A share price of Opera Ltd ADR [OPRA] is currently trading at $19.73, up 4.95%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The OPRA shares have gain 7.58% over the last week, with a monthly amount glided 28.12%, and seem to be holding up well over a long-time horizon.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
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.
Opera Ltd ADR experienced fluctuations in its stock price throughout the past year between $10.11 and $19.69. Currently, Wall Street analysts expect the stock to reach $21 within the next 12 months. Opera Ltd ADR [NASDAQ: OPRA] shares were valued at $19.73 at the most recent close of the market. An investor can expect a potential return of 6.44% based on the average OPRA price forecast.
Analyzing the OPRA fundamentals
Trailing Twelve Months sales for Opera Ltd ADR [NASDAQ:OPRA] were 448.79M which represents 20.00% growth. Gross Profit Margin for this corporation currently stands at 0.53% with Operating Profit Margin at 0.19%, Pretax Profit Margin comes in at 0.43%, and Net Profit Margin reading is 0.36%. To continue investigating profitability, this company’s Return on Assets is posted at 0.16, Equity is 0.17 and Total Capital is 0.09.
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 18.98 points at the first support level, and at 18.22 for the second support level. However, for the 1st resistance point, the stock is sitting at 20.19, and for the 2nd resistance point, it is at 20.64.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Opera Ltd ADR [NASDAQ:OPRA] is 2.10. As well, the Quick Ratio is 2.10, while the Cash Ratio is 1.15. Considering the valuation of this stock, the price to sales ratio is 3.89, the price to book ratio is 1.91 and price to earnings (TTM) ratio is 9.94.
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.
