Opgen Inc (NASDAQ:OPGN)’s traded shares stood at 1.58 million during the last session, with the company’s beta value hitting -0.71. At the close of trading, the stock’s price was $0.69, to imply a decrease of -3.14% or -$0.03 in intraday trading. The OPGN share’s 52-week high remains $3.84, putting it -456.52% down since that peak but still an impressive 75.36% since price per share fell to its 52-week low of $0.17. The company has a valuation of $6.96M, with an average of 8.97 million shares in intraday trading volume over the past 10 days and average of 1.59 million shares over the past 3 months.
Opgen Inc (NASDAQ:OPGN) trade information
After registering a -3.14% downside in the last session, Opgen Inc (OPGN) has traded red over the past five days. The stock hit a weekly high of 0.9900, dropping -3.14% in its intraday price action. The 5-day price performance for the stock is 35.74%, and 49.37% over 30 days. With these gigs, the year-to-date price performance is 65.48%. Short interest in Opgen Inc (NASDAQ:OPGN) saw shorts transact 20810.0 shares and set a 0.09 days time to cover.
Opgen Inc (OPGN) estimates and forecasts
Looking at statistics comparing Opgen Inc share performance against respective industry, we note that the company has outperformed competitors. Opgen Inc (OPGN) shares are 235.75% up over the last 6 months, with its year-to-date growth rate higher than industry average at 80.22% against 14.00%. Revenue is forecast to grow 97.80% this quarter before jumping 97.70% for the next one. The rating firms project that company’s revenue will grow 0.10% compared to the previous financial year.
Revenue forecast for the current quarter as set by 1 analysts is $640k. Meanwhile, for the quarter ending Mar 2024, a total of 1 analyst(s) estimate revenue growth to $600k.
OPGN Dividends
Opgen Inc has its next earnings report out between March 27 and April 01. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. Opgen Inc has a forward dividend ratio of 0, with the share yield ticking at 0.00% to continue the rising pattern observed over the past year. The company’s average dividend yield trailing the past 5-year period is 0.00%.
Opgen Inc (NASDAQ:OPGN)’s Major holders
Opgen Inc insiders hold 0.42% of total outstanding shares, with institutional holders owning 2.68% of the shares at 2.69% float percentage. In total, 2.68% institutions holds shares in the company, led by Armistice Capital, LLC. As of Jun 29, 2023, the company held over 0.63 million shares (or 7.04% of shares), all amounting to roughly $0.51 million.
The next major institution holding the largest number of shares is Vanguard Group Inc with 36701.0 shares, or about 0.41% of shares outstanding. As of the market price on Jun 29, 2023, these shares were worth $29907.0.
We also have Vanguard Extended Market Index Fund and Fidelity Extended Market Index Fund as the top two Mutual Funds with the largest holdings of the Opgen Inc (OPGN) shares. Going by data provided on Jun 29, 2023, Vanguard Extended Market Index Fund holds roughly 36701.0 shares. This is just over 0.41% of the total shares, with a market valuation of $29907.0. Data from the same date shows that the other fund manager holds a little less at 9677.0, or 0.11% of the shares, all valued at about 7273.0.
