In yesterday’s Wall Street session, Opera Ltd ADR (NASDAQ:OPRA) shares traded at $18.28, up 2.99% from the previous session.
OPRA stock price is now -3.21% away from the 50-day moving average and 19.22% away from the 200-day moving average. The market capitalization of the company currently stands at $1.62B.
On December 13, 2023, Goldman recently initiated its ‘Buy’ rating on the stock quoting a target price of $16.50, while ‘Cowen’ rates the stock as ‘Outperform’
In other news, Hong Kong Kunlun Tech Holding , 10% Owner bought 2,442,700 shares of the company’s stock on Dec 04 ’24. The stock was bought for $49,024,989 at an average price of $20.07. An SEC document containing details of the transaction can be found on the SEC’s website. On Sep 18 ’24, Officer Jacobsen Frode bought 40,000 shares of the business’s stock. A total of $592,000 was incurred on buying the stock at an average price of $14.80.
During the past 12 months, Opera Ltd ADR has had a low of $10.11 and a high of $20.70. As of last week, the company has a debt-to-equity ratio of 0.01, a current ratio of 2.10, and a quick ratio of 2.10. According to the stock market information, the enterprise value for the company is $3137790464, which is based on a 9.21 price-to-earnings ratio, a 0.47 price-to-earnings-growth ratio, and a beta of 1.03. The fifty day moving average price for OPRA is $18.8866 and a two-hundred day moving average price translates $15.3334 for the stock.
The latest earnings results from Opera Ltd ADR (NASDAQ: OPRA) was released for 2024-09-30. The net profit margin was 39.50% and return on equity was 20.48% for OPRA. The company reported revenue of $123.86 million for the quarter, compared to $102.65 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 20.67 percent. For the current quarter, analysts expect OPRA to generate $137.67M in revenue.
