It’s Not Over Yet For OptiNose Inc (NASDAQ: OPTN)

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. Most recently, Yahoo Finance reported about the stock as it publicized that Optinose Announces Reporting Date for Fourth Quarter 2023 Financial Results.

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Stocks Info

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. The current market capitalization of OptiNose Inc is $194.30M. A total of 0.65 million shares were traded on the day, compared to an average of 383.20K shares.

Insider Activity

Additionally, investors take into account insider trades when predicting how a stock will perform. During the recent three months, OPTN 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 8 BUYs and 9 SELLs from insiders. Insiders purchased 260,255 shares during that period but sold 14,276,495.

In the most recent transaction, Mahmoud Ramy A sold 52,875 shares of OPTN for 1.31 per share on Jan 31. After the transaction, the Chief Executive Officer now owns 548,387 company shares. In a previous transaction on Dec 18, Mahmoud Ramy A sold 11,114 shares at 1.15 per share. OPTN shares that Chief Executive Officer owns now total 509,728.

Among the insiders who sold shares, Marino Michael F III disposed of 5,005 shares on Dec 18 at a per-share price of $1.15. This resulted in the Chief Legal Officer & Corp Sec holding 333,511 shares of OPTN after the transaction. In another insider transaction, Mahmoud Ramy A sold 11,083 shares at $1.37 per share on Sep 18. Company shares held by the Chief Executive Officer now total 514,729.

Though price targets are rarely accurate, they can exert some influence from time to time and were often accepted as valuable by the market. In terms of 52-week highs and lows, OPTN has a high of $2.07 and a low of $0.90.

As of this writing, OPTN has an earnings estimate of -$0.09 per share for the current quarter. EPS was calculated based on a consensus of 3 estimates, with a high estimate of -$0.09 per share and a lower estimate of -$0.1. The company reported an EPS of $0.02 in the last quarter, which was 118.20% higher than expectations of -$0.11.

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 -$0.69, while its Total Shareholder’s Equity was -$21.77M.

Analysts Opinion

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.

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