Home Top Movers OpGen (OPGN) Stock Is Up Today in Pre-Hours Trade, Why?

OpGen (OPGN) Stock Is Up Today in Pre-Hours Trade, Why?

In this morning’s premarket session OpGen Inc. (NASDAQ: OPGN) shares are up 2.17% at $2.35. At $2.30, OpGen stock ended last trading session up 5.99%. In the past 50 days, the OPGN stock has recorded a daily trading volume of 11.83 million shares on average, but the volume of 1.04 million shares traded in the last session came well below that average.

Get the hottest stocks to trade every day before the market opens 100% ‎free. Click here now. 

There is a price-to-cash-flow ratio of 6.93 for OPGN stock, and its price to sales ratio is 22.11. The OPGN stock has not been rising with a current trend but recent movements may help us understand the stock’s potential.


The 2021 Backdoor Crypto Portfolio (free)

Even if you’re not actively in crypto, you deserve to know what’s actually going on...

Because while leading assets such as Bitcoin (BTC) and Ethereum (ETH) are climbing in value, a select group of public “crypto stocks” are surging right along with them. More importantly, these stocks are outpacing the returns these leading crypto assets aren already producing.

Click here to get the full story… along with our long list of backdoor Bitcoin strategies. It’s free.

Sponsored


  Read More

Recent moves:

OpGen is a precision medicine company that harnesses bioinformatics and molecular diagnostics to combat infectious diseases. In partnership with subsidiaries Curetis GmbH and Ares Genetics GmbH, OPGN is working to improve patient outcomes with its molecular microbiology solutions in order to better protect patients from life-threatening infections caused by multidrug-resistant microorganisms, or MDROs.

The OpGen announced last week that its strategic collaboration with the New York State Department of Health (“DOH”) will continue six months beyond the second-year expansion period through September 30, 2021.

Collaboration between the two organizations was intended to devise a state-of-the-art strategy to detect, track, and manage antimicrobial-resistant conditions in health care facilities statewide.

As testing volumes have increased substantially from fall of 2020 until the end of March 2021 as a result of the COVID-19 pandemic, the extension and expansion phase allows all stakeholders to generate substantial numbers of test results as testing volumes have been growing substantially throughout the rest of the year.

OPGN said that it will continue to partner with the Wadsworth Center at DOH and other healthcare systems to expand the platform’s reach, enhance data collection, and increase the volume of testing.

Get the hottest stocks to trade every day before the market opens 100% ‎free. Click here now. 

Why it was extended?

All milestones from the first and second years have been achieved by OpGen (OPGN) for developing a digital health platform for infectious diseases and precision medicine. The OPGN platform enables healthcare institutions to communicate seamlessly with DOH and uses genomic microbiology to monitor and control antibiotic resistance statewide.

Get The Best Stocks To Trade Every Day!

Join now to get the NewsHeater.com pre-market morning brief 100% free

Must Read

What Explains MOGO Stock Going Up Today?

The Mogo Inc. (NASDAQ: MOGO) stock has gained 5.04% to $8.55 in premarket trading today. Mogo stock finished last trading day at $8.14, down...

Zynga Inc. (ZNGA) stock rises in the Pre-Market: What’s going on?

Zynga Inc. (ZNGA) announced its first-quarter 2021 financial results after which the ZNGA stock happened to be green after underperformance in the last trade....

American Shared Hospital Services (AMS) Stock Continues to Soar Following Unprecedent Volumes Being Traded

American Shared Hospital Services (AMS) stock prices surged by 30.51% as of market close on May 5th, 2021, bringing the price per share up...

James River Group Holdings Ltd. (NASDAQ: JRVR) stock falls during pre-market. Why is it so?

James River Group Holdings Ltd. (NASDAQ: JRVR) stock plunged by 1.67% at last close while the JRVR stock continued decline by 25.74% at last...

Aviat Networks, Inc. (AVNW) Stock Trending Up After Promising Financial Reports for Most Recent Quarter

Aviat Networks, Inc. (AVNW) stock prices were up 3.81% as of market close on May 5th 2021, bringing the price per share up to...

Ambev S.A. (ABEV) Stock Trends Up Following Highly Promising Earnings Call for Q4 2020

Ambev S.A. (ABEV) stock prices were up 10.3943% shortly after the market opened on May 6th, 2021, bringing the price per share up to...

Sally Beauty Holdings (NYSE:SBH) stock surged in the current trading session; here’s why

In the current trading session, Sally Beauty Holdings Inc. (SBH) stock had surged by 19.69% to $24.25 at the time of writing. SBH stock...

Moderna Inc. (NASDAQ: MRNA) stock declines during current market. Let’s figure out why?

Moderna Inc. (NASDAQ: MRNA) stock falls by 5.31% in the current market trading after MRNA has announced its financial results for Q1 2021. Moderna...

Related News

Himax Technologies, Inc. (HIMX) Stock Climbing After Promising Q1 2021 Financial Reports

Himax Technologies, Inc. (HIMX) stock prices were down by 6.97% as of the market closing on May 5th 2021, bringing the price per share...

Why BioCryst Pharmaceuticals, Inc. (BCRX) stock is climbing today?

BioCryst Pharmaceuticals, Inc. (BCRX) announced its first-quarter 2021 financial results after which the BCRX stock happened to be green as its per-share price went...

Precipio, Inc. (PRPO) Stock Trending Up Following Successful Launch of Covid-19 Antibody Testing Kit

Precipio, Inc. (PRPO) stock prices were down 3.62% as of the market closing on ay 5th 2021, bringing the price per hare down to...

Shares of Cinedigm Corp. (CIDM) are climbing high in the premarket. What’s Going On?

Cinedigm (NASDAQ:CIDM), a distributor of various movies, television and other digital content, managing a library of distribution rights to several thousand titles and different...

Why Stealth BioTherapeutics Corp (MITO) stock is soaring in Pre-Market today?

Stealth BioTherapeutics Corp (MITO) presented the data at the 2021 Association for Research in Vision and Ophthalmology (ARVO) Virtual Annual Meeting, which is collected...

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Get The Best Stocks To Trade Every Day!

Join now to get the NewsHeater.com pre-market morning brief 100% free

Get Best Morning Financial Newsletter... 100% Free

Best stocks ideas

Analysts’ Upgrades & Downgrades

Insider Watchlist

Important Earnings

We do not sell or share your information with anyone.

Get The Best Stocks To Trade Every Day!...100% Free

We do not sell or share your information with anyone.

Get The Best Stocks To Trade Every Day!

Join now to get the NewsHeater.com pre-market morning brief 100% free

We do not sell or share your information with anyone.