OpGen Ownership
OPGNDelisted Stock | USD 1.90 0.15 7.32% |
OpGen |
OpGen Pink Sheet Ownership Analysis
The company recorded a loss per share of 40.32. OpGen Inc last dividend was issued on the 29th of August 2019. The entity had 1:10 split on the 20th of May 2024. OpGen, Inc., a precision medicine company, engages in developing and commercializing molecular microbiology solutions in the United States and internationally. The company was incorporated in 2001 and is headquartered in Rockville, Maryland. Opgen operates under Diagnostics Research classification in the United States and is traded on NASDAQ Exchange. It employs 91 people.The quote for OpGen Inc is published daily by the National Quotation Bureau and the company does not need to meet minimum requirements or file with the SEC. To find out more about OpGen Inc contact Honjian Tan at 240 813 1260 or learn more at https://www.opgen.com.OpGen Inc Insider Trading Activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific OpGen insiders, such as employees or executives, is commonly permitted as long as it does not rely on OpGen's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases OpGen insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
David Lazar over six months ago Disposition of 550000 shares by David Lazar of OpGen subject to Rule 16b-3 | ||
Crovetto Mario over six months ago Acquisition by Crovetto Mario of 15000 shares of OpGen subject to Rule 16b-3 | ||
Jones Evan/ Fa over six months ago Disposition of 883 shares by Jones Evan Fa of OpGen subject to Rule 16b-3 | ||
David Lazar over six months ago Acquisition by David Lazar of 150000 shares of OpGen subject to Rule 16b-3 | ||
David Lazar over six months ago Acquisition by David Lazar of 100000 shares of OpGen subject to Rule 16b-3 | ||
Schlaeppi Yvonne over a year ago Acquisition by Schlaeppi Yvonne of 1500 shares of OpGen subject to Rule 16b-3 | ||
Versant Ventures Iii Llc over a year ago OpGen exotic insider transaction detected | ||
Oliver Schacht over a year ago Exercise or conversion by Oliver Schacht of 12469 shares of OpGen subject to Rule 16b-3 | ||
Oliver Schacht over a year ago Exercise or conversion by Oliver Schacht of 1875 shares of OpGen subject to Rule 16b-3 |
OpGen Outstanding Bonds
OpGen issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. OpGen Inc uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most OpGen bonds can be classified according to their maturity, which is the date when OpGen Inc has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
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Pair Trading with OpGen
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if OpGen position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in OpGen will appreciate offsetting losses from the drop in the long position's value.Moving against OpGen Pink Sheet
0.78 | BSX | Boston Scientific Corp | PairCorr |
0.74 | ELMD | Electromed | PairCorr |
0.74 | PEN | Penumbra | PairCorr |
0.71 | SYK | Stryker Sell-off Trend | PairCorr |
0.69 | BBLGW | Bone Biologics Corp Trending | PairCorr |
The ability to find closely correlated positions to OpGen could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace OpGen when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back OpGen - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling OpGen Inc to buy it.
The correlation of OpGen is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as OpGen moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if OpGen Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for OpGen can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
Other Consideration for investing in OpGen Pink Sheet
If you are still planning to invest in OpGen Inc check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the OpGen's history and understand the potential risks before investing.
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