The Osmotica Pharmaceuticals plc (OSMT) shares are trading at higher $7.00 and the avg recommendation for the stock is Strong Buy. while the current analyst price target stands at $8.00.
To add more color to this target, the company’s high over the last year is $7.97 and the low is $2.70. Over the last 52 weeks, OSMT is down -12.17% while the S&P 500 is down -0.57%. The catalyst for this interesting swing was the company’s recent earnings report.
A Notable Earnings Report
In the last quarter, OSMT reported a profit of $28.06 million. Osmotica Pharmaceuticals plc also saw revenues increase to $48.65 million. In addition, OSMT has free cash flow of -$1.01 million as of 03-2020. The company’s EBITDA came in at $6.76 million which compares well with its peers.
Find out when OSMT reaches critical levels. Subscribe to OracleDispatch.com Right Now by entering your Email in the box below.
Of course, we must look beyond the financials and question how well those numbers represent the sustainable earnings power of the business. Investors need to know how sustainable this current run. OSMT has a short ratio of 2.02 and outstanding shares of 58.26M.
OSMT has seen increased volume after this news and investors are putting their support behind the value proposition. Furthermore, 10-day volume stands at 0.37 million and more growth is possible in the weeks ahead. Traders will also note the company’s earnings per share came in at -5.09. Osmotica Pharmaceuticals plc OSMT also noted assets of $475.13 million at the end of the last quarter. Investors should also keep an eye on sector updates as OSMT has historically followed its peers on positive news.
All told, Osmotica Pharmaceuticals plc OSMT has strung together solid data and demonstrated underlying fundamentals. At its current valuation, OSMT represents an interesting risk/reward case. Traders should stay tuned to see if this recent report will push the stock to test recent resistance levels.
Osmotica Pharmaceuticals plc OSMT is now commanding a market cap of 425.11M and a float of 11.07M. OSMT is increasing its credibility in this sector and that could lead to more upside down the line. Sign-up for continuing coverage on shares of OSMT stock, as well as other hot stock picks, get our free newsletter today and get our next breakout pick!
Disclosure: we hold no position in OSMT, either long or short, and we have not been compensated for this article.