OptimizeRx Corp (NASDAQ: OPRX) is -62.75% lower on its value in year-to-date trading and has touched a low of $3.78 and a high of $16.65 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The OPRX stock was last observed hovering at around $4.99 in the last trading session, with the day’s gains setting it 0.34%.
Currently trading at $5.33, the stock is 4.18% and -13.07% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.18 million and changing 6.81% at the moment leaves the stock -45.32% off its SMA200. OPRX registered -42.93% loss for a year compared to 6-month loss of -55.95%. The firm has a 50-day simple moving average (SMA 50) of $6.1786 and a 200-day simple moving average (SMA200) of $9.7942.
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 -3.44% gain in the last 1 month and extending the period to 3 months gives it a -36.09%, and is 20.59% 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 10.13% over the week and 10.25% over the month.
OptimizeRx Corp (OPRX) has around 136 employees, a market worth around $98.18M and $88.18M in sales. Fwd P/E is 15.18. Profit margin for the company is -27.41%. Distance from 52-week low is 41.01% and -67.98% from its 52-week high. The company has generated returns on investments over the last 12 months (-16.33%).
The EPS is expected to grow by 9.61% this year
130.0 institutions hold shares in OptimizeRx Corp (OPRX), with institutional investors hold 80.65% of the company’s shares. The shares outstanding are 18.16M, and float is at 15.96M with Short Float at 6.62%. Institutions hold 70.02% of the Float.
The top institutional shareholder in the company is FIRST LIGHT ASSET MANAGEMENT, LLC with over 1.83 million shares valued at $18.27 million. The investor’s holdings represent 10.0548 of the OPRX Shares outstanding. As of 2024-06-30, the second largest holder is DIVISADERO STREET CAPITAL MANAGEMENT, LP with 1.32 million shares valued at $13.16 million to account for 7.2422 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 1.18 million shares representing 6.4689 and valued at over $11.75 million, while AWM INVESTMENT COMPANY, INC. holds 5.5166 of the shares totaling 1.0 million with a market value of $10.02 million.
OptimizeRx Corp (OPRX) Insider Activity
The most recent transaction is an insider sale by Odence-Ford Marion, the company’s General Counsel and CCO. SEC filings show that Odence-Ford Marion sold 4,000 shares of the company’s common stock on Jan 09 ’24 at a price of $15.19 per share for a total of $60751.0. Following the sale, the insider now owns 11114.0 shares.