OpGen Inc. (OPGN): Forget the loss, time to buy OPGN Stock

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OpGen Inc. (NASDAQ:OPGN) changes shares on Tuesday trading session, with a change of 2.78% or $0.06 shares. The trading starts at $2.17 and closed at $2.16 throughout the day. The trading session low price was $2.155 and day high was $2.24 on Tuesday, August 04. After the session, the Healthcare sector daily volume shifted to 1.17 million while its average volume is 1.54M. In other hand, the OPGN market cap reached to $35.05M.

On July 9, 2020, BRIEF-Curetis GmbH Secures Access To Additional EUR 5.0 Million Debt Financing Tranche. According to the news reported on Reuters, * OPGEN SUBSIDIARY CURETIS GMBH SECURES ACCESS TO ADDITIONAL EUR 5.0 MILLION NON-DILUTIVE DEBT FINANCING TRANCHE FROM EIB

Checking out the performance report which defines the increase or decrease of prices for a specific period. For the last 5 trading sessions, its performance is up 5.71% and up 8.29% for month. Its quarterly performance was -3.90% below, while its half year performance is up 23.33%. OPGN yearly performance stood at negative -66.36% and rise 96.46% for year-to-date. Current recommendation for OpGen Inc. is 2.00.

Earnings per share or EPS is an important financial measure, which defines the profitability of a company. OPGN EPS (TTM) for 12-month is -8.02. EPS for this year is 82.70%, while for the next year its value is -1.34. Its EPS Q/Q reached 93.50%. It has an EPS of 51.70% up for past five years.

Let’s take a look on the analyst recommendations on OPGN for the current month and previous month. For the current month, 1 of 1 analysts recommend stock as Buy while 0 as Sell, 0 as overweight, 0 as underweight and 0 as Hold. As compared with the previous month ratings, 0 analysts participate in stock recommendation. Out of 0, 0 rated it sell, 0 rated it as Buy and 0 as Hold Ratings. On the other hand, target price ranges from $5.00 – $5.00. Average target price for OPGN was reached at $5.00.

The insider ownership moved to 0.20% and institutional holding shifted to 5.80%.

The company posted an EPS (TTM) of -8.02. According to the most recent quarter report on (Jun 2020), 1 analysts estimated an average EPS of -0.51, while -3 EPS posted a year ago period. Analyst Estimated EPS for OPGN published in the report was -$0.51 – -$0.51 during the same period. Comparing with last year, the average estimated EPS was -3 which is lower than -0.53 which was posted for recent quarter EPS.

A brief look on simple moving average (SMA) that determines the market price can impact a market. The SMA for OPGN rise 10.78% for period of 200 days. SMA for 50 days was 6.93% which is showing green signal, while SMA-20 was 2.73%. The moving average value for OpGen Inc. (OPGN) is 974.27k and 7.75% for 200 and 50 days respectively.

Let’s take a look on the insider transactions, in which multiple shareholders are showing interest in OPGN stock. On May 07, Curetis N.V. in Liquidation, 10% Owner, sold 19 trading shares at the cost of $2.20, which valued at 42.0. On Apr 23, Curetis N.V. in Liquidation, 10% Owner, sold 46,612 shares at the cost of $2.17, with total shares of 1,622,568. On Apr 22, Curetis N.V. in Liquidation, 10% Owner, sold 42,375 shares at the cost of 2.24. After this transaction, Curetis N.V. in Liquidation total shares reached to 1,669,180 which valued at 94920.0.