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 $0.97, down 6.02% from the previous day, and has decreased 46.52% in one year. It has underperformed other stocks in the Drug Manufacturers - Specialty & Generic industry by 0.37 percentage points. Optinose stock is currently +13.22% from its 52-week low of $0.86, and -53.9% from its 52-week high of $2.10.
At the moment, there are 112.65M shares of OPTN outstanding. The market cap of OPTN is $109.05M. In the past 24 hours, 671,675 OPTN shares were traded.
How to Buy Optinose Stock
Wondering how to invest in Optinose stock? Here's how.
- 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.
- Open a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
- Put funds into your brokerage account: Pick your method of payment and add your information.
- 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).
- 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.
- 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.
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Get $10 towards your purchase of shares by creating an account with eToro now.
Open eToro AccountStep 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.
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 details to start a new brokerage account.
- Send your data by pressing the "Create Account" button. Get started with eToro today
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.
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
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 20860000. It has enough cash and short-term investments to cover this for at least one year.
- OPTN has $73.68M in cash and short term investments. This is enough to cover its annual cash burn of $20.86M.
- There are more short-term assets than long-term liabilities on the OPTN balance sheet.
Failed Health Checks:
- OPTN debt to equity ratio of -2.24 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 0.48 percentage points in the past year, but the company is still unprofitable.
Is it a good time to buy Optinose stock, according to Wall Street analysts?
Out of 2 Wall Street analysts who track OPTN, the consensus analyst rating on OPTN is a Strong Buy
Please note that analyst ratings are not recommendations, nor are they investment advice.
You can dive deeper into what analysts are projecting on the Optinose stock forecast page.
OPTN Technicals
How are OPTN Revenues/Earnings doing?
Last year, OPTN revenue was $70.99M. In the last 5 year, OPTN's revenue has grown by 58.64% per year. This was faster than the Drug Manufacturers - Specialty & Generic industry average of 31.07%.
You can research OPTN's earnings and revenue performance here.
Latest Insiders Trades at OPTN
Over the past 12 months, executives and large shareholders at OPTN have sold more shares than they have bought.
Anthony J. Krick, Chief Accounting Officer of OPTN, was the latest OPTN insider to sell. They sold $4,408.60 worth of OPTN stock on Mar 18, 2024.
Research more about who owns OPTN stock here.
Can I get consistent income from OPTN stock?
No, Optinose doesn't provide an income stream by paying out dividends.
What do other investors have to say about OPTN?
One of the major reasons eToro is our favorite brokerage is because of its social trading community.
Click below to see what other community members have to say.
Step 5: Make your OPTN buy order
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 fine. - Limit order: A limit order enables you to buy or sell a security at a specific price (or better).
If you want to make sure you're buying or selling at a particular dollar amount, place a limit order.
Click the Open button and your broker will place your order.
If you want additional assistance investing in stocks on eToro, watch the helpful video below:
Step 6: Get the latest scoop on your OPTN investment
Now that you own some OPTN shares, you'll want to stay up-to-date on your stock purchase.
Create a watchlist to monitor your OPTN stock.
OPTN Feed
How to Buy Stock in Optinose
To summarize, here are the 6 steps you need to take to buy Optinose stock right now:
- Decide where to buy Optinose stock
- Open a brokerage account
- Put funds into your brokerage account
- Research Optinose stock
- Make your OPTN buy order
- Get the latest scoop on your OPTN investment
If you require a online brokerage, eToro is our favorite venue.
Get Started with eToro TodayIf you would like to keep an eye on your investment in Optinose, create your watchlist below.
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