The stock of OneSpan Inc (NASDAQ:OSPN) last traded at $18.93, down -0.73% from the previous session.
OSPN stock price is now 3.66% away from the 50-day moving average and 27.21% away from the 200-day moving average. The market capitalization of the company currently stands at $719.17M.
With the price target enhanced from $14 to $19, Sidoti Upgraded its rating from Neutral to Buy for OneSpan Inc (NASDAQ: OSPN). On September 06, 2024, Rosenblatt recently initiated its ‘Buy’ rating on the stock quoting a target price of $20, while ‘Sidoti’ rates the stock as ‘Neutral’
In other news, McConnell Michael J, Director sold 53,000 shares of the company’s stock on Dec 02 ’24. The stock was sold for $981,030 at an average price of $18.51. Upon completion of the transaction, the Director now directly owns 20,849 shares in the company, valued at $0.39 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Mar 15 ’24, Director McConnell Michael J bought 5,000 shares of the business’s stock. A total of $49,150 was incurred on buying the stock at an average price of $9.83. This leaves the insider owning 73,849 shares of the company worth $1.4 million. A total of 6.74% of the company’s stock is owned by insiders.
During the past 12 months, OneSpan Inc has had a low of $9.22 and a high of $19.58. As of last week, the company has a debt-to-equity ratio of 0.04, a current ratio of 1.76, and a quick ratio of 1.60. The fifty day moving average price for OSPN is $18.2616 and a two-hundred day moving average price translates $14.8806 for the stock.
The latest earnings results from OneSpan Inc (NASDAQ: OSPN) was released for 2024-09-30. The net profit margin was 11.73% and return on equity was 15.45% for OSPN. The company reported revenue of $56.24 million for the quarter, compared to $58.84 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -4.41 percent. For the current quarter, analysts expect OSPN to generate $58.37M in revenue.
