At the end of the latest market close, Bank OZK (OZK) was valued at $22.95. In that particular session, Stock kicked-off at the price of $22.92 while reaching the peak value of $24.22 and lowest value recorded on the day was $22.77. The stock current value is $24.08.
Recently in News on October 22, 2020, Bank OZK Announces Third Quarter 2020 Earnings. Bank OZK (the Bank) (Nasdaq: OZK) today announced that net income for the third quarter of 2020 was $109.3 million, a 5.2% increase from $103.9 million for the third quarter of 2019. Diluted earnings per common share for the third quarter of 2020 were $0.84, a 3.7% increase from $0.81 for the third quarter of 2019. You can read further details here
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Bank OZK had a pretty Dodgy run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $30.95 on 01/10/20, with the lowest value was $14.20 for the same time period, recorded on 03/16/20.
Bank OZK (OZK) full year performance was -19.68%
Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, Bank OZK shares are logging -24.18% during the 52-week period from high price, and 69.58% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $14.20 and $31.76.
The company’s shares, operating in the sector of Financial managed to top a trading volume set approximately around 1581249 for the day, which was evidently higher, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the Bank OZK (OZK) recorded performance in the market was -21.06%, having the revenues showcasing -0.99% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 3.19B, as it employees total of 2803 workers.
Analysts verdict on Bank OZK (OZK)
During the last month, 0 analysts gave the Bank OZK a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 0 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 of the polled analysts provided SELL rating.
According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 23.42, with a change in the price was noted +0.93. In a similar fashion, Bank OZK posted a movement of +4.02% for the period of last 100 days, recording 966,916 in trading volumes.
Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for OZK is recording 0.30 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.30.
Bank OZK (OZK): Technical Analysis
Raw Stochastic average of Bank OZK in the period of last 50 days is set at 63.08%. The result represents downgrade in oppose to Raw Stochastic average for the period of the last 20 days, recording 96.60%. In the last 20 days, the company’s Stochastic %K was 75.11% and its Stochastic %D was recorded 59.18%.
Let’s take a glance in the erstwhile performances of Bank OZK, multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be encouraging, given the fact the metric is recording -21.06%. Additionally, trading for the stock in the period of the last six months notably improved by 21.74%, alongside a downfall of -19.68% for the period of the last 12 months. The shares increased approximately by 7.98% in the 7-day charts and went down by 17.46% in the period of the last 30 days. Common stock shares were lifted by -0.99% during last recorded quarter.