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After finishing at $0.75 in the prior trading day, OptiNose Inc (NASDAQ: OPTN) closed at $0.70, down -6.20%. In other words, the price has decreased by -$6.20 from its previous closing price. On the day, 0.59 million shares were traded. OPTN stock price reached its highest trading level at $0.7567 during the session, while it also had its lowest trading level at $0.6912.
Ratios:
Our goal is to gain a better understanding of OPTN by taking a closer 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 Sep 17 ’24 when Marino Michael F III sold 3,226 shares for $0.87 per share. The transaction valued at 2,807 led to the insider holds 547,238 shares of the business.
Mahmoud Ramy A sold 4,881 shares of OPTN for $4,246 on Sep 17 ’24. The Chief Executive Officer now owns 1,202,097 shares after completing the transaction at $0.87 per share. On Sep 17 ’24, another insider, Michael F Marino III, who serves as the Officer of the company, bought 3,226 shares for $0.89 each.
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 113243800 and an Enterprise Value of 142203488. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.41. Its current Enterprise Value per Revenue stands at 1.895 whereas that against EBITDA is -7.706.
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 $0.65. The 50-Day Moving Average of the stock is -13.79%, while the 200-Day Moving Average is calculated to be -37.88%.
Shares Statistics:
The stock has traded on average 410.90K shares per day over the past 3-months and 193110 shares per day over the last 10 days, according to various share statistics. A total of 150.78M shares are outstanding, with a floating share count of 118.93M. Insiders hold about 21.12% of the company’s shares, while institutions hold 63.09% stake in the company. Shares short for OPTN as of 1728950400 were 8687573 with a Short Ratio of 21.14, compared to 1726185600 on 6964751. Therefore, it implies a Short% of Shares Outstanding of 8687573 and a Short% of Float of 7.32.
