OKYO Pharma Limited Sponsored ADR (NASDAQ:OKYO - Get Free Report) shares were up 3.1% on Monday . The stock traded as high as $2.46 and last traded at $2.35. Approximately 152,538 shares changed hands during mid-day trading, a decline of 3% from the average daily volume of 156,773 shares. The stock had previously closed at $2.28.
Analysts Set New Price Targets
Separately, Wall Street Zen upgraded shares of OKYO Pharma to a "hold" rating in a research note on Saturday, August 9th. One research analyst has rated the stock with a Buy rating, Based on data from MarketBeat, the stock presently has a consensus rating of "Buy" and an average target price of $7.00.
Read Our Latest Stock Report on OKYO
OKYO Pharma Price Performance
The business's fifty day moving average price is $2.69 and its two-hundred day moving average price is $1.95.
Hedge Funds Weigh In On OKYO Pharma
Several institutional investors and hedge funds have recently bought and sold shares of OKYO. FNY Investment Advisers LLC acquired a new position in shares of OKYO Pharma during the first quarter worth $25,000. Wealth Enhancement Advisory Services LLC purchased a new position in OKYO Pharma during the 2nd quarter worth $28,000. Finally, Dauntless Investment Group LLC purchased a new position in OKYO Pharma during the 1st quarter worth $2,526,000. 2.97% of the stock is owned by hedge funds and other institutional investors.
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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