Why OneSpan Inc (NASDAQ:OSPN) Stock down -1.56% in Last Week?

Sidoti raised the price target for the OneSpan Inc (NASDAQ:OSPN) stock from “a Buy” to “a Neutral”. The rating was released on April 02, 2024, according to finviz. We previously noted in another research note published on August 10, 2023 by DA Davidson that downgraded the stock from a Buy to a Neutral with a price target of $12 for OSPN stock. The research report from Craig Hallum has initiated the stock to Buy, with a price target set at $28. The stock was upgraded by Sidoti, who disclosed in a research note on April 15, 2021, from Neutral to Buy and set the price objective to $39. In their research brief published March 31, 2021, DA Davidson analysts initiated the OneSpan Inc stock to Buy with a price target of $35.

The latest trade, Performances and Moving Averages give us the following Picture

The firm’s stock price fluctuated -1.56% within the last five trades and -6.67% within the last 30 trades, which was a significant change from the beginning of this year. Despite the fact that the share price increased 32.11% in the last 6 months and 12.71% was added to its value over the previous 3 months. OSPN stock is trading at a margin of -1.90%, 0.23% and 16.94% apart from the 20-Day, 50-Day and 200-Day Simple Moving Average prices.

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As of the close of trading, OSPN deals in the Technology domain. The stock is trading -13.94 percent below its 52-week high and 64.79 percent above its 52-week low. For example, looking both at the price and the high and low measurements of 52 weeks will give you a clearer picture of the direction the price is heading. The firm’s Weighted Alpha is 1.77. A positive weighted alpha indicates the firm has done well over the course of the year, whereas one below 0 indicates that the firm has done poorly.

What Does OneSpan Inc’s Profitability and Valuation Ratios Tell Us About the Stock?

With regard to the profitability of the company, the operating margin is currently at 4.73 percent and the profit margin is -3.29 percent, and the company has reported a gross margin of 66.81 percent. The profit margin, also known as the revenue ratio or gross profit ratio, is an efficiency figure used to estimate the business’s profitability by comparing net income and sales. The higher the number, the more profits are generated for the company and vice versa.

The stock’s market cap achieved a total value of $476.53 million as of the last trading session. Market capitalization is the total value of all outstanding shares of a corporation and it is used to measure a company’s market value. The price-to-earnings ratio is a method of assessing corporate values by comparing them to their per-share profit. Forward P/E stands at 10.76. Forward price-to-earnings is calculated using predicted earnings for the next financial year’s P/E determination. The stock has achieved an effective Price-to-Sales Ratio of 1.97 that mirrors the cost to be found for sales by the market. The firm managed a Price-to-Book ratio of 2.78, which equates the market value of a stock with its book value.

Is Insider Trading a Real Thing?

Almost all investors and traders prefer to invest in shares controlled by the management of a corporation as a management company will be more likely to run the business itself and to never conduct things against the management’s desires and will always try to do what is best for their shareholders. Currently, 6.40 percent of OneSpan Inc shares are owned by insiders, and 84.49 percent are held by financial institutions. McConnell Michael J, the Director at OneSpan Inc (OSPN) has bought 5,000 shares of firm on Mar 15 ’24 at a price of $9.83 against the total amount of $49150.0. In another inside trade, Martell Jorge Garcia, Chief Financial Officer of OneSpan Inc (NASDAQ:OSPN) sold 5,000 shares of the firm on Mar 15 ’24 for a total worth of $50460.0 at a price of $10.09. An inside trade which took place on Mar 13 ’24, Director of OneSpan Inc Zenner Marc bought 2,500 shares of firm against total price of $24716.0 at the cost of $9.89 per share.

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