The stock of OneSpan Inc (OSPN) has seen a 14.83% increase in the past week, with a 8.97% gain in the past month, and a 24.15% flourish in the past quarter. The volatility ratio for the week is 7.47%, and the volatility levels for the past 30 days are at 4.78% for OSPN. The simple moving average for the past 20 days is 17.14% for OSPN’s stock, with a 16.22% simple moving average for the past 200 days.
Is It Worth Investing in OneSpan Inc (NASDAQ: OSPN) Right Now?
The 36-month beta value for OSPN is at 0.73. 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 OSPN is 35.43M, and currently, shorts hold a 2.96% of that float. The average trading volume for OSPN on May 06, 2024 was 405.21K shares.
OSPN) stock’s latest price update
The stock of OneSpan Inc (NASDAQ: OSPN) has increased by 13.15 when compared to last closing price of 10.95.Despite this, the company has seen a gain of 14.83% in its stock price over the last five trading days. InvestorPlace reported 2024-04-06 that In the stock market, chances frequently present themselves in unlikely places. Underdog stocks are quietly but firmly advancing toward victory amid the established giants’ flurry of activity.
Analysts’ Opinion of OSPN
Many brokerage firms have already submitted their reports for OSPN stocks, with Sidoti repeating the rating for OSPN by listing it as a “Neutral.” The predicted price for OSPN in the upcoming period, according to Sidoti is $12 based on the research report published on April 02, 2024 of the current year 2024.
DA Davidson, on the other hand, stated in their research note that they expect to see OSPN reach a price target of $12, previously predicting the price at $19. The rating they have provided for OSPN stocks is “Neutral” according to the report published on August 10th, 2023.
Craig Hallum gave a rating of “Buy” to OSPN, setting the target price at $28 in the report published on February 02nd of the previous year.
OSPN Trading at 17.56% from the 50-Day Moving Average
After a stumble in the market that brought OSPN to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -27.97% of loss for the given period.
Volatility was left at 4.78%, however, over the last 30 days, the volatility rate increased by 7.47%, as shares surge +8.59% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +30.70% upper at present.
During the last 5 trading sessions, OSPN rose by +14.83%, which changed the moving average for the period of 200-days by -11.18% in comparison to the 20-day moving average, which settled at $10.63. In addition, OneSpan Inc saw 15.58% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at OSPN starting from McConnell Michael J, who purchase 5,000 shares at the price of $9.83 back on Mar 15 ’24. After this action, McConnell Michael J now owns 73,849 shares of OneSpan Inc, valued at $49,150 using the latest closing price.
Martell Jorge Garcia, the Chief Financial Officer of OneSpan Inc, sale 5,000 shares at $10.09 during a trade that took place back on Mar 15 ’24, which means that Martell Jorge Garcia is holding 30,599 shares at $50,460 based on the most recent closing price.
Stock Fundamentals for OSPN
Current profitability levels for the company are sitting at:
- -0.0 for the present operating margin
- 0.68 for the gross margin
The net margin for OneSpan Inc stands at -0.03. The total capital return value is set at -0.0. Equity return is now at value -4.31, with -2.68 for asset returns.
Based on OneSpan Inc (OSPN), the company’s capital structure generated 0.06 points at debt to capital in total, while cash flow to debt ratio is standing at 0.28. The debt to equity ratio resting at 0.06. The interest coverage ratio of the stock is -2.17.
Currently, EBITDA for the company is -5.08 million with net debt to EBITDA at -1.95. When we switch over and look at the enterprise to sales, we see a ratio of 1.69. The receivables turnover for the company is 6.51for trailing twelve months and the total asset turnover is 0.87. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.46.
Conclusion
In conclusion, OneSpan Inc (OSPN) has had a better 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.
