In the pursuit of market outperformance, investors navigate the landscape of stock selection. The right picks can play a pivotal role in enhancing your wealth.
In the latest session, OptiNose Inc (NASDAQ: OPTN) closed at $0.39 down -6.10% from its previous closing price of $0.42. In other words, the price has decreased by -$6.10 from its previous closing price. On the day, 0.65 million shares were traded. OPTN stock price reached its highest trading level at $0.4199 during the session, while it also had its lowest trading level at $0.3727.
Ratios:
For a deeper understanding of OptiNose Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.72 and its Current Ratio is at 0.79.
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:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Dec 17 ’24 when Marino Michael F III sold 3,050 shares for $0.44 per share. The transaction valued at 1,342 led to the insider holds 544,188 shares of the business.
Mahmoud Ramy A sold 4,614 shares of OPTN for $2,030 on Dec 17 ’24. The Chief Executive Officer now owns 1,197,483 shares after completing the transaction at $0.44 per share. On Dec 17 ’24, another insider, Michael F. Marino III, who serves as the Officer of the company, bought 3,304 shares for $0.45 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 59170612 and an Enterprise Value of -14107902. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.73. Its current Enterprise Value per Revenue stands at -0.186 whereas that against EBITDA is 0.748.
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 $0.32. The 50-Day Moving Average of the stock is -30.87%, while the 200-Day Moving Average is calculated to be -58.18%.
Shares Statistics:
For the past three months, OPTN has traded an average of 776.34K shares per day and 675200 over the past ten days. A total of 150.83M shares are outstanding, with a floating share count of 118.99M. Insiders hold about 21.11% of the company’s shares, while institutions hold 64.10% stake in the company. Shares short for OPTN as of 1734048000 were 3185744 with a Short Ratio of 4.10, compared to 1731628800 on 9073733. Therefore, it implies a Short% of Shares Outstanding of 3185744 and a Short% of Float of 2.4300002000000003.
