Olink Holding Ab Stock Today
| OLK Stock | USD 23.35 0.51 2.23% |
Performance0 of 100
| Odds Of DistressLess than 20
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Olink Holding is selling for 23.35 as of the 30th of April 2024. This is a 2.23% increase since the beginning of the trading day. The stock's last reported lowest price was 23.07. Olink Holding has about a 20 % chance of experiencing some form of financial distress in the next two years of operation but has generated negative returns over the last 90 days. Equity ratings for Olink Holding AB are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 6th of January 2023 and ending today, the 30th of April 2024. Click here to learn more.
Business Domain Pharmaceuticals, Biotechnology & Life Sciences | IPO Date 25th of March 2021 | Category Healthcare | Classification Health Care |
Olink Holding AB provides various products and services for the academic, government, biopharmaceutical, biotechnology, and other institutions that focuses on life science research. Olink Holding AB is a subsidiary of Summa Equity Holding AB. Olink Holding is traded on NASDAQ Exchange in the United States.. The company has 124.34 M outstanding shares of which 2.72 M shares are now shorted by investors with about 8.09 days to cover. More on Olink Holding AB
Moving against Olink Stock
| 0.5 | HCM | HUTCHMED DRC | PairCorr |
| 0.48 | EBS | Emergent Biosolutions Financial Report 14th of May 2024 | PairCorr |
| 0.45 | ELYM | Eliem Therapeutics Trending | PairCorr |
Follow Valuation Options Odds of Bankruptcy
Financial Report 9th of May 2024
Olink Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Olink Holding's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Olink Holding or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Interim President | Carl Raimond | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Thematic Idea | Measuring and Control Equipment (View all Themes) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Life Sciences Tools & Services, Pharmaceuticals, Biotechnology & Life Sciences, Health Care, NASDAQ Composite, NASDAQ Health Care, Measuring and Control Equipment, Health Care, Life Sciences Tools & Services, Diagnostics & Research, Healthcare (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation Analysts covering Olink Holding report their recommendations after researching Olink Holding's financial statements, talking to executives and customers, or listening in on Olink Holding's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Olink Holding AB. The Olink consensus assessment is calculated by taking the average forecast from all of the analysts covering Olink Holding. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the key indicators obtained from Olink Holding's historical financial statements, Olink Holding AB is not in a good financial situation at this time. It has a very high probability of going through financial hardship in May. Financial strength of Olink Holding AB is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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Olink Holding's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Olink Holding's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Olink Holding's financial leverage. It provides some insight into what part of Olink Holding's total assets is financed by creditors.
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Olink Holding AB (OLK) is traded on NASDAQ Exchange in USA. It is located in Salagatan 16F, Uppsala, Sweden, 753 30 and employs 707 people. Olink Holding is listed under Life Sciences Tools & Services category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a total capitalization of 2.84 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Olink Holding's market, we take the total number of its shares issued and multiply it by Olink Holding's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Olink Holding AB runs under Life Sciences Tools & Services sector within Health Care industry. The entity has 124.34 M outstanding shares of which 2.72 M shares are now shorted by investors with about 8.09 days to cover.
Olink Holding AB has about 99.84 M in cash with (30.04 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.84.
Check Olink Holding Probability Of Bankruptcy
Ownership AllocationOlink Holding owns a total of 124.34 Million outstanding shares. Olink Holding holds majority of its outstanding shares owned by insiders. An insider is usually defined as a corporate executive, director, member of the board or institutional investor who own at least 10% of the company's outstanding shares. 66.62 pct. of Olink Holding AB outstanding shares that are owned by insiders implies they have been buying or selling the stock in recent months in anticipation of some upcoming event. Also note that almost one million two hundred fourty-three thousand four hundred thirty invesors are currently shorting Olink Holding expressing very little confidence in its future performance.
Check Olink Ownership Details
Olink Stock Price Odds Analysis
Proceeding from a normal probability distribution, the odds of Olink Holding jumping above the current price in 90 days from now is about 58.01%. The Olink Holding AB probability density function shows the probability of Olink Holding stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon Olink Holding has a beta of 0.3173. This indicates as returns on the market go up, Olink Holding average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Olink Holding AB will be expected to be much smaller as well. Additionally, olink Holding AB has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Olink Holding to move above the current price in 90 days from now is about 58.01 (This Olink Holding AB probability density function shows the probability of Olink Stock to fall within a particular range of prices over 90 days) .
Olink Stock Institutional Holders
Institutional Holdings refers to the ownership stake in Olink Holding that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Olink Holding's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Olink Holding's value.| Instituion | Recorded On | Shares | |
| Point72 Asset Management, L.p. | 2023-09-30 | 1.2 M | |
| T. Rowe Price Associates, Inc. | 2023-12-31 | 866.2 K | |
| Goldman Sachs Group Inc | 2023-12-31 | 800 K | |
| Man Group Plc | 2023-12-31 | 750 K | |
| Millennium Management Llc | 2023-12-31 | 693.5 K | |
| Blackrock Inc | 2023-12-31 | 670 K | |
| Tokio Marine Asset Management Co Ltd | 2023-12-31 | 665.4 K | |
| Qube Research & Technologies | 2023-12-31 | 641.5 K | |
| Gardner Lewis Asset Management L P | 2023-12-31 | 413.7 K | |
| Fidelity International Ltd | 2023-12-31 | 8.1 M | |
| Pentwater Capital Management Lp | 2023-12-31 | 2.6 M |
Olink Holding Historical Income Statement
Olink Holding AB Income Statement is one of the three primary financial statements used for reporting Olink's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Olink Holding AB revenue and expense. Olink Holding Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Olink Holding's Net Interest Income is quite stable compared to the past year. Interest Income is expected to rise to about 6.8 M this year, although the value of Interest Expense will most likely fall to about 815.1 K. View More FundamentalsOlink Stock Against Markets
Picking the right benchmark for Olink Holding stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Olink Holding stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Olink Holding is critical whether you are bullish or bearish towards Olink Holding AB at a given time. Please also check how Olink Holding's historical prices are related to one of the top price index indicators.
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Olink Holding Corporate Management
Elected by the shareholders, the Olink Holding's board of directors comprises two types of representatives: Olink Holding inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Olink. The board's role is to monitor Olink Holding's management team and ensure that shareholders' interests are well served. Olink Holding's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Olink Holding's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Jan CFA | Vice Markets | Profile | |
| Jon Heimer | CEO Director | Profile | |
| Johanna Isander | Chief Officer | Profile | |
| Bruno Rossi | Chief Officer | Profile | |
| Ida Grundberg | Chief Officer | Profile | |
| Elias Berglund | Chief Officer | Profile | |
| Maria Bjork | Chief Officer | Profile |
How to buy Olink Stock?
Before investing in Olink Holding, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Olink Holding. To buy Olink Holding stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Olink Holding. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Olink Holding stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Olink Holding AB stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Olink Holding AB stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Olink Holding AB, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Olink Stock please use our How to Invest in Olink Holding guide.
Already Invested in Olink Holding AB?
The danger of trading Olink Holding AB is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Olink Holding is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Olink Holding. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Olink Holding AB is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Olink Holding AB is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Olink Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Olink Holding Ab Stock. Highlighted below are key reports to facilitate an investment decision about Olink Holding Ab Stock: Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Olink Holding AB. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
Complementary Tools for Olink Stock analysis
When running Olink Holding's price analysis, check to measure Olink Holding's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Olink Holding is operating at the current time. Most of Olink Holding's value examination focuses on studying past and present price action to predict the probability of Olink Holding's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Olink Holding's price. Additionally, you may evaluate how the addition of Olink Holding to your portfolios can decrease your overall portfolio volatility.
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Is Olink Holding's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Olink Holding. If investors know Olink will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Olink Holding listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.25) | Revenue Per Share 1.368 | Quarterly Revenue Growth 0.184 | Return On Assets (0.06) | Return On Equity (0.07) |
The market value of Olink Holding AB is measured differently than its book value, which is the value of Olink that is recorded on the company's balance sheet. Investors also form their own opinion of Olink Holding's value that differs from its market value or its book value, called intrinsic value, which is Olink Holding's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Olink Holding's market value can be influenced by many factors that don't directly affect Olink Holding's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Olink Holding's value and its price as these two are different measures arrived at by different means. Investors typically determine if Olink Holding is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Olink Holding's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.