OpGen, Inc. (NASDAQ:OPGN) has a beta value of -0.47 and has seen 537,162 shares traded in the last trading session. The company, currently valued at $42.17 Million, closed the last trade at $2.13 per share which meant it lost -$0.03 on the day or -1.39% during that session. The OPGN stock price is -170.42% off its 52-week high price of $5.76 and 56.81% above the 52-week low of $0.92. If we look at the company’s 10-day average daily trading volume, we find that it stood at 451.96 Million shares traded. The 3-month trading volume is 6.37 Million shares.
The consensus among analysts is that OpGen, Inc. (OPGN) is a Buy stock at the moment, with a recommendation rating of 2. None of the analysts rate the stock as a Sell, while none rate it as Overweight. None out of 2 have rated it as a Hold, with 2 advising it as a Buy. None have rated the stock as Underweight. The expected earnings per share for the stock is -$0.36.
OpGen, Inc. (NASDAQ:OPGN) trade information
Despite being -1.39% in the red today, the stock has traded in the green over the last five days, with the highest price hit on Monday, Oct 26 when the OPGN stock price touched $2.47-1 or saw a rise of 13.77%. Year-to-date, OpGen, Inc. shares have moved 88.5%, while the 5-day performance has seen it change -13.77%. Over the past 30 days, the shares of OpGen, Inc. (NASDAQ:OPGN) have changed 0.47%. Short interest in the company has seen 2.13 Million shares shorted with days to cover at 0.33.
Wall Street analysts have a consensus price target for the stock at $5, which means that the shares’ value could jump 134.74% from current levels. The projected low price target is $5 while the price target rests at a high of $5. In that case, then, we find that the current price level is +134.74% off the targeted high while a plunge would see the stock lose 134.74% from current levels.
OpGen, Inc. (OPGN) estimates and forecasts
Figures show that OpGen, Inc. shares have underperformed across the wider relevant industry. The company’s shares have lost -7.79% over the past 6 months, with this year growth rate of -76.96%, compared to -1.5% for the industry. Other than that, the company has, however, increased its growth outlook for the 2020 fiscal year revenue. Growth estimates for the current quarter are 90.9% and 44.1% for the next quarter. Revenue growth from the last financial year stood is estimated to be +22.6%.
2 analysts offering their estimates for the company have set an average revenue estimate of $1Million for the current quarter. 2 have an estimated revenue figure of $1.35 Million for the next quarter concluding in December 01, 2020. Year-ago sales stood $950Million and $820Million respectively for this quarter and the next, and analysts expect sales will grow by 5.3% for the current quarter and 64.6% for the next.
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 +51.7% over the past 5 years. Earnings growth for 2020 is a modest +82.7%.
OpGen, Inc. (NASDAQ:OPGN)’s Major holders
Insiders own 13.76% of the company shares, while shares held by institutions stand at 6.84% with a share float percentage of 7.94%. Investors are also buoyed by the number of investors in a company, with OpGen, Inc. having a total of 19 institutions that hold shares in the company. The top two institutional holders are Vanguard Group, Inc. (The) with over 147.34 Thousand shares worth more than $300.58 Thousand. As of June 29, 2020, Vanguard Group, Inc. (The) held 0.74% of shares outstanding.
The other major institutional holder is Geode Capital Management, LLC, with the holding of over 56.17 Thousand shares as of June 29, 2020. The firm’s total holdings are worth over $114.58 Thousand and represent 0.28% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are Vanguard Extended Market Index Fund and Fidelity Extended Market Index Fund. As of June 29, 2020, the former fund manager holds about 0.74% shares in the company for having 147343 shares of worth $300.58 Thousand while later fund manager owns 54.86 Thousand shares of worth $116.85 Thousand as of August 30, 2020, which makes it owner of about 0.28% of company’s outstanding stock.