At the time of writing, Opera Ltd ADR [OPRA] stock is trading at $15.70, up 5.76%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The OPRA shares have gain 6.48% over the last week, with a monthly amount glided 5.94%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Previously, Goldman started tracking the stock with Buy rating on December 13, 2023, and set its price target to $16.50. On May 21, 2020, Cowen initiated with a Outperform rating and assigned a price target of $10 on the stock. Lake Street started tracking the stock assigning a Buy rating and suggested a price target of $19 on October 02, 2019. B. Riley FBR initiated its recommendation with a Buy and recommended $14.50 as its price target on July 17, 2019. Citigroup started tracking with a Buy rating for this stock on November 29, 2018, and assigned it a price target of $9.
For the past year, the stock price of Opera Ltd ADR fluctuated between $10.11 and $17.31. Currently, Wall Street analysts expect the stock to reach $21 within the next 12 months. Opera Ltd ADR [NASDAQ: OPRA] shares were valued at $15.70 at the most recent close of the market. An investor can expect a potential return of 33.76% based on the average OPRA price forecast.
Analyzing the OPRA fundamentals
According to Opera Ltd ADR [NASDAQ:OPRA], the company’s sales were 428.22M for trailing twelve months, which represents an 18.20% jump. Gross Profit Margin for this corporation currently stands at 0.59% with Operating Profit Margin at 0.18%, Pretax Profit Margin comes in at 0.43%, and Net Profit Margin reading is 0.37%. To continue investigating profitability, this company’s Return on Assets is posted at 0.16, Equity is 0.18 and Total Capital is 0.08. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.01.
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 15.06 points at the first support level, and at 14.41 for the second support level. However, for the 1st resistance point, the stock is sitting at 16.05, and for the 2nd resistance point, it is at 16.39.
Ratios To Look Out For
It is important to note that Opera Ltd ADR [NASDAQ:OPRA] has a current ratio of 2.51. In addition, the Quick Ratio stands at 2.51 and the Cash Ratio stands at 1.4. Considering the valuation of this stock, the price to sales ratio is 3.24, the price to book ratio is 1.51 and price to earnings (TTM) ratio is 7.97.
Transactions by insiders
Recent insider trading involved Jacobsen Frode, Officer, that happened on Sep 18 ’24 when 40000.0 shares were purchased. Officer, Song Lin completed a deal on Sep 18 ’24 to buy 40000.0 shares.
