Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
The closing price of Opus Genetics Inc (NASDAQ: IRD) was $0.99 for the day, down -1.98% from the previous closing price of $1.01. In other words, the price has decreased by -$1.98 from its previous closing price. On the day, 0.75 million shares were traded.
Ratios:
Our analysis of IRD’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 1.98 and its Current Ratio is at 1.98. In the meantime, Its Debt-to-Equity ratio is 3.72 whereas as Long-Term Debt/Eq ratio is at 3.72.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Craig Hallum on April 11, 2025, initiated with a Buy rating and assigned the stock a target price of $6.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. 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:
For the stock, the TTM Price-to-Sale (P/S) ratio is 4.33 while its Price-to-Book (P/B) ratio in mrq is 8.88.
Stock Price History:
Over the past 52 weeks, IRD has reached a high of $2.18, while it has fallen to a 52-week low of $0.65. The 50-Day Moving Average of the stock is 7.56%, while the 200-Day Moving Average is calculated to be -10.59%.
Shares Statistics:
A total of 45.48M shares are outstanding, with a floating share count of 39.42M. Insiders hold about 33.93% of the company’s shares, while institutions hold 22.78% stake in the company.
