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 $0.71, up 1.59% from the previous day, and has decreased 92.66% in one year. It has underperformed other stocks in the Diagnostics & Research industry by 0.9 percentage points. Opgen stock is currently +28.18% from its 52-week low of $0.55, and -95.7% from its 52-week high of $16.40.
There are currently 6.12M shares of OPGN outstanding. The market capitalization of OPGN is $4.31M. In the past 24 hours, 60,270 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.
Our favorite brokerage: eToro
Based on our experience, eToro is the best place to buy stocks. eToro gives you:
- Invest in stocks with 0% commissions: Invest without paying trading commissions.
- Buy fractional shares: Even if you don't have the money to buy a full share, you can still invest in the stock.
- Access to global markets: From Tech to Financial Services, New York to London — you can fill your portfolio with stocks from the world's top stock exchanges.
- Social investing: eToro has a community of more than 20 million users around the world. Talk to, learn from, and copy the crypto trades of top investors.
- Security: eToro is a regulated and licensed fintech leader.
- Buy other financial assets: Such as ETFs and cryptocurrencies.
Get $10 towards your share purchase by creating an account with eToro now.
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.
- Enter your personal info to open your new brokerage account.
- Send your details by clicking the "Create Account" button.
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 0.47x, relative to Diagnostics & Research industry P/B ratio of 3.97x
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 short-term liabilities on the OPGN balance sheet.
- 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.
- OPGN has cash burn of 21253421. It does not have sufficient cash and short-term investments to cover this.
- OPGN has a relatively high debt to equity ratio of 1.89.
- OPGN has $7.04M in cash and short term investments. This is not sufficient to cover its annual cash burn of $21.25M.
- OPGN profit margin has gone down from -859.7% to -1,187% in the past year.
Do Wall Street analysts think it's a good time to buy Opgen stock
Out of 1 Wall Street analysts who track OPGN, the consensus analyst rating on OPGN is a Buy
Please keep in mind that analyst forecasts are not recommendations, nor are they investment advice.
Most Recent OPGN Analyst Recommendations
Yi Chen, a bottom 10% analyst from HC Wainwright & Co. reiterates OPGN with a buy rating and maintains their OPGN price target from $3.00 to $3.00, on May 16, 2023.
You can dig deeper into what analysts are forecasting on the Opgen stock forecast page.
OPGN Technicals
How are OPGN Revenues/Earnings doing?
Last year, OPGN revenue was $3.05M. During the past 5 year, OPGN's revenue has grown by -1.47% per year. This was slower than the Diagnostics & Research industry average of 15.01%.
You can research OPGN's earnings and revenue performance here.
Are OPGN executives and large shareholders buying or selling the stock?
In the past year, executives and large shareholders at OPGN have not bought or sold any shares.
Get more info about who owns OPGN stock here.
Can I rely on OPGN as an income stream?
No, Opgen doesn't provide an income stream by paying out dividends.
OPGN Social Trading Data
One of the major reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to see what other community members have to say.
Step 5: Place your OPGN trade
You have two primary types of orders:
- Market order: A market order is an order to buy or sell a stock at the best available price.
Market orders are mostly the easiest way to buy. - Limit order: A limit order is an order to buy or sell a security at a specific price (or better).
If you want to be sure you're buying or selling at an exact dollar amount, place a limit order.
Click the Open button and eToro will execute your order.
If you require more help with buying stocks on eToro, watch the helpful video below:
Step 6: Get key alerts regarding your investment in OPGN
Now that you own some OPGN shares, you'll want to keep up with your new stock purchase.
Create a watchlist to monitor your OPGN stock.
OPGN Feed
How to Buy Stock in Opgen
To summarize, here are the 6 steps you need to take to buy Opgen stock right now:
- 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 account, eToro is our favorite venue.
Get Started with eToro TodayIf you want to get the latest scoop on your investment in Opgen, create a watchlist today.
More Stock Buying Guides You Might Like
FAQ
Company
AboutBlogStock Investing FAQPlansPrivacy PolicyTerms of ServiceCancellation & RefundsHelp GuidesContactTwitterYouTubeInformation is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.