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Tuesday, September 26, 2023

Today, OPAL Fuels Inc. (NASDAQ: OPAL) Takes Center Stage

After Hours

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 OPAL Fuels Inc. (OPAL) shows that investor sentiment remained broken, with the stock’s consolidated last price falling by -$0.25, or -3.44%, to $7.01. The OPAL Fuels Inc. has recorded 95,283 volume in the after hours trading session. Most recently, Yahoo Finance reported about the stock as it publicized that OPAL Fuels Announces New $500 Million Credit Facility.

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Stocks Info

The company is listed on the NASDAQ and operates within the Utilities – Regulated Gas industry segment. At the end of the last regular session, the stock closed at $7.26 and fluctuated between $7.55 as its day high and $6.00 as its day low. The current market capitalization of OPAL Fuels Inc. is $1.14B. A total of 0.94 million shares were traded on the day, compared to an average of 72.14K shares.

Insider Activity

Furthermore, investors take into consideration insider trades when predicting a stock’s future trajectory. During the recent three months, OPAL has seen 0 BUY and 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 13 BUYs and 19 SELLs from insiders. Insiders purchased 2,385,625 shares during that period but sold 9,294,743.

In the most recent transaction, Dols Scott V. bought 1,500 shares of OPAL for 5.91 per share on May 22. After the transaction, the Director now owns 1,601 company shares. In a previous transaction on May 19, Dols Scott V. bought 924 shares at 5.82 per share. OPAL shares that Director owns now total 701.

Among the insiders who bought shares, Anthony Ann T acquired of 520 shares on May 18 at a per-share price of $5.90. This resulted in the Chief Financial Officer holding 6,843 shares of OPAL after the transaction. In another insider transaction, Gatti Marco F. sold 154,471 shares at $6.50 per share on May 18. Company shares held by the Director now total 342,381.

It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. According to analysts who have offered 12-month price targets for OPAL in the last 3 months, the mean price target is $11.85 with high estimates of $15.00 and low estimates of $5.80. In terms of 52-week highs and lows, OPAL has a high of $10.79 and a low of $5.25.

As of this writing, OPAL has an earnings estimate of $0.11 per share for the current quarter. EPS was calculated based on a consensus of 4 estimates, with a high estimate of $0.3 per share and a lower estimate of -$0.1. The company reported an EPS of -$0.06 in the last quarter, which was -500.00% lower than expectations of -$0.01.

Balance Sheet Annually/Quarterly

An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on this information. OPAL’s latest balance sheet shows that the firm has $39.31M in Cash & Short Term Investments as of fiscal 2021. There were $229.10M in debt and $142.12M in liabilities at the time. Its Book Value Per Share was -$28.23, while its Total Shareholder’s Equity was $31.41M.

Analysts Opinion

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. 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 OPAL is Buy with a score of 5.00.

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