In the last trading session, 4.91 million shares of the OptiNose Inc (NASDAQ:OPTN) were traded, and its beta was -0.15. Most recently the company’s share price was $0.34, and it changed around -$0.04 or -12.00% from the last close, which brings the market valuation of the company to $51.10M. OPTN currently trades at a discount to its 52-week high of $2.10, offering almost -517.65% off that amount. The share price’s 52-week low was $0.38, which indicates that the current value has fallen by an impressive -11.76% since then. We note from OptiNose Inc’s average daily trading volume that its 10-day average is 1.36 million shares, with the 3-month average coming to 496.74K.
OptiNose Inc stock received a consensus recommendation rating of Buy, based on a mean score of 1.00. If we narrow it down even further, the data shows that 0 out of 5 analysts rate the stock as a Sell; another 2 rate it as Overweight. Among the rest, 0 recommended OPTN as a Hold, whereas 3 deemed it a Buy, and 0 rated it as Underweight.
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OptiNose Inc (NASDAQ:OPTN) trade information
Instantly OPTN has showed a red trend with a performance of -12.00% at the end of last trading. The performance over the last five days has remained in the red territory. The rise to weekly highs of 0.5900 on recent trading dayincreased the stock’s daily price by 42.37%. The company’s shares are currently down -73.74% year-to-date, but still down -43.53% over the last five days. On the other hand, OptiNose Inc (NASDAQ:OPTN) is -56.56% down in the 30-day period. We can see from the shorts that 8.57 million shares have been sold at a short interest cover period of 34.65 day(s).
The consensus price target as assigned by Wall Street analysts is $3, which translates to bulls needing to increase their stock price by 88.67% from its current value. Analyst projections state that OPTN is forecast to be at a low of $1 and a high of $5.
OptiNose Inc (OPTN) estimates and forecasts
OptiNose Inc share prices are performing particularly well compared to other companies within the same industry. As is evident from the statistics, the company’s shares have fallen -70.79 percent over the past six months and at a 37.50% annual growth rate that is well above the industry average of 16.10%.
Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 34.78%.
OPTN Dividends
OptiNose Inc’s next quarterly earnings report is expected to be released in December.
OptiNose Inc (NASDAQ:OPTN)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 5.98% of OptiNose Inc shares, and 76.82% of them are in the hands of institutional investors. The stock currently has a share float of 81.71%. OptiNose Inc stock is held by 78.0 institutions, with FMR LLC being the largest institutional investor. By 2024-06-30, it held 14.2309% of the shares, which is about 16.02 million shares worth $16.66 million.
MVM PARTNERS, LLC, with 12.9715% or 14.61 million shares worth $15.04 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
