How to Buy Opgen Stock
Opgen Inc
OpGen, Inc. , a precision medicine company, engages in developing and commercializing molecular microbiology solutions in the United States and internationally.
Opgen stock last closed at $0.63, up 2.27% from the previous day, and has decreased 42.73% in one year. It has underperformed other stocks in the Medical Devices industry by 0.24 percentage points. Opgen stock is currently +281.82% from its 52-week low of $0.17, and -83.59% from its 52-week high of $3.84.
There are currently 10.01M shares of OPGN outstanding. The market capitalization of OPGN is $6.31M. In the past 24 hours, 79,973 OPGN shares were traded.
How to Buy Opgen Stock
Wondering how to invest in Opgen stock? Here's how.
- Figure out where to buy Opgen stock: You need to pick a stock brokerage, but don't worry - we've analyzed dozens of online brokerages and apps to help you determine where to buy Opgen stock.
- Open a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
- Deposit money your brokerage account: Choose your method of payment and add your details.
- Analyze Opgen stock: The Opgen ticker symbol is OPGN. Is Opgen stock a good investment? Should you buy shares of OPGN? How do OPGN's underlying business fundamentals look? Do top analysts think Opgen is a good buy? Why has OPGN's stock price moved recently? (Hint: Our stock research tools can help you decide if OPGN is a good stock to buy).
- Place your OPGN trade: Decide if you will purchase OPGN shares at the current market price or use a limit order to purchase OPGN shares at a specific price.
- Get key alerts regarding your investment in OPGN: Create a watchlist to the latest updates on your new investment in Opgen stock.
Step 1: Figure out where to buy Opgen stock
You will need an online brokerage account to access the NASDAQ market and buy OPGN shares.
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Open eToro AccountStep 2: Open a brokerage account
Now that you've chosen your brokerage, the next step is to fill out some personal details so you are able to buy OPGN today.
How to Open a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal info to open your new brokerage account.
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Step 3: Deposit money your brokerage account
Now that you have filled out your info on the greatest app to buy stocks, your next step is to transfer the money for your investment:
Watch the video below for more details depositing funds into your new investment account.
Step 4: Analyze Opgen stock
After you have figured out the best place to buy Opgen stock, it's absolutely critical to analyze their stock before you buy, so you can understand the risk as well as the upside.
Overview of key OPGN info
OPGN Due Diligence Checks
WallStreetZen was created to help everyday investors perform better fundamental analysis in less time.
You can see all of the due diligence checks on OPGN's stock page.
How is OPGN stock valued?
You can use many financial metrics, analyses, models, and charts to gauge OPGN's fair value.
Using relative valuations metrics:
- OPGN could be undervalued based on its P/B ratio of 2.36x, relative to Medical Devices industry P/B ratio of 3.63x
You can do additional valuation research on OPGN's stock here.
A quick look at OPGN Financials
Passed Health Checks:
- There are more short-term assets than long-term liabilities on the OPGN balance sheet.
Failed Health Checks:
- Total OPGN debt is higher than 5 years ago, relative to shareholder equity.
- There are more short-term liabilities than short-term assets on the OPGN balance sheet.
- OPGN has cash burn of 17841657. It does not have sufficient cash and short-term investments to cover this.
- OPGN has a relatively high debt to equity ratio of 5.78.
- OPGN has $292.64k in cash and short term investments. This is not sufficient to cover its annual cash burn of $17.84M.
- OPGN profit margin has gone up by 3.78 percentage points in the past year, but the company is still unprofitable.
You can dive deeper into what analysts are projecting on the Opgen stock forecast page.
OPGN Trading Indicators
How are OPGN Revenues/Earnings doing?
Last year, OPGN revenue was $3.07M. During the past five year, OPGN's revenue has grown by -0.69% per year. This was slower than the Medical Devices industry average of 13.38%.
Dig into OPGN's earnings and revenue performance here.
Who is buying/selling OPGN?
In the last 12 months, executives and large shareholders at OPGN have not bought or sold any shares.
Research more about who owns OPGN shares here.
Does OPGN provide a stable income stream?
No, Opgen doesn't provide an income stream by paying out dividends.
What others are saying about OPGN
One of the biggest reasons eToro is our highest-rated brokerage is because of its social trading community.
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Step 5: Place your OPGN trade
You have two main order types:
- Market order: A market order is an order to buy or sell a stock at the best possible price.
Market orders are generally sufficient. - Limit order: A limit order enables you to buy or sell a stock at a specific price (or better).
If you want to be certain you're buying or selling at a particular price limit, place a limit order.
Press the Open Trade button and your broker will place your order.
If you require additional assistance buying stocks on eToro, watch the helpful video below:
Step 6: Get key alerts regarding your investment in OPGN
Now that you own some shares in OPGN, you'll want to keep up with your investment.
Start a watchlist to get alerted to the latest events about your OPGN stock.
OPGN Feed
How to Buy Stock in Opgen
To reiterate, here are the 6 steps to buy stock in Opgen:
- Figure out where to buy Opgen stock
- Open a brokerage account
- Deposit money your brokerage account
- Analyze Opgen stock
- Place your OPGN trade
- Get key alerts regarding your investment in OPGN
If you require a brokerage, eToro is our favorite option.
Get Started with eToro TodayIf you want to get updates on your new investment in Opgen, get started below.
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