In the past week, OSPN stock has gone up by 15.70%, with a monthly gain of 13.12% and a quarterly surge of 15.22%. The volatility ratio for the week is 2.83%, and the volatility levels for the last 30 days are 2.78% for OneSpan Inc The simple moving average for the past 20 days is 10.22% for OSPN’s stock, with a 30.23% simple moving average for the past 200 days.
Is It Worth Investing in OneSpan Inc (NASDAQ: OSPN) Right Now?
OneSpan Inc (NASDAQ: OSPN) has a higher price-to-earnings ratio of 39.18x compared to its average ratio, The 36-month beta value for OSPN is at 0.75. Analysts have varying views on the stock, with 1 analysts rating it as a “buy,” 0 rating it as “overweight,” 3 as “hold,” and 0 as “sell.”
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The public float for OSPN is 35.42M, and currently, shorts hold a 4.93% of that float. The average trading volume for OSPN on October 31, 2024 was 367.73K shares.
OSPN) stock’s latest price update
The stock price of OneSpan Inc (NASDAQ: OSPN) has surged by 14.90 when compared to previous closing price of 14.56, but the company has seen a 15.70% gain in its stock price over the last five trading sessions. seekingalpha.com reported 2024-10-30 that OneSpan Inc. (NASDAQ:OSPN ) Q3 2024 Earnings Call October 30, 2024 4:30 PM ET Company Participants Joe Maxa – Vice President, Investor Relations Victor Limongelli – Chief Executive Officer Jorge Martell – Chief Financial Officer Conference Call Participants Catharine Trebnick – Rosenblatt Securities Trevor Rambo – BTIG Anja Soderstrom – Sidoti Operator Good day and thank you for standing by. Welcome to the OneSpan Q3 2024 Earnings Conference Call.
Analysts’ Opinion of OSPN
Rosenblatt, on the other hand, stated in their research note that they expect to see OSPN reach a price target of $20. The rating they have provided for OSPN stocks is “Buy” according to the report published on September 06th, 2024.
Sidoti gave a rating of “Neutral” to OSPN, setting the target price at $12 in the report published on April 02nd of the current year.
OSPN Trading at 8.04% 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 able to rebound, for now settling with 0.30% of gains for the given period.
Volatility was left at 2.78%, however, over the last 30 days, the volatility rate increased by 2.83%, as shares surge +14.37% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +5.27% upper at present.
During the last 5 trading sessions, OSPN rose by +16.11%, which changed the moving average for the period of 200-days by +67.23% in comparison to the 20-day moving average, which settled at $15.18. In addition, OneSpan Inc saw 56.06% 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:
- 0.11 for the present operating margin
- 0.69 for the gross margin
The net margin for OneSpan Inc stands at 0.07. The total capital return value is set at 0.14. Equity return is now at value 8.94, with 5.58 for asset returns.
Based on OneSpan Inc (OSPN), the company’s capital structure generated 0.05 points at debt to capital in total, while cash flow to debt ratio is standing at 2.62. The debt to equity ratio resting at 0.05. The interest coverage ratio of the stock is 63.16.
Currently, EBITDA for the company is -5.08 million with net debt to EBITDA at -1.22. When we switch over and look at the enterprise to sales, we see a ratio of 2.33. The receivables turnover for the company is 4.97for trailing twelve months and the total asset turnover is 0.86. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.54.
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 is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
