The 36-month beta value for OPFI is at 1.09. Analysts have varying views on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for OPFI is 17.28M, and currently, shorts hold a 6.76% of that float. The average trading volume for OPFI on April 26, 2024 was 335.17K shares.
OPFI) stock’s latest price update
The stock of OppFi Inc (NYSE: OPFI) has decreased by -8.01 when compared to last closing price of 2.87.Despite this, the company has seen a loss of -8.33% in its stock price over the last five trading days. InvestorPlace reported 2024-04-10 that The tech sector has been on an upward trend ever since AI came into the spotlight. Some companies, like Microsoft (NASDAQ: MSFT ) and Nvidia (NASDAQ: NVDA ), saw massive growth in industry coverage and valuations and have shown no signs of slowing.
OPFI’s Market Performance
OppFi Inc (OPFI) has seen a -8.33% fall in stock performance for the week, with a 13.30% gain in the past month and a -22.45% plunge in the past quarter. The volatility ratio for the week is 7.34%, and the volatility levels for the past 30 days are at 6.65% for OPFI. The simple moving average for the past 20 days is -3.45% for OPFI’s stock, with a -7.68% simple moving average for the past 200 days.
Analysts’ Opinion of OPFI
Many brokerage firms have already submitted their reports for OPFI stocks, with Needham repeating the rating for OPFI by listing it as a “Buy.” The predicted price for OPFI in the upcoming period, according to Needham is $10 based on the research report published on August 17, 2021 of the previous year 2021.
OPFI Trading at -8.30% from the 50-Day Moving Average
After a stumble in the market that brought OPFI to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -48.44% of loss for the given period.
Volatility was left at 6.65%, however, over the last 30 days, the volatility rate increased by 7.34%, as shares surge +6.02% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -24.14% lower at present.
During the last 5 trading sessions, OPFI fell by -8.33%, which changed the moving average for the period of 200-days by +32.66% in comparison to the 20-day moving average, which settled at $2.83. In addition, OppFi Inc saw -46.23% 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 OPFI starting from McKay Christopher J., who sale 962 shares at the price of $3.33 back on Nov 22 ’23. After this action, McKay Christopher J. now owns 45,782 shares of OppFi Inc, valued at $3,208 using the latest closing price.
Johnson Pamela D., the CFO of OppFi Inc, sale 578 shares at $3.33 during a trade that took place back on Nov 22 ’23, which means that Johnson Pamela D. is holding 29,242 shares at $1,927 based on the most recent closing price.
Stock Fundamentals for OPFI
Current profitability levels for the company are sitting at:
- 0.3 for the present operating margin
- 0.88 for the gross margin
The net margin for OppFi Inc stands at 0.01. The total capital return value is set at 0.23. Equity return is now at value -20.21, with -0.17 for asset returns.
Based on OppFi Inc (OPFI), the company’s capital structure generated 0.97 points at debt to capital in total, while cash flow to debt ratio is standing at 0.89. The debt to equity ratio resting at 32.0. The interest coverage ratio of the stock is 2.95.
Currently, EBITDA for the company is 102.86 million with net debt to EBITDA at 1.02. When we switch over and look at the enterprise to sales, we see a ratio of 1.29. The receivables turnover for the company is 0.95for trailing twelve months and the total asset turnover is 0.73. The liquidity ratio also appears to be rather interesting for investors as it stands at 19.26.
Conclusion
In conclusion, OppFi Inc (OPFI) has had a mixed performance lately. Opinion on the stock among analysts is mixed, 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.
