OptiNose Inc (NASDAQ: OPTN) is 50.00% higher on its value in year-to-date trading and has touched a low of $0.90 and a high of $2.07 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The OPTN stock was last observed hovering at around $1.88 in the last trading session, with the day’s gains setting it 0.05%.
Currently trading at $1.93, the stock is 13.79% and 32.18% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.24 million and changing 2.93% at the moment leaves the stock 52.26% off its SMA200. OPTN registered 5.74% gain for a year compared to 6-month loss of 41.24%. The firm has a 50-day simple moving average (SMA 50) of $3.89 and a 200-day simple moving average (SMA200) of -$17.75.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The stock witnessed a 43.33% gain in the last 1 month and extending the period to 3 months gives it a 61.25%, and is 4.03% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 8.98% over the week and 8.67% over the month.
OptiNose Inc (OPTN) has around 132 employees, a market worth around $217.98M and $70.99M in sales. Profit margin for the company is -50.06%. Distance from 52-week low is 115.00% and -6.52% from its 52-week high.
OptiNose Inc quarterly earnings per share for the current quarter are estimated at -$0.11 with sales reaching $12.94M over the same period.The EPS is expected to grow by 18.53% this year, but quarterly earnings will post 28.70% year-over-year. Quarterly sales are estimated to grow 9.20% in year-over-year returns.
OptiNose Inc (OPTN) Top Institutional Holders
98 institutions hold shares in OptiNose Inc (OPTN), with institutional investors hold 85.29% of the company’s shares. The shares outstanding are 112.40M, and float is at 80.28M with Short Float at 4.00%. Institutions hold 77.61% of the Float.
The top institutional shareholder in the company is FMR, LLC with over 14.8 million shares valued at $18.21 million. The investor’s holdings represent 13.19% of the OPTN Shares outstanding. As of Dec 30, 2022, the second largest holder is MVM Partners, LLC with 14.61 million shares valued at $27.02 million to account for 13.01% of the shares outstanding. The other top investors are Great Point Partners LLC which holds 8.84 million shares representing 7.88% and valued at over $10.87 million, while Bleichroeder LP holds 3.60% of the shares totaling 4.05 million with a market value of $4.98 million.
OptiNose Inc (OPTN) Insider Activity
The most recent transaction is an insider sale by Mahmoud Ramy A,the company’sChief Executive Officer. SEC filings show that Mahmoud Ramy A sold 52,875 shares of the company’s common stock on Jan 31 ’24 at a price of $1.31 per share for a total of $69266.0. Following the sale, the insider now owns 0.55 million shares.
OptiNose Inc disclosed in a document filed with the SEC on Dec 18 ’23 that Mahmoud Ramy A (Chief Executive Officer) sold a total of 11,114 shares of the company’s common stock. The trade occurred on Dec 18 ’23 and was made at $1.15 per share for $12781.0. Following the transaction, the insider now directly holds 0.51 million shares of the OPTN stock.
Still, SEC filings show that on Dec 18 ’23, Marino Michael F III (Chief Legal Officer & Corp Sec) disposed off 5,005 shares at an average price of $1.15 for $5756.0. The insider now directly holds 333,511 shares of OptiNose Inc (OPTN).
