Ratios Reveal: Breaking Down Opera Ltd ADR (OPRA)’s Financial Health

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Opera Ltd ADR (NASDAQ: OPRA) closed the day trading at $13.34 down -1.91% from the previous closing price of $13.60. In other words, the price has decreased by -$1.91 from its previous closing price. On the day, 1.18 million shares were traded. OPRA stock price reached its highest trading level at $13.6725 during the session, while it also had its lowest trading level at $12.86.

Ratios:

For a better understanding of OPRA, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 2.10 and its Current Ratio is at 2.10. In the meantime, Its Debt-to-Equity ratio is 0.01 whereas as Long-Term Debt/Eq ratio is at 0.01.

On December 13, 2023, Goldman started tracking the stock assigning a Buy rating and target price of $16.50.

On May 21, 2020, Cowen started tracking the stock assigning a Outperform rating and target price of $10.Cowen initiated its Outperform rating on May 21, 2020, with a $10 target price.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, OPRA now has a Market Capitalization of 1179976320 and an Enterprise Value of 2279336448. As of this moment, Opera’s Price-to-Earnings (P/E) ratio for their current fiscal year is 7.02, and their Forward P/E ratio for the next fiscal year is 13.75. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.87 while its Price-to-Book (P/B) ratio in mrq is 1.31. Its current Enterprise Value per Revenue stands at 5.537 whereas that against EBITDA is 30.592.

Stock Price History:

Over the past 52 weeks, OPRA has reached a high of $28.58, while it has fallen to a 52-week low of $9.40. The 50-Day Moving Average of the stock is -6.43%, while the 200-Day Moving Average is calculated to be -1.58%.

Shares Statistics:

Over the past 3-months, OPRA traded about 1.04M shares per day on average, while over the past 10 days, OPRA traded about 826540 shares per day. Shares short for OPRA as of 1713139200 were 3657711 with a Short Ratio of 3.53, compared to 1710460800 on 3710286. Therefore, it implies a Short% of Shares Outstanding of 3657711 and a Short% of Float of 15.560001000000002.

Dividends & Splits

OPRA’s forward annual dividend rate is 0.80, up from 0.8 a year ago. Against a Trailing Annual Dividend Yield of 0.05882353

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