Is It the fundamentals that draw people into OptimizeRx Corporation [OPRX]

Over the past three months, OptimizeRx Corporation [OPRX] ended the trading day at $28.15 and exhibited a change of 9.62% with a 24 hour trading and reached upto the volume of 165.91K compared to its recorded trading volume of 0.28 million. OPRX generated a 1 year amount change with 172.61%. Though for Principal markets a year is counted as a long time period. By having a look at the most recent performance of this stock, in the last week its amount moved by 7.13% with an amount shift of 29.50% over the last month.

On 1, December 2020, OptimizeRx Launches AI-Powered Real-World Evidence Solution on Its Point-of-Care Platform. According to news published on Yahoo Finance, For the First Time, Real-World Data is Used to Deliver Real-Time Care Support Information at the Point-Of-Care.

In the past 52 weeks of trading, this stock has oscillated between a low of $6.50 and a peak of $27.20. Right now, according to Wall Street analyst the average 12-month amount target is $33.33. At the most recent market close, shares of OptimizeRx Corporation [NASDAQ:OPRX] were valued at $28.15. According to the average price forecast, investors can expect a potential return of 1.97%.

FUNDAMENTAL ANALYSIS

OptimizeRx Corporation [NASDAQ:OPRX] most recently reported quarterly sales of 10.52 billion, which represented growth of 110.00%. This publicly-traded organization’s revenue is $491,965 per employee, while its income is -$62,852 per employee. This company’s Gross Margin is currently 58.30%, its Operating Margin is -16.90%, its Pretax Margin is -16.43, and its Net Margin is -12.78. Continuing to look at profitability, this corporation’s Return on Assets, Equity, Whole Principal & invested Principal is sitting at -7.69, -9.93, -9.06 and -9.86 respectively.

The Principal structure of this organization shows its whole liability to whole principal at 1.24 and the whole liability to whole assets at 1.00. It shows enduring liability to the whole principal at 0.99 and enduring liability to assets at 0.01 while looking for an extended time period.

Readers are usually of view to make a close observation to the indicators that support and make resistance before moving to any particular stock. As of now, the company’s stock is sitting at 25.21 points at 1st support level, the second support level is making up to 24.74. But as of 1st resistance point, this stock is sitting at 26.16 and at 26.64 for 2nd resistance point.

OptimizeRx Corporation [OPRX] reported its earnings at $0.07 per share in the fiscal quarter closing of 9/29/2020. The Analysts for Wall Street were expecting to report its earnings at $0.04/share signifying the difference of 0.03 and 75.00% surprise value. Comparing the previous quarter ending of 6/29/2020, the stated earnings were $0.02 calling estimates for -$0.03/share with the difference of 0.05 depicting the surprise of 166.70%.

Important Ratio’s To Watch

Meanwhile, turning our focus to liquidity, the Current Ratio for OptimizeRx Corporation [NASDAQ:OPRX] is 3.40. Likewise, the Quick ratio is also the same, showing Cash ratio at 3.09. Now if looking for a valuation of this stock’s amount to sales ratio it’s 5.59 and it’s amount to book ratio is 3.34.

Insider Stories

The most recent insider trade was by BAKER DOUGLAS P, CHIEF FINANCIAL OFFICER, and it was the sale of 15000.0 shares on Nov 11. BAKER DOUGLAS P, the CHIEF FINANCIAL OFFICER, completed a sale of 10000.0 shares on Sep 02. On Aug 13, BAKER DOUGLAS P, CHIEF FINANCIAL OFFICER, completed a sale of 10000.0 shares.