OptiNose Inc [OPTN] stock prices are down -2.80% to $1.04 at the moment. Until recently, the best way to gauge how the stock has performed was to look at its short-term value.
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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.
The stock price of OptiNose Inc [OPTN] has been fluctuating between $0.80 and $2.10 over the past year. Currently, Wall Street analysts expect the stock to reach $4 within the next 12 months. OptiNose Inc [NASDAQ: OPTN] shares were valued at $1.04 at the most recent close of the market. An investor can expect a potential return of 284.62% based on the average OPTN price forecast.
Analyzing the OPTN fundamentals
The OptiNose Inc [NASDAQ:OPTN] reported sales of 75.06M for trailing twelve months, representing a surge of 5.33%. 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. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of-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 1.0217 points at the first support level, and at 1.0033 for the second support level. However, for the 1st resistance point, the stock is sitting at 1.0667, and for the 2nd resistance point, it is at 1.0933.
Ratios To Look Out For
It’s worth pointing out that OptiNose Inc [NASDAQ:OPTN]’s Current Ratio is 3.94. As well, the Quick Ratio is 3.59, while the Cash Ratio is 2.79. Considering the valuation of this stock, the price to sales ratio is 2.09.
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.
