OptiNose Inc (OPTN) concluded trading on Wednesday at a closing price of $0.51, with 5.39 million shares of worth about $2.75 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -57.20% during that period and on November 13, 2024 the price saw a loss of about -15.47%. Currently the company’s common shares owned by public are about 150.78M shares, out of which, 118.93M shares are available for trading.
Stock saw a price change of -28.56% in past 5 days and over the past one month there was a price change of -27.90%. Year-to-date (YTD), OPTN shares are showing a performance of -60.68% which decreased to -58.43% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $0.57 but also hit the highest price of $2.10 during that period. The average intraday trading volume for OptiNose Inc shares is 354.79K. The stock is currently trading -30.20% below its 20-day simple moving average (SMA20), while that difference is down -32.85% for SMA50 and it goes to -53.77% lower than SMA200.
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OptiNose Inc (NASDAQ: OPTN) currently have 150.78M outstanding shares and institutions hold larger chunk of about 63.95% of that.
The stock has a current market capitalization of $76.48M and its 3Y-monthly beta is at -0.12. It has posted earnings per share of -$0.28 in the same period. It has Quick Ratio of 0.72. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for OPTN, volatility over the week remained 13.35% while standing at 8.30% over the month.
Stock’s fiscal year EPS is expected to rise by 35.28% while it is estimated to increase by 56.89% in next year.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by H.C. Wainwright on March 11, 2024 offering a Buy rating for the stock and assigned a target price of $5 to it. Coverage by Lake Street stated OptiNose Inc (OPTN) stock as a Buy in their note to investors on August 21, 2023, suggesting a price target of $3 for the stock. On October 21, 2022, Jefferies Resumed their recommendations, while on April 07, 2021, RBC Capital Mkts Resumed their ratings for the stock with a price target of $17. Stock get an Outperform rating from Cowen on December 18, 2019.
