Let’s start up with the current stock price of OpGen Inc. (OPGN), which is $2.28 to be very precise. The Stock rose vividly during the last session to $2.21 after opening rate of $2.15 while the lowest price it went was recorded $2.12 before closing at $2.13.
Recently in News on June 9, 2021, OpGen Announces Partial Adjournment of Annual Meeting for Proposal 2 with All Other Proposals Passed. OpGen, Inc. (Nasdaq: OPGN, “OpGen” or the “Company”), a precision medicine company harnessing the power of molecular diagnostics and informatics to help combat infectious disease, today announced that the Company conducted its 2021 annual stockholders meeting (the “Annual Meeting”) and adjourned the meeting solely with respect to Proposal 2 set forth in its Definitive Proxy Statement (the “Proxy Statement”) filed with the Securities and Exchange Commission on April 26, 2021. Proposal 2 is a proposal to amend the Amended and Restated Certificate of Incorporation in order to increase the number of shares of capital stock from 60,000,000 to 110,000,000 shares and the authorized number of shares of common stock from 50,000,000 shares to 100,000,000 shares. All other proposals were passed at the Annual Meeting with strong support from stockholders. You can read further details here
OpGen Inc. had a pretty favorable run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $4.37 on 02/08/21, with the lowest value was $1.63 for the same time period, recorded on 03/05/21.
OpGen Inc. (OPGN) full year performance was 6.50%
Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, OpGen Inc. shares are logging -48.65% during the 52-week period from high price, and 39.87% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $1.63 and $4.44.
The company’s shares, operating in the sector of Healthcare managed to top a trading volume set approximately around 5254515 for the day, which was evidently higher, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the OpGen Inc. (OPGN) recorded performance in the market was 4.41%, having the revenues showcasing -28.76% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 82.26M, as it employees total of 94 workers.
Market experts do have their say about OpGen Inc. (OPGN)
During the last month, 0 analysts gave the OpGen Inc. a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 0 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 of the polled analysts provided SELL rating.
According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 2.45, with a change in the price was noted +0.11. In a similar fashion, OpGen Inc. posted a movement of +4.96% for the period of last 100 days, recording 7,432,819 in trading volumes.
Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for OPGN is recording 0.43 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.42.
Technical breakdown of OpGen Inc. (OPGN)
Raw Stochastic average of OpGen Inc. in the period of last 50 days is set at 56.23%. The result represents downgrade in oppose to Raw Stochastic average for the period of the last 20 days, recording 91.25%. In the last 20 days, the company’s Stochastic %K was 68.75% and its Stochastic %D was recorded 65.86%.
Bearing in mind the latest performance of OpGen Inc., several moving trends are noted. Year-to-date Price performance of the company’s stock appears to be pessimistic, given the fact the metric is recording 4.41%. Additionally, trading for the stock in the period of the last six months notably improved by 10.94%, alongside a boost of 6.50% for the period of the last 12 months. The shares increased approximately by -4.91% in the 7-day charts and went down by 7.04% in the period of the last 30 days. Common stock shares were lifted by -28.76% during last recorded quarter.