In the past week, OPRA stock has gone up by 2.39%, with a monthly gain of 23.88% and a quarterly surge of 47.95%. The volatility ratio for the week is 3.97%, and the volatility levels for the last 30 days are 4.40% for Opera Ltd ADR The simple moving average for the past 20 days is 9.64% for OPRA’s stock, with a 31.50% simple moving average for the past 200 days.
Is It Worth Investing in Opera Ltd ADR (NASDAQ: OPRA) Right Now?
The price-to-earnings ratio for Opera Ltd ADR (NASDAQ: OPRA) is above average at 9.26x. The 36-month beta value for OPRA is also noteworthy at 1.00. There are mixed opinions on the stock, with 1 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 rating it as “hold,” and 0 rating it as “sell.”
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The average trading volume of OPRA on November 08, 2024 was 517.89K shares.
OPRA) stock’s latest price update
Opera Ltd ADR (NASDAQ: OPRA) has seen a rise in its stock price by 1.21 in relation to its previous close of 18.17. However, the company has experienced a 2.39% gain in its stock price over the last five trading sessions. fool.com reported 2024-11-06 that Opera delivered impressive results for Q3 and has bright growth prospects for the next couple of years.
Analysts’ Opinion of OPRA
Many brokerage firms have already submitted their reports for OPRA stocks, with B. Riley Securities repeating the rating for OPRA by listing it as a “Buy.” The predicted price for OPRA in the upcoming period, according to B. Riley Securities is $20 based on the research report published on December 14, 2023 of the previous year 2023.
Goldman, on the other hand, stated in their research note that they expect to see OPRA reach a price target of $16.50. The rating they have provided for OPRA stocks is “Buy” according to the report published on December 13th, 2023.
Cowen gave a rating of “Outperform” to OPRA, setting the target price at $10 in the report published on May 21st of the previous year.
OPRA Trading at 18.44% from the 50-Day Moving Average
After a stumble in the market that brought OPRA to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -6.60% of loss for the given period.
Volatility was left at 4.40%, however, over the last 30 days, the volatility rate increased by 3.97%, as shares surge +16.88% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +25.43% upper at present.
During the last 5 trading sessions, OPRA rose by +2.17%, which changed the moving average for the period of 200-days by +75.93% in comparison to the 20-day moving average, which settled at $16.77. In addition, Opera Ltd ADR saw 39.00% 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 OPRA starting from Jacobsen Frode, who proposed sale 40,000 shares at the price of $14.80 back on Sep 18 ’24. After this action, Jacobsen Frode now owns shares of Opera Ltd ADR, valued at $592,000 using the latest closing price.
Song Lin, the Officer of Opera Ltd ADR, proposed sale 40,000 shares at $14.80 during a trade that took place back on Sep 18 ’24, which means that Song Lin is holding shares at $592,000 based on the most recent closing price.
Stock Fundamentals for OPRA
Current profitability levels for the company are sitting at:
- 0.18 for the present operating margin
- 0.53 for the gross margin
The net margin for Opera Ltd ADR stands at 0.36. The total capital return value is set at 0.09. Equity return is now at value 20.48, with 18.53 for asset returns.
Based on Opera Ltd ADR (OPRA), the company’s capital structure generated 0.0 points at debt to capital in total, while cash flow to debt ratio is standing at 31.68. The debt to equity ratio resting at 0.0. The interest coverage ratio of the stock is 322.24.
Currently, EBITDA for the company is 76.15 million with net debt to EBITDA at -1.05. When we switch over and look at the enterprise to sales, we see a ratio of 3.39. The receivables turnover for the company is 5.67for trailing twelve months and the total asset turnover is 0.44. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.10.
Conclusion
In summary, Opera Ltd ADR (OPRA) has had a better performance as of late. Analysts have bullish opinions on the stock, with some viewing it as a “buy” and others as 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.
