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 $1.14 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 $0.12 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 Friday, OptiNose Inc [NASDAQ:OPTN] saw its stock fall -4.93% to $0.86. Over the last five days, the stock has lost -3.78%. OptiNose Inc shares have fallen nearly -33.30% since the year began. Nevertheless, the stocks have fallen -52.20% over the past one year. While a 52-week high of $2.10 was reached on 03/18/24, a 52-week low of $0.86 was recorded on 04/26/24. SMA at 50 days reached $1.4588, while 200 days put it at $1.2885. A total of 3.14 million shares were traded, compared to the trading of 0.57 million shares in the previous session.
Levels Of Support And Resistance For OPTN Stock
The 24-hour chart illustrates a support level at 0.8024, which if violated will result in even more drops to 0.7444. On the upside, there is a resistance level at 0.9160. A further resistance level may holdings at 0.9716. The Relative Strength Index (RSI) on the 14-day chart is 24.71, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.1567, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 89.21%. Stochastics %K at 11.12% 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.
