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How to Buy Optinose Stock

Optinose Inc

OptiNose, Inc. , a specialty pharmaceutical company, focuses on the development and commercialization of products for patients treated by ear, nose, throat, and allergy specialists in the United States.

Optinose stock last closed at $1.91, up 7.3% from the previous day, and has increased 4.95% in one year. It has overperformed other stocks in the Drug Manufacturers - Specialty & Generic industry by 0.1 percentage points. Optinose stock is currently +112.22% from its 52-week low of $0.90, and -7.73% from its 52-week high of $2.07.

At the moment, there are 112.31M shares of OPTN outstanding. The market cap of OPTN is $214.52M. In the past 24 hours, 471,565 OPTN shares were traded.

How to Buy Optinose Stock

Wondering how to invest in Optinose stock? Here's how.
  1. Decide where to buy Optinose stock: You need to decide on a stock brokerage, but don't worry - we've tested dozens of online stock brokerages and apps to help you determine where to buy Optinose stock.
  2. Open a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
  3. Put funds into your brokerage account: Pick your method of payment and add your information.
  4. Research Optinose stock: The Optinose ticker symbol is OPTN. Is Optinose stock a good investment? Should you buy shares of OPTN? How do OPTN's underlying business fundamentals look? Do top analysts think Optinose is a good buy? Why has OPTN's stock price moved recently? (Hint: Our stock market research tools can help you figure out if OPTN is a good stock to buy).
  5. Make your OPTN buy order: Decide if you will purchase OPTN shares at the current market price or use a limit order to buy OPTN stock at a given price.
  6. Get the latest scoop on your OPTN investment: Create a watchlist to keep tabs on your position in Optinose shares.

Step 1: Decide where to buy Optinose stock

You will need an online brokerage account in order to access the NASDAQ market and buy OPTN shares.

A brokerage account is an investment account that allows you to buy and sell a number of investments, such as stocks, bonds, mutual funds, and ETFs.

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Step 2: Open a brokerage account

Now that you've selected the best brokerage, it's time to fill out some personal information so you can buy OPTN today.

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  1. Send your data by pressing the "Create Account" button.
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Step 3: Put funds into your brokerage account

Now that you have filled out your info on the stocks app, your next step is to transfer the money for your investment:

Check out the tutorial below if you need help transferring funds into your new brokerage account.

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Step 4: Research Optinose stock

After you have chosen the best place to buy Optinose stock, it's crucial to evaluate their stock before you invest, so you truly understand the risk and upside.

Overview of key OPTN info

OPTN Price
$1.91
1w %
22.44%
1y %
4.95%
5y %
-75.97%
P/E
-5.03x
P/B
-2.76x
P/S
2.98x
PEG
N/A
Revenue
$71.98M
Earnings
-$40.72M
Fore. Rev. Growth
32.91%
Fore. Earn. Growth
N/A
Market Cap
$214.52M
Next Earnings
Mar 7, 2024
Next Dividend
N/A

Fundamentals of Optinose

WallStreetZen was created to help average investors perform better fundamental analysis quickly.

You can view all of the due diligence checks on OPTN's stock page.

Is OPTN stock undervalued?

Analysts use a variety of different financial metrics, analyses, models, and charts to gauge OPTN's fair value.

You can do additional valuation analysis on OPTN's stock here.

OPTN Financial Summary

Passed Health Checks:

  • OPTN has cash burn of 45379000. It has enough cash and short-term investments to cover this for at least one year.
  • OPTN has $66.85M in cash and short term investments. This is enough to cover its annual cash burn of $45.38M.
  • There are more short-term assets than long-term liabilities on the OPTN balance sheet.

Failed Health Checks:

  • OPTN debt to equity ratio of -2.31 is negative.
  • There are more short-term liabilities than short-term assets on the OPTN balance sheet.
  • Total OPTN debt is still negative.
  • OPTN profit margin has gone up by 0.4 percentage points in the past year, but the company is still unprofitable.

You can dig deeper into what analysts are saying on the Optinose stock forecast page.

Metrics for Advanced OPTN Traders

SMA10
1.59
SMA20
1.44
SMA50
1.35
SMA100
1.28
SMA200
1.26
MACD
0.13
MACD Signal
0.07
MACD Histogram
0.06
RSI
79.64
Stochastic %K
94.05
Stochastic %D
91.53
StochRSI %K
95.95
StochRSI %D
97.3

How is OPTN performing as a company?

Last year, OPTN revenue was $71.98M. Over the past 5 year, OPTN's revenue has grown by 77.89% per year. This was faster than the Drug Manufacturers - Specialty & Generic industry average of 34.33%.

Dig into OPTN's earnings and revenue performance here.

Are OPTN insiders buying or selling the stock?

Over the last 12 months, executives and large shareholders at OPTN have sold more shares than they have bought.

Ramy A. Mahmoud, Chief Executive Officer of OPTN, was the latest OPTN insider to sell. They sold $69,266.25 worth of OPTN stock on Jan 31, 2024.

Learn more about who owns OPTN shares here.

Can I rely on OPTN as an income stream?

No, Optinose doesn't provide an income stream by paying out dividends.

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Step 5: Make your OPTN buy order

You have two main types of orders:

  • Market order: A market order is an order to buy or sell a stock at the best price on the market.
    Market orders are generally fine for most investors.
  • 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 certain you're buying or selling at a specific dollar amount limit, place a limit order.

Click the Open button and your broker will place the order.

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Step 6: Get the latest scoop on your OPTN investment

Now that you own some OPTN shares, you'll want to keep up with your new company.

Create a watchlist to get the latest updates about your OPTN stock.

OPTN Feed

How to Buy Stock in Optinose

To reiterate, here are the 6 steps to buy Optinose stock:

  1. Decide where to buy Optinose stock
  2. Open a brokerage account
  3. Put funds into your brokerage account
  4. Research Optinose stock
  5. Make your OPTN buy order
  6. Get the latest scoop on your OPTN investment

If you need a online brokerage, eToro is our recommended option.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you would like to get updates on your investment in Optinose, create a watchlist on WallStreetZen today.

NASDAQ: OPTN
$1.91+0.13 (+7.3%)
Updated Mar 1, 2024
Open eToro Account
NASDAQ: OPTN
$1.91+0.13 (+7.3%)
Updated Mar 1, 2024
Open eToro Account

FAQ

How much does it cost to buy one Optinose share?

As of Mar 1, 2024, it costs $1.91 to buy one share of Optinose stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $0.96, you can buy 0.5 shares of OPTN.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

What is the best way to buy Optinose stock?

One way to place an order for Optinose stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information 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.