The pursuit of outperformance leads many investors to carefully choose individual stocks. Picking the right ones can be a game-changer for growing your wealth.
The price of Opus Genetics Inc (NASDAQ: IRD) closed at $1.13 in the last session, down -1.74% from day before closing price of $1.15. In other words, the price has decreased by -$1.74 from its previous closing price. On the day, 0.89 million shares were traded. IRD stock price reached its highest trading level at $1.16 during the session, while it also had its lowest trading level at $0.9602.
Ratios:
We take a closer look at IRD’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 6.63 and its Current Ratio is at 6.63. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Dec 26 ’24 when Magrath George bought 100,000 shares for $0.98 per share. The transaction valued at 97,600 led to the insider holds 599,150 shares of the business.
YERXA BENJAMIN R bought 10,000 shares of IRD for $9,834 on Nov 21 ’24. The President now owns 342,800 shares after completing the transaction at $0.98 per share. On Nov 15 ’24, another insider, Magrath George, who serves as the Chief Executive Officer of the company, bought 90,294 shares for $1.01 each. As a result, the insider paid 91,215 and bolstered with 483,244 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, IRD now has a Market Capitalization of 36303736 and an Enterprise Value of -962643. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.26 while its Price-to-Book (P/B) ratio in mrq is 0.86. Its current Enterprise Value per Revenue stands at -0.115 whereas that against EBITDA is 0.033.
Stock Price History:
The Beta on a monthly basis for IRD is 0.05, which has changed by -0.44059408 over the last 52 weeks, in comparison to a change of 0.10063088 over the same period for the S&P500. Over the past 52 weeks, IRD has reached a high of $2.34, while it has fallen to a 52-week low of $0.81. The 50-Day Moving Average of the stock is 3.33%, while the 200-Day Moving Average is calculated to be -13.40%.
Shares Statistics:
According to the various share statistics, IRD traded on average about 209.14K shares per day over the past 3-months and 422290 shares per day over the past 10 days. A total of 26.20M shares are outstanding, with a floating share count of 24.22M. Insiders hold about 23.28% of the company’s shares, while institutions hold 8.47% stake in the company. Shares short for IRD as of 1740700800 were 703397 with a Short Ratio of 3.36, compared to 1738281600 on 620624. Therefore, it implies a Short% of Shares Outstanding of 703397 and a Short% of Float of 2.33.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
