OptiNose Inc’s recently made public that its Chief Executive Officer Mahmoud Ramy A unloaded Company’s shares for reported $36092.0 on Mar 18 ’24. In the deal valued at $1.88 per share,19,198 shares were sold. As a result of this transaction, Mahmoud Ramy A now holds 1,331,278 shares worth roughly $1.45 million.
Then, Marino Michael F III sold 15,059 shares, generating $28,311 in total proceeds. Upon selling the shares at $1.88, the Chief Legal Officer & Corp Sec now owns 602,268 shares.
Before that, Krick Anthony J sold 2,345 shares. OptiNose Inc shares valued at $4,409 were divested by the Chief Accounting Officer at a price of $1.88 per share. As a result of the transaction, Krick Anthony J now holds 143,988 shares, worth roughly $0.16 million.
H.C. Wainwright initiated its OptiNose Inc [OPTN] rating to a Buy in a research note published on March 11, 2024; the price target was $5. A number of analysts have revised their coverage, including Lake Street’s analysts, who began to cover the stock in late August with a ‘”a Buy”‘ rating.
Price Performance Review of OPTN
On Tuesday, OptiNose Inc [NASDAQ:OPTN] saw its stock fall -8.40% to $1.09. Over the last five days, the stock has lost -11.38%. OptiNose Inc shares have fallen nearly -15.50% since the year began. Nevertheless, the stocks have fallen -42.63% over the past one year. While a 52-week high of $2.10 was reached on 03/18/24, a 52-week low of $0.90 was recorded on 04/16/24. SMA at 50 days reached $1.5150, while 200 days put it at $1.2956. A total of 0.36 million shares were traded, compared to the trading of 0.51 million shares in the previous session.
Levels Of Support And Resistance For OPTN Stock
The 24-hour chart illustrates a support level at 1.0567, which if violated will result in even more drops to 1.0233. On the upside, there is a resistance level at 1.1567. A further resistance level may holdings at 1.2233. The Relative Strength Index (RSI) on the 14-day chart is 22.30, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.1483, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 100.00%. Stochastics %K at 10.68% indicates the stock is a buying.
The most recent change occurred on December 18, 2019 when Cowen began covering the stock and recommended ‘”an Outperform”‘ rating along with a $25 price target.
