OpGen, Inc. (OPGN) Stock: A Biotechnology Stock That’s Headed Down

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OpGen, Inc. (OPGN) is making a move down in the market in today’s trading session. The company, focused in the biotech industry, is presently trading at $0.25 after falling -24.62% so far today. In terms of biotechnology stocks, there are a number of aspects that have the potential to lead to declines in the market. News tends to be one of the biggest reasons for the movement. Here are the most recent trending headlines relating to OPGN:

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Aug-08-19 01:34PM Edited Transcript of OPGN earnings conference call or presentation 7-Aug-19 8:30pm GMT
Aug-07-19 04:05PM OpGen Reports Second Quarter 2019 Financial Results and Provides Business Update
11:27AM Germantown biopharma regains compliance with Nasdaq
Jul-31-19 10:36AM Will OpGen, Inc. (OPGN) Report Negative Earnings Next Week? What You Should Know
Jul-30-19 07:30AM OpGen Announces Date of Second Quarter 2019 Financial Results Conference Call

Nonetheless, any time investors are making an investing decision, investors should focus on much more than just news, especially in the speculative biotech sector. Here’s what’s happening in regard to OpGen, Inc..

Performance Trends That We’ve Seen From OPGN

While a single session decline, like the fall that we’re seeing from OpGen, Inc. may make some investors fearful, a single session decline alone shouldn’t be the basis of a decision to, or not to, buy a company’s stock. It is always smart to take a look at trends experienced by the stock further out than a single trading day. As it relates to OPGN, below are the returns that we’ve seen:

  • Weekly – Over the past 7 days, OPGN has generated a change in value that amounts to -21.73%.
  • Past 30 Days – The performance from OpGen, Inc. over the past month has been -33.33%.
  • Past Quarter – Over the past three months, the company has generated a ROI that works out to -51.97%
  • Bi-Annually – In the past six months, investors have seen a change of -82.99% from the stock.
  • Year To Date – Since the close of last year OPGN has resulted in a return on investment of -81.15%.
  • Full Year – Finally, over the last full year, we’ve seen performance of -86.39% out of OPGN. In this period, the stock has traded at a high of -89.83% and a low price of -18.60%.

Key Ratios

Digging into various ratios having to do with a company generally gives investors a view of just how dangerous and/or potentially profitable a an investment option may be. Below are some of the most important ratios to look at when looking at OPGN.

Short Ratio – The short ratio is a measure of short interest. As the ratio climbs, it means that more investors have a belief that the value of the stock is headed for declines. Across the sector, biotech stocks tend to come with a higher short ratio. However, we also see quite a few short squeezes in the industry. Nonetheless, in regard to OpGen, Inc., the stock’s short ratio comes to 0.17.

Quick & Current Ratios – The quick and current ratios are tools that are used to get an idea of the company’s liquidity. Essentially, they measure whether or not a company can pay for its debts when they mature based on current assets or quick assets. Because many biotech several companies are reliant on the continuation of support from investors, the current and quick ratios can seem upsetting. However, several gems in the biotechnology industry do have strong current and quick ratios. As it relates to OPGN, the quick and current ratios total up to 1.30 and 1.40 respectively.  

Book To Share Value – The book to share value ratio compares the the price of shares to the book value of assets that are owned by the company. In the case of OpGen, Inc., the book to share value ratio works out to 0.46.

Cash To Share Value – Finally, the cash to share value ratio compares the amount of cash the company has on hand to the value of shares. Several early stage biotech companies have a hard time keeping cash on hand. So, if you’re considering an investment in a biotechnology stock, this is a very important ratio to think about. When it comes to OPGN, the cash to share value works out to 0.35.

Analyst Opinions With Regard To OpGen, Inc.

Although it’s never a smart idea to blindly follow the thoughts of analysts, it is a good idea to use their thoughts to validate your own due diligence before making investment decisions in the biotech sector. Here are the most recent moves that we’ve seen from analysts with regard to OPGN.

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Mar-01-19 Initiated Alliance Global Partners Buy $2.30
Feb-07-18 Reiterated H.C. Wainwright Buy $1 → $9
Jun-29-16 Initiated Rodman & Renshaw Buy $2.50

Moves From Big Money Players

Humans that are into investing seem to be infatuated with the term “Smart money follows big money.” It makes sense. Big money became big money by making smart decisions in the market. So, by following the moves of big money institutions and insiders, we can get a glimpse of what market pros think about a stock. When it comes to big money interest in OPGN, here’s what we’re seeing:

Institutions own 13.40% of the company. Institutional interest has moved by 0 over the past three months. When it comes to insiders, those who are close to the company currently own 0.20% percent of OPGN shares. Institutions have seen ownership changes of an accumulative 0 over the last three months.

What’s Going On With Share Counts?

Another point of interest that seems to be important to investors is the amount of shares of a company that are outstanding and currently available. At the moment, there are 17.35M shares of OpGen, Inc. outstanding. Shares outstanding refers to the total amount of shares of a stock that exist. As far as the float goes, or the amount of shares that are actually available on the retail market, OPGN has a float of 17.26M.

I also find it important to take a look at the short float. After all, when a large percentage of the float available for trading is shorted, the overall feeling among investors is that the stock is headed for a steep decline. As far as OPGN, the percentage of the float that is sold short is 0.44%. Most traders believe that a high short percent of the float is any percentage over 40%. Nonetheless, I’ve found that a short percent of the float over 26% is likely a play that comes with hefty risk.

Earnings

What have ween seen from OPGN in terms of financial results?Here’s the data:

  • Analyst Expectations – As it stands, analysts are expecting that OpGen, Inc. will report earnings per diluted share coming to a total of -0.55, with -0.17 to be announced in the next financial report. Although this data isn’t based on earnings, since we are talking about Wall Street analysts, the stock is presently graded as a 2.00 considering a scale that ranges from 1 to 5 where 1 is the worst possible Wall St. analyst grade and 5 is the best.
  • 5-Year Sales – Throughout the last half decade, OpGen, Inc. has announced a change in sales volume that comes to a total of 4.10%. EPS over the past 5 years have seen a change of 42.70%.
  • Q/Q – In terms of quarter over quarter data, or Q/Q data as it is generally represented in the human world, OpGen, Inc. has generated a change in earnings in the amount of 45.10%. The company has also seen a change with regard to sales in the amount of 25.00%.

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