OpGen, Inc. (OPGN) Expected to Post Quarterly Sales of $910,000.00
Equities research analysts expect OpGen, Inc. (NASDAQ:OPGN) to announce sales of $910,000.00 for the current fiscal quarter, Zacks reports. Two analysts have issued estimates for OpGen’s earnings. The lowest sales estimate is $750,000.00 and the highest is $1.06 million. OpGen reported sales of $1.01 million in the same quarter last year, which would suggest a negative year over year growth rate of 9.9%. The company is expected to announce its next quarterly earnings report on Thursday, March 22nd.
On average, analysts expect that OpGen will report full-year sales of $910,000.00 for the current fiscal year, with estimates ranging from $2.97 million to $3.71 million. For the next fiscal year, analysts expect that the business will report sales of $6.70 million per share, with estimates ranging from $3.39 million to $10.00 million. Zacks Investment Research’s sales averages are an average based on a survey of sell-side research firms that cover OpGen.
A number of equities research analysts recently issued reports on the stock. HC Wainwright set a $1.00 target price on shares of OpGen and gave the stock a “buy” rating in a research report on Tuesday, July 18th. Zacks Investment Research upgraded shares of OpGen from a “hold” rating to a “buy” rating and set a $0.25 price objective for the company in a research report on Tuesday, August 15th.
OpGen (NASDAQ:OPGN) traded up $0.01 during trading hours on Tuesday, hitting $0.28. 426,100 shares of the stock were exchanged, compared to its average volume of 1,136,185. OpGen has a one year low of $0.21 and a one year high of $3.10. The company has a quick ratio of 0.19, a current ratio of 0.29 and a debt-to-equity ratio of -0.55.
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OpGen Company Profile
OpGen, Inc (OpGen) is a precision medicine company using molecular diagnostics and informatics to combat infectious disease. The Company is engaged in developing molecular information solutions to combat infectious disease in global healthcare settings, helping to guide clinicians with information about life threatening infections, managing patient outcomes, and the spread of infections caused by multidrug-resistant microorganisms.
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