OptimizeRx Reports Strong Fourth Quarter and Full Year 2023 Financial Results
| OPRX Stock | USD 5.33 0.34 6.81% |
Slightly above 54% of OPTIMIZERx Corp's investors are presently thinking to get in. The analysis of the overall investor sentiment regarding OPTIMIZERx Corp suggests that some traders are interested. OPTIMIZERx Corp's investing sentiment can be driven by a variety of factors including economic data, OPTIMIZERx Corp's earnings reports, geopolitical events, and overall market trends.
OPTIMIZERx |
Q4 revenue of 28.4 million, increasing 44 percent year-over-yearQ4 gross profit increased 43 percent year-over-year to 17.8 million with gross margins coming in at 63 percent for both periodsAcquired Healthy Offers, Inc. , a leading healthcare consumer-focused omnichannel marketing and analytics company that significantly expands our footprint with consumers and patientsMeaningfully increased our DAAP footprint 24 DAAP deals in 2023 compared to six deals in 2022 WALTHAM, Mass., April 16, 2024
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OPTIMIZERx Corp Investor Sentiment by Other News Outlets
Investor sentiment, mood or attitude towards OPTIMIZERx Corp can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
OPTIMIZERx Corp Fundamental Analysis
We analyze OPTIMIZERx Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of OPTIMIZERx Corp using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of OPTIMIZERx Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Short Ratio
Short Ratio Comparative Analysis
OPTIMIZERx Corp is currently under evaluation in short ratio category among its peers. Short Ratio is typically used by traders and speculators to identify trends in current market sentiment for a particular equity instrument. In its simple terms this ratio shows how many days it will take all current short sellers to cover their positions if the price of a stock begins to rise.
OPTIMIZERx Corp Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with OPTIMIZERx Corp stock to make a market-neutral strategy. Peer analysis of OPTIMIZERx Corp could also be used in its relative valuation, which is a method of valuing OPTIMIZERx Corp by comparing valuation metrics with similar companies.
Peers
OPTIMIZERx Corp Related Equities
| ACON | Aclarion | 5.88 | ||||
| CERT | Certara | 3.11 | ||||
| FORA | Forian | 1.94 | ||||
| HSTM | HealthStream | 1.51 | ||||
| PRVA | Privia Health | 0.74 | ||||
| DOCS | Doximity | 0.28 | ||||
| NRC | National Research | 0.31 | ||||
| DH | Definitive Healthcare | 0.43 | ||||
| ACCD | Accolade | 0.53 | ||||
| HQY | HealthEquity | 1.06 | ||||
| STRM | Streamline Health | 8.55 |
Additional Tools for OPTIMIZERx Stock Analysis
When running OPTIMIZERx Corp's price analysis, check to measure OPTIMIZERx Corp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy OPTIMIZERx Corp is operating at the current time. Most of OPTIMIZERx Corp's value examination focuses on studying past and present price action to predict the probability of OPTIMIZERx Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move OPTIMIZERx Corp's price. Additionally, you may evaluate how the addition of OPTIMIZERx Corp to your portfolios can decrease your overall portfolio volatility.