Daily Progress: Opera Ltd ADR (OPRA) Gain 0.40, Closing at 17.47

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In the latest session, Opera Ltd ADR (NASDAQ: OPRA) closed at $17.47 up 0.40% from its previous closing price of $17.40. In other words, the price has increased by $0.40 from its previous closing price. On the day, 0.59 million shares were traded. OPRA stock price reached its highest trading level at $18.0 during the session, while it also had its lowest trading level at $17.1101.

Ratios:

For a deeper understanding of Opera Ltd ADR’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 14.58 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 17.62. 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.

Insider Transactions:

Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Sep 18 ’24 when Jacobsen Frode bought 40,000 shares for $14.80 per share.

Song Lin bought 40,000 shares of OPRA for $592,000 on Sep 18 ’24.

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 1545748992 and an Enterprise Value of 2994452480. As of this moment, Opera’s Price-to-Earnings (P/E) ratio for their current fiscal year is 8.80, and their Forward P/E ratio for the next fiscal year is 17.60. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.45. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.44 while its Price-to-Book (P/B) ratio in mrq is 1.70. Its current Enterprise Value per Revenue stands at 6.687 whereas that against EBITDA is 32.771.

Stock Price History:

Over the past 52 weeks, OPRA has reached a high of $19.69, while it has fallen to a 52-week low of $10.11. The 50-Day Moving Average of the stock is 13.59%, while the 200-Day Moving Average is calculated to be 25.62%.

Shares Statistics:

For the past three months, OPRA has traded an average of 524.72K shares per day and 821310 over the past ten days. Shares short for OPRA as of 1728950400 were 1733482 with a Short Ratio of 3.30, compared to 1726185600 on 1879046. Therefore, it implies a Short% of Shares Outstanding of 1733482 and a Short% of Float of 7.08.

Dividends & Splits

According to the company, the forward annual dividend rate for OPRA is 0.80, from 0.8 in the trailing year. Against a Trailing Annual Dividend Yield of 0.045977015

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