Opus Genetics Inc (IRD) is -27.31% away from 50-day simple Moving Average despite all headwinds

Opus Genetics Inc (NASDAQ: IRD) open the trading on Wednesday, with a bit cautious approach as it glided -8.95% to $0.83, before settling in for the price of $0.91 at the close. Taking a more long-term approach, IRD posted a 52-week range of $0.85-$3.40.

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The Healthcare sector firm’s twelve-monthly sales growth has been 1322.70% for the last half of the decade. Meanwhile, its Annual Earning per share during the time was 53.36%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -94.57%. This publicly-traded company’s shares outstanding now amounts to $26.20 million, simultaneously with a float of $25.99 million. The organization now has a market capitalization sitting at $26.20 million. At the time of writing, stock’s 50-day Moving Average stood at $1.1418, while the 200-day Moving Average is $1.5353.

Opus Genetics Inc (IRD) Ownership Facts and Figures

Sometimes it helps to make our mind if we keep our tabs on how bigger investors are working with the stock of the Biotechnology industry. Opus Genetics Inc’s current insider ownership accounts for 17.68%, in contrast to 8.02% institutional ownership. According to the most recent insider trade that took place on Nov 21 ’24, this organization’s President bought 10,000 shares at the rate of 0.98, making the entire transaction reach 9,834 in total value, affecting insider ownership by 342,800. Preceding that transaction, on Nov 15 ’24, Company’s Chief Executive Officer bought 90,294 for 1.01, making the whole transaction’s value amount to 91,215. This particular insider is now the holder of 483,244 in total.

Opus Genetics Inc (IRD) Earnings and Revenue Records

Opus Genetics Inc’s EPS decrease for this current 12-month fiscal period is -94.57% and is forecasted to reach -0.85 in the upcoming year.

Opus Genetics Inc (NASDAQ: IRD) Trading Performance Indicators

Let’s observe the current performance indicators for Opus Genetics Inc (IRD). It’s Quick Ratio in the last reported quarter now stands at 6.63. The Stock has managed to achieve an average true range (ATR) of 0.09. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 3.13.

In the same vein, IRD’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -1.09, a figure that is expected to reach -0.06 in the next quarter, and analysts are predicting that it will be -0.85 at the market close of one year from today.

Technical Analysis of Opus Genetics Inc (IRD)

[Opus Genetics Inc, IRD] recent stats showed that its last 5-days Average volume was superior the volume it posted in the year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 7.63% While, its Average True Range was 0.0982.

Raw Stochastic average of Opus Genetics Inc (IRD) in the period of the previous 100 days is set at 1.56%, which indicates a major fall in contrast to 4.88% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 85.21% that was higher than 81.48% volatility it exhibited in the past 100-days period.