In last trading session, OptiNose Inc (NASDAQ:OPTN) saw 0.49 million shares changing hands with its beta currently measuring -0.05. Company’s recent per share price level of $0.70 trading at $0.02 or 2.79% at ring of the bell on the day assigns it a market valuation of $105.40M. That closing price of OPTN’s stock is at a discount of -200.0% from its 52-week high price of $2.10 and is indicating a premium of 2.86% from its 52-week low price of $0.68. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.68 million shares which gives us an average trading volume of 696.82K if we extend that period to 3-months.
For OptiNose Inc (OPTN), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.00. Splitting up the data highlights that, out of 5 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 0 suggested the stock as a Hold whereas 5 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -0.05 in the current quarter.
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OptiNose Inc (NASDAQ:OPTN) trade information
Upright in the green during last session for gaining 2.79%, in the last five days OPTN remained trading in the red while hitting it’s week-highest on Monday, 09/23/24 when the stock touched $0.70 price level, adding 11.35% to its value on the day. OptiNose Inc’s shares saw a change of -45.81% in year-to-date performance and have moved -8.22% in past 5-day. OptiNose Inc (NASDAQ:OPTN) showed a performance of -32.14% in past 30-days. Number of shares sold short was 6.96 million shares which calculate 23.09 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 4 to the stock, which implies a rise of 82.5% to its current value. Analysts have been projecting 3 as a low price target for the stock while placing it at a high target of 5. It follows that stock’s current price would drop -328.57% in reaching the projected high whereas dropping to the targeted low would mean a loss of -328.57% for stock’s current value.
OptiNose Inc (OPTN) estimates and forecasts
Statistics highlight that OptiNose Inc is scoring comparatively higher than the scores of other players of the relevant industry. The company lost -52.12% of value to its shares in past 6 months, showing an annual growth rate of 31.25% while that of industry is 20.50. Apart from that, the company came raising its revenue forecast for fiscal year 2024. This year revenue growth is estimated to rise 22.00% from the last financial year’s standing.
4 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 23M for the same. And 4 analysts are in estimates of company making revenue of 28.21M in the next quarter. Company posted 19.82M and 19.86M of sales in current and next quarters respectively a year earlier.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 34.78% during past 5 years.
OptiNose Inc (NASDAQ:OPTN)’s Major holders
Insiders are in possession of 5.97% of company’s total shares while institution are holding 76.95 percent of that, with stock having share float percentage of 81.83%. Investors also watch the number of corporate investors in a company very closely, which is 76.95% institutions for OptiNose Inc that are currently holding shares of the company. FMR LLC is the top institutional holder at OPTN for having 16.02 million shares of worth $16.66 million. And as of 2024-06-30, it was holding 14.2309 of the company’s outstanding shares.
The second largest institutional holder is MVM PARTNERS, LLC, which was holding about 14.61 million shares on 2024-06-30. The number of shares represents firm’s hold over 12.9715 of outstanding shares, having a total worth of $15.04 million.
