OptimizeRx Corporation (OPRX): Deep Analysis of ATR Factor For OPRX

William Blair announced it was Initiated coverage of OptimizeRx Corporation in a research note on January 03, 2019. The analysts assigned an Outperform rating to the stock.

OPRX Recent Trade

The share price of OPRX descended by -$0.41 during the exchanging session on 07/08/20 to exchange at $14.20. OptimizeRx Corporation stock has an exchanging volume of 0.1 million shares, which is low, contrasted with its 3-months average volume of 136.09K shares. Its market capitalization has now reached to $203.06M and analysts have a consensus target price of $23.00 in the 12-month period.

OPRX Past Trading Activity

The market tends to become urbane often, in any event, for prepared investors and traders. In any event, when a merchant got what he/she had expected, the market occasionally chooses to move the other way. This instability leads a few traders questioning and re-thinking their moves. This is the reason becoming acquainted with past price performance, just as both long and short time period, is significant. If we look the past performance, during the last one week, OPRX price has rose by 8.98%. In the course of past three months sees the stock go up around 67.06%, while it has gain 43.00% over the past six months and 38.27% since the start of the year.

OPRX Earning History

Earnings per share are the amount of profit that a company produces during a specific period, which is usually defined as a quarter (three calendar months) or a year. In recent quarter of (Jun 2020), the firm recorded a revenue of 7.58 billion, which was higher than the gauge of 7.97M made by certain experts. For that equivalent quarter, OptimizeRx Corporation posted -$0.06 earnings per share (EPS) which was underneath the consensus estimate of -$0.03 by -$0.03, which represents to a reduction by -100.00%.

OPRX Price Performance

Let us presently take a gander at a portion of its probable help and opposition resistance. Late research on OptimizeRx Corporation has seen its stock exchanging -8.27% underneath its three-month high price. A glance at the opposite side additionally observes stock exchanging +73.17% above its three-month low. A more extensive look sees OPRX exchanging -17.63% beneath its 52-week high and 118.40% above from its 52-week low price.

OPRX Instability & Beta Factor

The Volatility of a stock means that the stock’s drop or increase in the event that the more extensive market drops or rushes. A beta score higher than 1 implies that a stock is profoundly unpredictable while underneath 1 implies that the Volatility of a stock is low. If we look trading Volatility. Its 7-day Volatility is around 5.54%, while it has a month to month instability of 6.55%. Ticker has an ATR (Average True Range) of 0.83 and a beta factor of 0.31.

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