The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. After-hours trades for OptiNose Inc. (OPTN) shows that investor sentiment remained same, with the stock’s consolidated last price remained same to $1.35. The OptiNose Inc. has recorded 3,416 volume in the after hours trading session. The stock was recently discussed on Yahoo Finance as it revealed that Optinose Reports First Quarter 2023 Financial Results and Operational Updates.
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OptiNose Inc. is listed on the NASDAQ as a member of the Healthcare sector and is a part of the Drug Manufacturers – Specialty & Generic industry. At the end of the last regular session, the stock closed at $1.35 and fluctuated between $1.4800 as its day high and $1.2900 as its day low. The current market capitalization of OptiNose Inc. is $186.58M. A total of 0.63 million shares were traded on the day, compared to an average of 240.96K shares.
Additionally, investors take into account insider trades when predicting how a stock will perform. During the recent three months, OPTN has seen 4 BUY and 2 SELL insider trades, representing the acquisition of 198,138 and the disposition of 16,012 shares. Over the last 12 months, there were 21 BUYs and 25 SELLs from insiders. Insiders purchased 2,885,669 shares during that period but sold 279,986.
In the most recent transaction, Mahmoud Ramy A sold 11,040 shares of OPTN for 1.79 per share on Mar 16. After the transaction, the Chief Executive Officer now owns 517,128 company shares. In a previous transaction on Mar 16, Marino Michael F III sold 4,972 shares at 1.79 per share. OPTN shares that Chief Legal Officer & Corp Sec owns now total 333,573.
Among the insiders who sold shares, Miller Peter K disposed of 29,664 shares on Jan 13 at a per-share price of $1.77. This resulted in the Chief Executive Officer holding 853,384 shares of OPTN after the transaction. In another insider transaction, Marino Michael F III sold 5,241 shares at $1.77 per share on Jan 13. Company shares held by the Chief Legal Officer & Corp Sec now total 180,353.
Though price targets are rarely accurate, they can exert some influence from time to time and were often accepted as valuable by the market. According to analysts who have offered 12-month price targets for OPTN in the last 3 months, the mean price target is $4.00 with high estimates of $5.00 and low estimates of $3.00. In terms of 52-week highs and lows, OPTN has a high of $4.30 and a low of $1.24.
As of this writing, OPTN has an earnings estimate of -$0.11 per share for the current quarter. EPS was calculated based on a consensus of 3 estimates, with a high estimate of -$0.1 per share and a lower estimate of -$0.12.
Balance Sheet Annually/Quarterly
A balance sheet is a report that shows the company’s assets and liabilities. In addition, it shows how much equity investors have invested in the company. Investors can determine the company’s prospects by calculating its financial ratios based on this information. OPTN’s latest balance sheet shows that the firm has $110.50M in Cash & Short Term Investments as of fiscal 2021. There were $130.70M in debt and $59.23M in liabilities at the time. Its Book Value Per Share was -$0.66, while its Total Shareholder’s Equity was -$21.77M.
It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for OPTN is Buy with a score of 5.00.