Opthea Limited (OPT)
(Real Time Quote from BATS)
$1.87 USD
-0.02 (-1.05%)
Updated Jun 18, 2024 02:13 PM ET
2-Buy of 5 2
F Value D Growth C Momentum F VGM
Fundamental Charts
About Price to Cash Flow
The Price to Cash Flow ratio or P/CF is price divided by its cash flow per share. It's another great way to determine whether a company is undervalued or overvalued with the denominator being cash flow. One of the reasons why some investors prefer the P/CF ratio over the P/E ratio is because the net income of the cash flow portion rightly adds depreciation and amortization back in since these are not cash expenditures. In contrast, the net income that goes into the earnings portion of the P/E ratio does not add these in, thus artificially reducing the income and skewing the P/E ratio. Like the P/E ratio, a lower number is considered better. A value under 20 is generally considered good.
OPT 1.87 -0.02(-1.05%)
Will OPT be a Portfolio Killer in June?
Zacks Investment Research is releasing its prediction for OPT based on the 1-3 month trading system that more than doubles the S&P 500.
Other News for OPT
12 Health Care Stocks Moving In Friday's Pre-Market Session
Opthea Successfully Completes Placement and Institutional Component of Entitlement Offer Raising A$171.5 million (US$113.2m¹)
Opthea Limited Raises A$171.5 Million in Capital
Opthea announces placement, entitlement offer to raise up to $150M
Opthea looks to raise $150M via an $6.6M placement, $143.4M ANREO