With 1.04 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.59 million shares. The 52-week range on OPRX shows that it touched its highest point at $14.01 and its lowest point at $3.78 during that stretch. It currently has a 1-year price target of $15.58. Beta for the stock currently stands at 1.33.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of OPRX was up-trending over the past week, with a rise of 17.68%, but this was up by 51.98% over a month. Three-month performance surged to 200.42% while six-month performance rose 156.88%. The stock gained 20.99% in the past year, while it has gained 191.77% so far this year. A look at the trailing 12-month EPS for OPRX yields -0.84 with Next year EPS estimates of 0.66. For the next quarter, that number is 0.02. This implies an EPS growth rate of 66.91% for this year and 19.76% for next year.
Float and Shares Shorts:
At present, 18.49 million OPRX shares are outstanding with a float of 16.81 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for OPRX since 3 analysts follow the stock currently. There are 3 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $0.37263 being high and $0.27681 being low. For OPRX, this leads to a yearly average estimate of $0.30875.
