Analyzing Ratios: Opera Ltd ADR (OPRA)’s Financial Story Unveiled

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The price of Opera Ltd ADR (NASDAQ: OPRA) closed at $13.78 in the last session, up 4.55% from day before closing price of $13.18. In other words, the price has increased by $4.55 from its previous closing price. On the day, 0.73 million shares were traded. OPRA stock price reached its highest trading level at $13.86 during the session, while it also had its lowest trading level at $13.26.

Ratios:

We take a closer look at OPRA’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 2.10 and its Current Ratio is at 2.10. In the meantime, Its Debt-to-Equity ratio is 0.01 whereas as Long-Term Debt/Eq ratio is at 0.01.

On December 13, 2023, Goldman started tracking the stock assigning a Buy rating and target price of $16.50.

On May 21, 2020, Cowen started tracking the stock assigning a Outperform rating and target price of $10.Cowen initiated its Outperform rating on May 21, 2020, with a $10 target price.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, OPRA now has a Market Capitalization of 1218896128 and an Enterprise Value of 2357175808. As of this moment, Opera’s Price-to-Earnings (P/E) ratio for their current fiscal year is 7.26, and their Forward P/E ratio for the next fiscal year is 14.24. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.96 while its Price-to-Book (P/B) ratio in mrq is 1.35. Its current Enterprise Value per Revenue stands at 5.726 whereas that against EBITDA is 31.637.

Stock Price History:

Over the past 52 weeks, OPRA has reached a high of $28.58, while it has fallen to a 52-week low of $10.30. The 50-Day Moving Average of the stock is -4.40%, while the 200-Day Moving Average is calculated to be 3.67%.

Shares Statistics:

According to the various share statistics, OPRA traded on average about 1.06M shares per day over the past 3-months and 914900 shares per day over the past 10 days. Shares short for OPRA as of 1713139200 were 3657711 with a Short Ratio of 3.45, compared to 1710460800 on 3710286. Therefore, it implies a Short% of Shares Outstanding of 3657711 and a Short% of Float of 14.96.

Dividends & Splits

The forward annual dividend rate for OPRA is 0.80, which was 0.8 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.06069803

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