A share price of OptiNose Inc [OPTN] is currently trading at $1.03, up 10.55%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The OPTN shares have gain 10.52% over the last week, with a monthly amount drifted -2.83%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
OptiNose Inc [NASDAQ: OPTN] stock has seen the most recent analyst activity on March 11, 2024, when H.C. Wainwright initiated its Buy rating and assigned the stock a price target of $5. Previously, Lake Street started tracking the stock with Buy rating on August 21, 2023, and set its price target to $3. Cowen initiated its recommendation with a Outperform and recommended $25 as its price target on December 18, 2019.
OptiNose Inc experienced fluctuations in its stock price throughout the past year between $0.80 and $2.10. Currently, Wall Street analysts expect the stock to reach $4 within the next 12 months. OptiNose Inc [NASDAQ: OPTN] shares were valued at $1.03 at the most recent close of the market. An investor can expect a potential return of 288.35% based on the average OPTN price forecast.
Analyzing the OPTN fundamentals
Trailing Twelve Months sales for OptiNose Inc [NASDAQ:OPTN] were 75.06M which represents 5.33% growth. Gross Profit Margin for this corporation currently stands at 0.9% with Operating Profit Margin at -0.25%, Pretax Profit Margin comes in at -0.55%, and Net Profit Margin reading is -0.55%. To continue investigating profitability, this company’s Return on Assets is posted at -0.31, Equity is 0.53 and Total Capital is -0.19. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at -2.94.
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 0.9517 points at the first support level, and at 0.8733 for the second support level. However, for the 1st resistance point, the stock is sitting at 1.0767, and for the 2nd resistance point, it is at 1.1233.
Ratios To Look Out For
To put it in perspective, the Current Ratio for OptiNose Inc [NASDAQ:OPTN] is 3.94. In addition, the Quick Ratio stands at 3.59 and the Cash Ratio stands at 2.79. Considering the valuation of this stock, the price to sales ratio is 2.07.
Transactions by insiders
Recent insider trading involved Krick Anthony J, Chief Accounting Officer, that happened on Jul 17 ’24 when 6845.0 shares were sold. Chief Legal Officer & Corp Sec, Marino Michael F III completed a deal on Jul 17 ’24 to sell 49408.0 shares. Meanwhile, Chief Executive Officer Mahmoud Ramy A sold 0.11 million shares on Jul 17 ’24.
