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OptiNose Inc (NASDAQ: OPTN) closed the day trading at $0.90 down -3.21% from the previous closing price of $0.94. In other words, the price has decreased by -$3.21 from its previous closing price. On the day, 0.78 million shares were traded. OPTN stock price reached its highest trading level at $0.937 during the session, while it also had its lowest trading level at $0.89.
Ratios:
For a better understanding of OPTN, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 3.59 and its Current Ratio is at 3.94.
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, H.C. Wainwright on March 11, 2024, initiated with a Buy rating and assigned the stock a target price of $5.
On August 21, 2023, Lake Street started tracking the stock assigning a Buy rating and target price of $3.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Jul 17 ’24 when Krick Anthony J sold 6,845 shares for $1.14 per share. The transaction valued at 7,803 led to the insider holds 140,758 shares of the business.
Marino Michael F III sold 49,408 shares of OPTN for $56,325 on Jul 17 ’24. The Chief Legal Officer & Corp Sec now owns 550,464 shares after completing the transaction at $1.14 per share. On Jul 17 ’24, another insider, Mahmoud Ramy A, who serves as the Chief Executive Officer of the company, sold 111,426 shares for $1.14 each. As a result, the insider received 127,026 and left with 1,206,978 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, OPTN now has a Market Capitalization of 136453168 and an Enterprise Value of 172585008. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.82. Its current Enterprise Value per Revenue stands at 2.299 whereas that against EBITDA is -9.353.
Stock Price History:
Over the past 52 weeks, OPTN has reached a high of $2.10, while it has fallen to a 52-week low of $0.80. The 50-Day Moving Average of the stock is -11.08%, while the 200-Day Moving Average is calculated to be -25.61%.
Shares Statistics:
Over the past 3-months, OPTN traded about 718.62K shares per day on average, while over the past 10 days, OPTN traded about 319830 shares per day. A total of 150.78M shares are outstanding, with a floating share count of 119.07M. Insiders hold about 21.03% of the company’s shares, while institutions hold 62.59% stake in the company. Shares short for OPTN as of 1724976000 were 7014861 with a Short Ratio of 9.76, compared to 1722384000 on 6441616. Therefore, it implies a Short% of Shares Outstanding of 7014861 and a Short% of Float of 5.91.
