Opera stock: buy or sell?
February 14th, 2020
Should I buy Opera stock?Make a decision about when to buy or sell stocks is one of the hardest parts of being a trader or investor. Trading strategies are meant for helping you in the decision process of what stocks to choose and when is the best moment to buy them. There are thousands of trading strategies for you to choose, but at Stocks2.com we prefer those that are simple but successful.
None of our preferred buy setups matches with Opera stock situation right now, therefore this is not a suitable entry point.
|New all-time high||No|
|New 52 week high||No|
|Price crossing up 200d MA||No|
|100d MA crossing up 200d MA||No|
Is Opera stock a buy?
Everyday, hundreds of stock ratings are posted by financial analysts to indicate a particular stock's attractiveness.Unfortunately, we couldn't find any rating for OPRA stock for the last month.
Opera stock analysis
Opera closed on Feb/14 at $6.88 and fell a tragic -2.27%.
Shares of Opera ended on Feb/14 at $6.88 and fell a tragic -2.27%. Since December when OPRA stock price broke down the SMA200d line, it slid $-3.26 per share (-32.15%).
Shares of Opera collapsed a spooky -5.88% this week. Late January OPRA rocketed a super good 13.27% in just one week. With this, it's been 3 red weeks in a row, sliding $-1.26 or a -17.85%.
Since price and 40-weeks moving average lines crossed down early December, OPRA fell $-3.26 per share (-32.15%). Trading stocks that are below the 40-weeks (that is, 200-days) moving average line is not recommended by many experts, as it indicates that the stock has not enough institutional support.
Opera stock price history
Opera IPO was on May 9th, 2016 at $7.50 per share1. Since then, OPRA stock sliced a -8.30%, with a yearly average of -2.80%.
1: Adjusted price after possible price splits or reverse-splits.
Opera stock historical price chart
OPRA stock reached 52-week highs on September at $14.94, and all-time highs 2018-07-27 with a price of 15.62.
Opera stock price targetPredicting the price evolution of a stock or any financial instrument in a reliable and repeatable way is probably impossible. However, banks and other financial institutions analysts, with the help of lots of data and algorithms do their best to predict the stock prices movement. We do not recommend to follow these stock price predictions without a critical thinking from your side, as their accuracy is usually low. For the last month we have not detected any price target for Opera stock by any trusted analyst.
Financials and fundamental analysis
Earnings date and Earnings per ShareAfter presenting its last earnings report , Opera . As soon as we get its posted EPS from the earnings report, we will update this report.
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Annual financial resultsIn 2018, Opera annual sales boosted an exceptional 33.66% to $172.28 M dollars from $128.89 marked in 2017. When comparing 2018 vs 2017, in line, profit margin (that is, the net income divided by revenues) skyrocketed a 15.70% to 20.41%.
|2016||$19 M||-||$-7.70 M-41.1%||-|
|2017||$129 M||586.80%||$6.06 M4.7%||-178.71%|
|2018||$172 M||33.66%||$35 M20.4%||479.82%|
Quarterly financial resultsOpera reported $48.34 M in revenues for 2018-Q4, a 8.21% improvement compared to previous quarter. Reported quarter earnings marked $11.41 M with a profit margin of 23.61%. Profit margin grew a 1.86% compared to previous quarter when profit margin was 21.75%. When comparing turnover to same quarter last year, Opera sales marked an extraordinary growth and climbed a 24.35%. Looking back to recent quarterly results, Opera posted 7 positive quarters in a row.
|2017-Q1||$25 M||-||$0 M-0.7%||-|
|2017-Q2||$26 M||3.99%||$-3 M-9.6%||1,418.45%|
|2017-Q4||$39 M||46.73%||$1 M3.2%||-149.08%|
|2018-Q1||$39 M||1.48%||$7 M16.8%||428.67%|
|2018-Q2||$40 M||0.97%||$7 M18.6%||11.97%|
|2018-Q3||$45 M||12.15%||$10 M21.8%||31.12%|
|2018-Q4||$48 M||8.21%||$11 M23.6%||17.45%|
Opera ownershipWhen you are planning to invest in shares of a company, it's always worth to review its ownership structure.
Opera shares owned by insiders (that is, founders, CEO, CTO, main executives or other management staff) currently counts a 61.20% of all shares.
In case of Opera stock, 12.01% of its shares are held by institutions (mutual funds, pension funds, big banks and other large financial institutions). Bearish positions for OPRA stock account 0.00%, no big difference from last month.
For a better understanding, the next table shows ownership data compared to other related stocks:
|Market cap||$810.4 M|
|Total shares||117.8 M|
|Float shares||23.6 M|
|- Institutional holdings (%)||12.0%|
|- Insider holdings (%)||61.2%|
|Shares in short selling||0.0%|
|Friday, February 14th, 2020|
|Day range||$6.80 - $7.17|
|Average true range||$0.38|
|50d mov avg||$8.48|
|100d mov avg||$9.24|
|200d mov avg||$10.09|
Opera performanceTo better understand Opera performance you must becnhmark its gains with other related stocks in same sector or industry. For Opera, the comparison is made against .