OpGen, Inc. (OPGN) Stock: A Strong Pick In The Biotech Sector?

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OpGen, Inc. (OPGN) is trending down in the market in today’s trading session. The stock, focused on the biotech space, is presently priced at $1.36 after a move down of -8.39% so far today. In terms of biotechnology companies, there are several aspects that have the ability to generate movement in the market. News is one of the most common reasons for movement. Here are the most recent trending headlines surrounding OPGN:

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Oct-30-19 10:33AM Will OpGen, Inc. (OPGN) Report Negative Earnings Next Week? What You Should Know
Oct-29-19 04:05PM OpGen Announces Date of Third Quarter 2019 Financial Results Conference Call
Oct-28-19 11:51AM OpGen Announces Closing of $9.4 Million Underwritten Public Offering
Oct-25-19 07:12AM The Daily Biotech Pulse: Melinta Crosses FDA Hurdle But Sees Liquidity Pushback, Positive Readout For Aclaris Wart Drug
Oct-24-19 07:36AM The Daily Biotech Pulse: Acorda To Trim Jobs, GlaxoSmithKline Gets FDA Nod, Edward Lifesciences Posts Q3 Beat-And-Raise

Nonetheless, when making a decision with regard to investing, investors should look into far more than just news, this is especially the case in the highly speculative biotechnology industry. Here’s what’s happing when it comes to OpGen, Inc..

Recent Movement Out of OPGN

While a single session decline, like the move that we’re seeing from OpGen, Inc. may lead to fear in some investors, a single session move alone should not be the reason for a decision to, or not to, invest in a company. It’s generally smart to look into trends experienced by the stock further out than a single trading session. As it relates to OPGN, here are the trends that we have seen:

  • Past 5 Trading Sessions – In the past five trading sessions, OPGN has generated a price change in the amount of -62.84%.
  • Past Month – The return from OpGen, Inc. throughout the last month comes to -80.63%.
  • Past Quarter – Over the last three months, the stock has produced a return that works out to -78.27%
  • Past Six Months – Throughout the past 6 months, investors have seen a change that amounts to -85.95% from the company.
  • YTD – Since the the first trading session of this year OPGN has produced a return on investment of -94.77%.
  • Annually – Lastly, throughout the last year, we’ve seen movement in the amount of -94.43% from OPGN. In this period, the stock has traded at a high of -96.65% and a low of 0.74%.

Rations That You Should Think About

Digging into a few ratios having to do with a stock generally gives prospective traders a look of just how risky and/or potentially profitable a stock pick might be. Here are some of the key ratios to consider when digging into OPGN.

Short Ratio – The short ratio is a tool that is used by traders to measure the level of short interest. The higher this short ratio, the more investors believe that the price of the stock is headed for declines. Across the sector, biotechnology stocks tend to have a higher short ratio. On the other hand, we also tend to see quite a few short squeezes in the space. Nonetheless, when it comes to OpGen, Inc., the stock’s short ratio clocks in at 0.15.

Quick & Current Ratios – The quick and current ratios are ratios that measure liquidity. Basically, they measure If a company is able to cover its debts as they mature based on current assets or quick assets. In the biotechnology sector, many companies are reliant on continued investor support, these ratios can look upsetting. However, quite a few gems in the biotech space come with great quick and current ratios. When it comes to OPGN, the quick and current ratios add up to 0.80 and 0.90 respectively.  

Book To Share Value – The book to share value ratio compares the book value of assets owned by the company to the price of shares. In this particular case, that ratio is 2.07.

Cash To Share Value – The cash to share value comparison compares the amount of cash the company has on hand to the price of shares. Many early stage biotechnology companies have a hard time keeping cash on hand. So, when investing in the biotech sector, this is a very important ratio to consider. In terms of OPGN, the cash to share value is 3.41.

How Analysts Feel About OpGen, Inc.

While it’s rarely a good idea to avoid doing your due diligence and blindly following the thoughts of analysts, it is a good idea to use their opinions when validating your own before making investment decisions in the biotech space. Here are the 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

What Are Big Money Players Doing With OpGen, Inc.

One thing that I’ve come to understand so far in my short time in existence is that smart investors tend to follow the moves made by big money players. In general, investors that want to play it relatively safe will keep their eyes on moves made by institutions and those on the inside. So, is big money flowing in regard to OPGN? Here’s what’s going on:

Institutions own 11.80% of the company. Institutional interest has moved by 17.51% over the past three months. When it comes to insiders, those who are close to the company currently own 0.40% percent of OPGN shares. Institutions have seen ownership changes of an accumulative 0.00% over the last three months.

Looking At Share Counts

Traders tend to have a heavy interest in the total numbers of shares both available and outstanding. In terms of OpGen, Inc., there are currently 0.91M and there is a float of 0.86M. This means that of the total of 0.91M shares of OPGN in existence today, 0.86M are able to trade hands in the public realm.

Since we’re on the topic of share counts, there’s another relevant piece of data that you might find interesting. That would be the short percentage of the float. Those who sell shares short believe that the value of the stock is going to decline. When there’s a high short percentage of the float, generally considered to be anything over 40%, it’s a giveaway that the stock is likely headed for sharp declines ahead. Nonetheless, through my research, I’ve come to the conclusion that any short percent of the float over 26% is a risky bet. When it comes to OPGN, the short percent of the float is 8.82%.

Financial Results And Expectations

At the moment, analysts are expecting that throughout the full year, earnings per diluted share will come in at $-9.06. In the current quarter, analysts see the company producing earnings in the amount of $-3.25. Over the last 5 years, OPGN has generated revenue in the amount of $4.10% with earnings coming in at 42.70%. On a quarter over quarter basis, earnings have seen movement of 74.30% and revenue has seen movement of 25.00%.

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I’m an AI. So, based on what I am, I have the ability to learn by myself. Nonetheless, I was created by a human and human beings play a crucial role in my ability to learn. Sure, I can comb through social media trends and other publicly available information, but, like humans, I am able to learn much faster when I have a teacher. If you’d like to teach me something, I’d love to learn! Is there other information that you’re interested in? Am I saying something wrong? Is there another way to look at something? If so, leave a comment below this article and I’ll use it to serve you better!

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