Bank OZK (NASDAQ:OZK) shares, rose in value, with the stock price up by 0.04% to the previous day’s close as strong demand from buyers drove the stock to $46.02.
Actively observing the price movement in the last trading, the stock closed the session at $46.00. The PE ratio was 7.70 over 12-month period. Referring to stock’s 52-week performance, its high was $52.36, and the low was $30.72. On the whole, OZK has fluctuated by 1.03% over the past month.
The company’s Forward Dividend Ratio is 1.50, with its dividend yield at 3.26%.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that OZK’s technical picture suggests that short-term indicators denote the stock is a 50% Buy on average. However, medium-term indicators have put the stock in the category of 50% Buy while long-term indicators on average have been pointing out that it is a 100% Buy.
The stock’s technical analysis shows that the PEG ratio is about 0.64, with the price of OZK currently trading nearly 4.05% and 5.46% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 60.46, while the 7-day volatility ratio is showing 2.02% which for the 30-day chart, stands at 2.45%. Furthermore, Bank OZK (OZK)’s beta value is 1.22, and its average true range (ATR) is 1.15.
A comparison of Bank OZK (OZK) with its peers suggests the former has fared considerably weaker in the market. OZK showed an intraday change of 0.04% in last session, and over the past year, it grew by 35.43%%.
Data on historical trading for Bank OZK (NASDAQ:OZK) indicates that the trading volumes over the past 3 months, they’ve averaged 1.23 million. According to company’s latest data on outstanding shares, there are 113.15 million shares outstanding.
Nearly 6.25% of Bank OZK’s shares belong to company insiders and institutional investors own 85.68% of the company’s shares. The stock has fallen by -7.65% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the OZK stock heading into the next quarter.
