Ortho Clinical Diagnostics Holdings plc (NASDAQ:OCDX) went up by 0.11% from its latest closing price compared to the recent 1-year high of $18.65. The company’s stock price has collected 3.00% of gains in the last five trading sessions. Press Release reported on 02/23/21 that Ortho Clinical Diagnostics Names Evelyn Dilsaver to Board of Directors
Is It Worth Investing in Ortho Clinical Diagnostics Holdings plc (NASDAQ :OCDX) Right Now?
Opinions of the stock are interesting as 10 analysts out of 11 who provided ratings for Ortho Clinical Diagnostics Holdings plc declared the stock was a “buy,” while 0 rated the stock as “overweight,” 1 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $23.73. OCDX currently public float of 221.55M and currently shorts hold a 0.23% ratio of that float. Today, the average trading volume of OCDX was 2.86M shares.
OCDX’s Market Performance
The simple moving average for the period of the last 20 days is 0.45% for OCDX stocks with a simple moving average of 0.45% for the last 200 days.
Analysts’ Opinion of OCDX
UBS, on the other hand, stated in their research note that they expect to see OCDX reach a price target of $23. The rating they have provided for OCDX stocks is “Buy” according to the report published on February 22nd, 2021.
OCDX Trading at 0.45% from the 50-Day Moving Average
After a stumble in the market that brought OCDX to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -6.24% of loss for the given period.
During the last 5 trading sessions, OCDX rose by +3.00%. In addition, Ortho Clinical Diagnostics Holdings plc saw 8.63% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for OCDX
Current profitability levels for the company are sitting at:
- +8.05 for the present operating margin
- +42.08 for the gross margin
The net margin for Ortho Clinical Diagnostics Holdings plc stands at -8.71. The total capital return value is set at 4.98, while invested capital returns managed to touch -5.72.
The receivables turnover for the company is 4.92 and the total asset turnover is 0.50. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.20.