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After finishing at $6.15 in the prior trading day, OptimizeRx Corp (NASDAQ: OPRX) closed at $4.06, down -33.98%. In other words, the price has decreased by -$33.98 from its previous closing price. On the day, 1.96 million shares were traded. OPRX stock price reached its highest trading level at $4.78 during the session, while it also had its lowest trading level at $3.95.
Ratios:
Our goal is to gain a better understanding of OPRX by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 3.07 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:
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 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 74411680 and an Enterprise Value of 101070896. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.84 while its Price-to-Book (P/B) ratio in mrq is 0.71. Its current Enterprise Value per Revenue stands at 1.146 whereas that against EBITDA is -30.323.
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 $5.04. The 50-Day Moving Average of the stock is -39.15%, while the 200-Day Moving Average is calculated to be -60.28%.
Shares Statistics:
The stock has traded on average 136.67K shares per day over the past 3-months and 419100 shares per day over the last 10 days, according to various share statistics. A total of 18.16M shares are outstanding, with a floating share count of 15.88M. Insiders hold about 13.35% of the company’s shares, while institutions hold 75.16% stake in the company. Shares short for OPRX as of 1730332800 were 956303 with a Short Ratio of 7.00, compared to 1727654400 on 839350. Therefore, it implies a Short% of Shares Outstanding of 956303 and a Short% of Float of 5.45.
