At the time of writing, Opgen Inc [OPGN] stock is trading at $0.69, down -3.14%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The OPGN shares have gain 35.74% over the last week, with a monthly amount glided 49.37%, and seem to be holding up well over a long-time horizon.
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On 25, March 2024, OpGen Announces Acquisition of Preferred Stock by David Lazar. In a post published today on Yahoo Finance, David Lazar invests $3 million in Preferred Stock.
From an analyst’s perspective:
Opgen Inc [NASDAQ: OPGN] stock has seen the most recent analyst activity on March 01, 2019, when Alliance Global Partners initiated its Buy rating and assigned the stock a price target of $2.30. Previously, H.C. Wainwright reaffirmed its Buy rating on February 07, 2018, and elevated its price target to $9. On June 29, 2016, Rodman & Renshaw initiated with a Buy rating and assigned a price target of $2.50 on the stock.
For the past year, the stock price of Opgen Inc fluctuated between $0.17 and $3.84. Currently, Wall Street analysts expect the stock to reach $0.67 within the next 12 months. Opgen Inc [NASDAQ: OPGN] shares were valued at $0.69 at the most recent close of the market. An investor can expect a potential drop of -2.9% based on the average OPGN price forecast.
Analyzing the OPGN fundamentals
According to Opgen Inc [NASDAQ:OPGN], the company’s sales were 3.07M for trailing twelve months, which represents an 55.78% jump. Gross Profit Margin for this corporation currently stands at 0.07% with Operating Profit Margin at -5.98%, Pretax Profit Margin comes in at -8.52%, and Net Profit Margin reading is -8.76%. To continue investigating profitability, this company’s Return on Assets is posted at -1.48, Equity is -4.09 and Total Capital is -3.24. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of4.69.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 0.6467 points at the first support level, and at 0.5983 for the second support level. However, for the 1st resistance point, the stock is sitting at 0.7467, and for the 2nd resistance point, it is at 0.7983.
Opgen Inc [OPGN] reported earnings per share of -$0.46 for its fiscal quarter that ended on 9/29/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of -$0.43/share, meaning a difference of -$0.03 and a surprise factor of -7.00%. By comparison, the stated earnings for the previous quarter ended on 6/29/2023 were -$0.93 per share as compared to estimates of -$0.71 per share, a difference of -$0.22 representing a surprise of -31.00%.
Ratios To Look Out For
It is important to note that Opgen Inc [NASDAQ:OPGN] has a current ratio of 0.28. As well, the Quick Ratio is 0.18, while the Cash Ratio is 0.02. Considering the valuation of this stock, the price to sales ratio is 2.27, the price to book ratio is 2.60.
