Should investors be concerned about OKYO’s high price-to-sales ratio?

OKYO Pharma Limited (OKYO)’s stock is trading at $1.51 at the moment marking a fall of -14.20% from the last session close. As of this writing, shares are priced at -53.54% less than their 52-week high of $3.25, and 64.11% over their 52-week low of $0.92. Based on the past 30-day period, the stock price is -17.89% below the high and +19.99% above the low.

The 200-day Simple moving average is often placed more emphasis on by traders because of daily price changes. Investors will use the SMA-200 in different situations in trading activity as a key indicator to determine their support and resistance levels, and at the moment, OKYO’s SMA-200 is $1.6287.

How does OKYO Pharma Limited (OKYO) stock rate among analysts? Buy, sell, or hold?

The key to trading is to concentrate on the future rather than on the past. During uncertain times, it can be hard to make decisions. The analysts who understand how a market works are usually the most accurate at forecasting its future. Currently, there are 1 brokerage firms that recommend the stock as a Strong Buy. The ratings are commonly aggregated into a single number between 1 and 5. Buy or strong buy is scored 5, outperform is scored 4, hold is scored 3, underperform is scored 2 and strong sell is 1. Using a scale of 1-5, the current average recommendation is 5.00 in simple terms.

OKYO Pharma Limited (NASDAQ: OKYO) Ownership Details

I will give a breakdown of the key shareholders in OKYO Pharma Limited (OKYO). Recent figures show that the company’s insiders hold 25.72% of shares. A total of 7 institutional investors hold shares in the company, making 2.53% of its stock and 3.41% of its float.

Dec 30, 2023, it was reported that the Company’s largest institutional holder is Barclays Plc holding total of 0.76 million shares that make 2.63% of the company’s total number of shares and are currently priced at 1.15 million.

The securities firm Susquehanna International Group, LLP holds 34784.0 shares of OKYO, making it the second largest institutional shareholder. Taking this into account, the holding percentage comes to 0.12%, and the holding percentage of shares is valued at 52871.0.

An overview of OKYO Pharma Limited’s technicals

In order to learn about trade movements and investor behavior, it is best to analyze the short, medium, and long term technical indicators along with the average volume of a stock. A 20-day average of the stock’s daily volume suggests OKYO Pharma Limited (OKYO) traded 138,582 shares per day, with a moving average of $1.4671 and price change of +0.0800. With the moving average of $1.5034 and a price change of -0.1400, about 191,505 shares changed hands on average over the past 50 days. Finally, OKYO’s 100-day average volume is 124,681 shares, alongside a moving average of $1.6165 and a price change of -0.0456.

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