With 0.59 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.16 million shares. The 52-week range on OPAL shows that it touched its highest point at $5.05 and its lowest point at $1.26 during that stretch. It currently has a 1-year price target of $4.83. Beta for the stock currently stands at 0.87.
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 OPAL was up-trending over the past week, with a rise of 12.61%, but this was up by 78.57% over a month. Three-month performance dropped to -14.38% while six-month performance fell -32.61%. The stock lost -50.00% in the past year, while it has lost -26.25% so far this year. A look at the trailing 12-month EPS for OPAL yields 0.02 with Next year EPS estimates of 0.57. For the next quarter, that number is 0.08. This implies an EPS growth rate of 1216.66% for this year and 116.19% for next year.
Float and Shares Shorts:
At present, 28.97 million OPAL shares are outstanding with a float of 17.83 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 OPAL since 7 analysts follow the stock currently. There are 7 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 $0.30852 being high and $0.25781 being low. For OPAL, this leads to a yearly average estimate of $0.2848.
