Oportun Financial Corp (NASDAQ:OPRT) currently has a daily average trading volume of 132.50K but it saw 291031 shares traded in last market. With a market cap of 142.08M USD, the company’s current market price of $3.95 came rising about 5.90 while comparing to the previous closing price of $3.73. In past 52 weeks, the stock remained buoying in the range of price level as high as $4.60 and as low as $2.05. In the recent trading on the day, stock has struck highest price mark of $3.7 while lowest mark touched by it was $4.01.
Taking a look at 20-day trading activity of Oportun Financial Corp (OPRT) gives us an average price of $3.10, while its current price level is -14.13% below from 52-week high level whereas it is 92.68% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $2.85 while that of 200 days or SMA-200 reads an average of $3.01. A closer look into the stock’s movement over the week reveals that its volatility is standing at 8.23% during that period while stretching the period over a month that decreases to 7.78%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 77.73 which implies that the stock is in overbought territory.
Jefferies downgraded its recommendation for the stock as a “Hold” from “Buy” on March 14, 2024 while assigning a price target range of $9-$3.50. JP Morgan also issued its recommendations for the stock as it downgraded the price target for the stock in the range of between $7 and $8.
Over the week, OPRT’s stock price is moving 27.01% up while it is 52.51% when we observe its performance for the past one month. Year-to-date it is 1.02% up and over the past year, the stock is showing an upside performance of 63.22%.
Currently, Oportun Financial Corp’s total number of outstanding shares is 34.47M. Company’s return on investment (ROI) stands at -4.06% and return on equity (ROE) at -33.61%. It has a 4.53 of forward P/E ratio. Stock’s beta reads 1.14. Stock has a price to book (P/B) ratio of 0.43 while price to sale or P/S ratio amounts to 0.14. Its return on asset (ROA) is -3.87% on average.
