Opgen Inc (OPGN) Has A Bright Growth Prospects For 2024

Opgen Inc (NASDAQ:OPGN) has a beta value of -0.56 and has seen 1.14 million shares traded in the last trading session. The company, currently valued at $5.09M, closed the last trade at $0.40 per share which meant it lost -$0.14 on the day or -24.67% during that session. The OPGN stock price is -860.0% off its 52-week high price of $3.84 and 57.5% above the 52-week low of $0.17. The 3-month trading volume is 1.73 million shares.

Opgen Inc (NASDAQ:OPGN) trade information

Sporting -24.67% in the red in last session, the stock has traded in the red over the last five days, when the OPGN stock price touched $0.40 or saw a rise of 33.44%. Year-to-date, Opgen Inc shares have moved -4.05%, while the 5-day performance has seen it change -34.26%. Over the past 30 days, the shares of Opgen Inc (NASDAQ:OPGN) have changed -32.44%.

Opgen Inc (OPGN) estimates and forecasts

The company’s shares have lost -36.30% over the past 6 months, compared to 12.30% for the industry. Revenue growth from the last financial year stood is estimated to be 0.10%.

1 analysts offering their estimates for the company have set an average revenue estimate of $640k for the current quarter. 1 have an estimated revenue figure of $600k for the next quarter concluding in Mar 2024.

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 67.03% over the past 5 years.

OPGN Dividends

Opgen Inc is expected to release its next earnings report in June this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.