Opes Acquisition Corp. (NASDAQ:OPES) has a beta value of 0.09 and has seen 1,132,591 shares traded in the recent trading session. The company, currently valued at $134.29 Million, closed the recent trade at $17.09 per share which meant it gained $0.7 on the day or 4.33% during that session. The OPES stock price is -16.56% off its 52-week high price of $19.92 and 44% above the 52-week low of $9.57. If we look at the company’s 10-day average daily trading volume, we find that it stood at 661.82 Million shares traded. The 3-month trading volume is 321.1 Million shares.

Opes Acquisition Corp. (NASDAQ:OPES) trade information

Sporting 4.7% in the green today, the stock has traded in the green over the last five days, with the highest price hit on Tuesday, Jun 30 when the OPES stock price touched $19.35- or saw a rise of 12.2%. Year-to-date, Opes Acquisition Corp. shares have moved 61.35%, while the 5-day performance has seen it change 6.19%. Over the past 30 days, the shares of Opes Acquisition Corp. (NASDAQ:OPES) have changed 60.43%. Short interest in the company has seen 184.51 Million shares shorted with days to cover at 0.57.

Opes Acquisition Corp. (OPES) estimates and forecasts

If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was +0% over the past 5 years. Earnings growth for 2020 is a modest +19.5% while over the next 5 years, the company’s earnings are expected to increase by 0%.

Opes Acquisition Corp. (NASDAQ:OPES)’s Major holders

Insiders own 24.54% of the company shares, while shares held by institutions stand at 106.31% with a share float percentage of 140.89%. Investors are also buoyed by the number of investors in a company, with Opes Acquisition Corp. having a total of 28 institutions that hold shares in the company. The top two institutional holders are Mizuho Securities USA, Inc. with over 1.18 Million shares worth more than $12.39 Million. As of December 30, 2019, Mizuho Securities USA, Inc. held 14.97% of shares outstanding.

The other major institutional holder is Westchester Capital Management, LLC, with the holding of over 624.38 Thousand shares as of December 30, 2019. The firm’s total holdings are worth over $6.57 Million and represent 7.94% of shares outstanding.