For those desiring to outshine the market, the strategic selection of individual stocks is paramount. Well-chosen stocks have the potential to substantially boost your wealth.
The price of Oportun Financial Corp (NASDAQ: OPRT) closed at $7.51 in the last session, down -4.82% from day before closing price of $7.89. In other words, the price has decreased by -$4.82 from its previous closing price. On the day, 0.58 million shares were traded.
Ratios:
We take a closer look at OPRT’s different ratios to gain a better understanding of the stock. In the meantime, Its Debt-to-Equity ratio is 7.98 whereas as Long-Term Debt/Eq ratio is at 6.43.
On March 14, 2024, Jefferies Downgraded its rating to Hold which previously was Buy and also lowered its target price recommendation from $9 to $3.50.
JP Morgan Downgraded its Overweight to Neutral on October 17, 2023, whereas the target price for the stock was revised from $7 to $8.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Dec 13 ’24 when Daswani Mohit bought 7,420 shares for $3.90 per share. The transaction valued at 28,938 led to the insider holds 41,924 shares of the business.
Minetti Carlos bought 15,000 shares of OPRT for $58,350 on Dec 13 ’24. The Director now owns 49,504 shares after completing the transaction at $3.89 per share. On Dec 11 ’24, another insider, Williams R Neil, who serves as the Director of the company, bought 25,000 shares for $3.87 each. As a result, the insider paid 96,750 and bolstered with 140,338 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 0.27 while its Price-to-Book (P/B) ratio in mrq is 0.77.
Stock Price History:
Over the past 52 weeks, OPRT has reached a high of $9.24, while it has fallen to a 52-week low of $2.05. The 50-Day Moving Average of the stock is 60.39%, while the 200-Day Moving Average is calculated to be 117.76%.
Shares Statistics:
A total of 36.11M shares are outstanding, with a floating share count of 30.77M. Insiders hold about 14.84% of the company’s shares, while institutions hold 58.14% stake in the company.
