OptiNose Inc [OPTN] stock is trading at $0.54, up 8.60%. An important factor to consider is whether the stock is rising or falling in short-term value. The OPTN shares have gain 8.58% over the last week, with a monthly amount drifted -23.52%, and not seem to be holding up well over a long-time horizon.
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 [OPTN] stock has fluctuated between $0.32 and $2.10 over the past year. Currently, Wall Street analysts expect the stock to reach $1 within the next 12 months. OptiNose Inc [NASDAQ: OPTN] shares were valued at $0.54 at the most recent close of the market. An investor can expect a potential return of 85.19% based on the average OPTN price forecast.
Analyzing the OPTN fundamentals
OptiNose Inc [NASDAQ:OPTN] reported sales of 75.67M for the trailing twelve months, which represents a growth of 3.10%. Gross Profit Margin for this corporation currently stands at 0.9% with Operating Profit Margin at -0.25%, Pretax Profit Margin comes in at -0.41%, and Net Profit Margin reading is -0.41%. To continue investigating profitability, this company’s Return on Assets is posted at -0.24, Equity is 0.46 and Total Capital is 0.61. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of-3.07.
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 0.4980 points at the first support level, and at 0.4531 for the second support level. However, for the 1st resistance point, the stock is sitting at 0.5775, and for the 2nd resistance point, it is at 0.6121.
Ratios To Look Out For
For context, OptiNose Inc’s Current Ratio is 0.79. On the other hand, the Quick Ratio is 0.72, and the Cash Ratio is 0.51. Considering the valuation of this stock, the price to sales ratio is 1.18.
Transactions by insiders
Recent insider trading involved Marino Michael F III, Chief Legal Officer & Corp Sec, that happened on Sep 17 ’24 when 3226.0 shares were sold. Chief Executive Officer, Mahmoud Ramy A completed a deal on Sep 17 ’24 to sell 4881.0 shares. Meanwhile, Officer Michael F Marino III bought 3226.0 shares on Sep 17 ’24.
