In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
The price of OptimizeRx Corp (NASDAQ: OPRX) closed at $5.15 in the last session, down -4.63% from day before closing price of $5.40. In other words, the price has decreased by -$4.63 from its previous closing price. On the day, 0.51 million shares were traded. OPRX stock price reached its highest trading level at $5.45 during the session, while it also had its lowest trading level at $5.1.
Ratios:
We take a closer look at OPRX’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 3.23 and its Current Ratio is at 3.23. In the meantime, Its Debt-to-Equity ratio is 0.31 whereas as Long-Term Debt/Eq ratio is at 0.29.
On April 04, 2024, JMP Securities started tracking the stock assigning a Mkt Outperform rating and target price of $15.
On January 03, 2024, Barclays started tracking the stock assigning a Equal Weight rating and target price of $15.Barclays initiated its Equal Weight rating on January 03, 2024, with a $15 target price.
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 Jan 09 ’24 when Odence-Ford Marion sold 4,000 shares for $15.19 per share. The transaction valued at 60,751 led to the insider holds 11,114 shares of the business.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, OPRX now has a Market Capitalization of 94867640 and an Enterprise Value of 122946576. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.08 while its Price-to-Book (P/B) ratio in mrq is 0.82. Its current Enterprise Value per Revenue stands at 1.394 whereas that against EBITDA is -36.886.
Stock Price History:
Over the past 52 weeks, OPRX has reached a high of $16.65, while it has fallen to a 52-week low of $3.78. The 50-Day Moving Average of the stock is -12.57%, while the 200-Day Moving Average is calculated to be -45.73%.
Shares Statistics:
According to the various share statistics, OPRX traded on average about 221.18K shares per day over the past 3-months and 323600 shares per day over the past 10 days. A total of 18.33M shares are outstanding, with a floating share count of 15.96M. Insiders hold about 13.36% of the company’s shares, while institutions hold 67.30% stake in the company. Shares short for OPRX as of 1731628800 were 1056568 with a Short Ratio of 4.78, compared to 1728950400 on 912485. Therefore, it implies a Short% of Shares Outstanding of 1056568 and a Short% of Float of 5.9899997.
