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OKYO Pharma (NASDAQ:OKYO) Trading 0.5% Higher - What's Next?

OKYO Pharma logo with Medical background

OKYO Pharma Limited (NASDAQ:OKYO - Get Free Report)'s stock price traded up 0.5% on Monday . The company traded as high as $1.95 and last traded at $1.85. 2,459,157 shares traded hands during trading, an increase of 1,766% from the average session volume of 131,758 shares. The stock had previously closed at $1.84.

Wall Street Analyst Weigh In

Separately, HC Wainwright reaffirmed a "buy" rating and set a $7.00 price objective on shares of OKYO Pharma in a research report on Monday, May 5th.

View Our Latest Stock Report on OKYO

OKYO Pharma Stock Performance

The business's 50-day moving average is $1.41 and its two-hundred day moving average is $1.23.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in OKYO Pharma stock. Dauntless Investment Group LLC bought a new position in OKYO Pharma Limited (NASDAQ:OKYO - Free Report) in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 1,988,780 shares of the company's stock, valued at approximately $2,526,000. OKYO Pharma comprises about 3.0% of Dauntless Investment Group LLC's investment portfolio, making the stock its 2nd largest position. Dauntless Investment Group LLC owned approximately 5.88% of OKYO Pharma as of its most recent SEC filing. Hedge funds and other institutional investors own 2.97% of the company's stock.

OKYO Pharma Company Profile

(Get Free Report)

OKYO Pharma Limited, a clinical-stage biopharmaceutical company, engages in developing therapeutics for patients suffering from inflammatory eye diseases and ocular pain in the United Kingdom. Its lead preclinical product candidate is OK-101, which is in Phase II clinical trials for the treatment of dry eye disease.

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