, and the 36-month beta value for OPRT is at 1.75. Analysts have varying views on the stock, with 4 analysts rating it as a “buy,” 0 rating it as “overweight,” 2 as “hold,” and 0 as “sell.”
The average price suggested by analysts for OPRT is $8.33, which is $8.08 above the current market price. The public float for OPRT is 30.27M, and currently, shorts hold a 3.27% of that float. The average trading volume for OPRT on March 17, 2023 was 321.70K shares.
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OPRT) stock’s latest price update
Oportun Financial Corporation (NASDAQ: OPRT)’s stock price has increased by 15.92 compared to its previous closing price of 2.45. Despite this, the company has seen a fall of -43.43% in its stock price over the last five trading days.
OPRT’s Market Performance
Oportun Financial Corporation (OPRT) has seen a -43.43% fall in stock performance for the week, with a -58.84% decline in the past month and a -48.64% plunge in the past quarter. The volatility ratio for the week is 23.62%, and the volatility levels for the past 30 days are at 10.03% for OPRT. The simple moving average for the last 20 days is -48.40% for OPRT stock, with a simple moving average of -57.04% for the last 200 days.
Analysts’ Opinion of OPRT
Many brokerage firms have already submitted their reports for OPRT stocks, with Keefe Bruyette repeating the rating for OPRT by listing it as a “Mkt Perform.” The predicted price for OPRT in the upcoming period, according to Keefe Bruyette is $4 based on the research report published on March 14th of the current year 2023.
Barclays, on the other hand, stated in their research note that they expect to see OPRT reach a price target of $6, previously predicting the price at $7. The rating they have provided for OPRT stocks is “Equal Weight” according to the report published on January 06th, 2023.
Loop Capital gave a rating of “Buy” to OPRT, setting the target price at $24 in the report published on March 14th of the previous year.
OPRT Trading at -53.33% from the 50-Day Moving Average
After a stumble in the market that brought OPRT to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -80.95% of loss for the given period.
Volatility was left at 10.03%, however, over the last 30 days, the volatility rate increased by 23.62%, as shares sank -59.89% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -49.65% lower at present.
During the last 5 trading sessions, OPRT fell by -43.43%, which changed the moving average for the period of 200-days by -74.39% in comparison to the 20-day moving average, which settled at $5.29. In addition, Oportun Financial Corporation saw -48.46% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at OPRT starting from Vazquez Raul, who purchase 20,577 shares at the price of $6.77 back on Nov 11. After this action, Vazquez Raul now owns 233,709 shares of Oportun Financial Corporation, valued at $139,292 using the latest closing price.
COBLENTZ JONATHAN AARON, the CFO & Chief Admin Officer of Oportun Financial Corporation, purchase 8,575 shares at $6.74 during a trade that took place back on Nov 11, which means that COBLENTZ JONATHAN AARON is holding 147,647 shares at $57,755 based on the most recent closing price.
Stock Fundamentals for OPRT
Current profitability levels for the company are sitting at:
- +10.02 for the present operating margin
The net margin for Oportun Financial Corporation stands at +7.56. Equity return is now at value -9.00, with -1.70 for asset returns.
The liquidity ratio also appears to be rather interesting for investors as it stands at 3.80.
Conclusion
In conclusion, Oportun Financial Corporation (OPRT) has had a bad performance lately. Opinion on the stock among analysts is bullish, with some giving it a “buy” rating and others a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
