercialization of novel and proprietary technologies in the United States and internationally. It operates through two segments, Pharmaceuticals and Diagnostics. Currently there are 3 analysts that rate Opko Health a buy, no analysts rate it a sell, and 1 rates it a hold.

The average volume for Opko Health has been 2.8 million shares per day over the past 30 days. Opko Health has a market cap of $8.4 billion and is part of the health care sector and drugs industry. The stock has a beta of 0.49 and a short float of 62.5% with 13.10 days to cover. Shares are up 86.4% year-to-date as of the close of trading on Tuesday.

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