OpGen Inc. (NASDAQ:OPGN) has a beta value of -0.56 and has seen 2.71 million shares traded in the last trading session. The company, currently valued at $135.50M, closed the last trade at $3.58 per share which meant it gained $0.04 on the day or 1.13% during that session. The OPGN stock price is -22.07% off its 52-week high price of $4.37 and 54.47% above the 52-week low of $1.63. The 3-month trading volume is 1.26 million shares.
The consensus among analysts is that OpGen Inc. (OPGN) is a Buy stock at the moment, with a recommendation rating of 2.00. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 0 out of 2 have rated it as a Hold, with 2 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is -$0.2.
OpGen Inc. (NASDAQ:OPGN) trade information
Sporting 1.13% in the green in last session, the stock has traded in the green over the last five days, with the highest price hit on Friday, 09/03/21 when the OPGN stock price touched $3.58 or saw a rise of 3.76%. Year-to-date, OpGen Inc. shares have moved 75.49%, while the 5-day performance has seen it change 16.23%. Over the past 30 days, the shares of OpGen Inc. (NASDAQ:OPGN) have changed 44.94%.
Wall Street analysts have a consensus price target for the stock at $5.00, which means that the shares’ value could jump 28.4% from current levels. The projected low price target is $4.00 while the price target rests at a high of $6.00. In that case, then, we find that the current price level is -67.6% off the targeted high while a plunge would see the stock gain -11.73% from current levels.
OpGen Inc. (OPGN) estimates and forecasts
Figures show that OpGen Inc. shares have outperformed across the wider relevant industry. The company’s shares have gained 33.58% over the past 6 months, with this year growth rate of 39.16%, compared to 18.10% for the industry. Other than that, the company has, however, increased its growth outlook for the 2021 fiscal year revenue. Growth estimates for the current quarter are 59.20% and 50.00% for the next quarter. Revenue growth from the last financial year stood is estimated to be 27.90%.
2 analysts offering their estimates for the company have set an average revenue estimate of $1.12 million for the current quarter. 2 have an estimated revenue figure of $1.72 million for the next quarter concluding in Sep 2021.
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 70.20% over the past 5 years.
OpGen Inc. is expected to release its next earnings report between November 09 and November 15 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
OpGen Inc. (NASDAQ:OPGN)’s Major holders
Insiders own 0.21% of the company shares, while shares held by institutions stand at 7.40% with a share float percentage of 7.41%. Investors are also buoyed by the number of investors in a company, with OpGen Inc. having a total of 36 institutions that hold shares in the company. The top two institutional holders are Vanguard Group, Inc. (The) with over 1.38 million shares worth more than $3.14 million. As of Jun 29, 2021, Vanguard Group, Inc. (The) held 3.61% of shares outstanding.
The other major institutional holder is Geode Capital Management, LLC, with the holding of over 0.32 million shares as of Jun 29, 2021. The firm’s total holdings are worth over $0.73 million and represent 0.84% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are Vanguard Total Stock Market Index Fund and Vanguard Extended Market Index Fund. As of Jun 29, 2021, the former fund manager holds about 2.53% shares in the company for having 0.97 million shares of worth $2.2 million while later fund manager owns 0.36 million shares of worth $0.82 million as of Jun 29, 2021, which makes it owner of about 0.94% of company’s outstanding stock.