OpGen (NASDAQ:OPGN) Stock Price Passes Above 50 Day Moving Average – Should You Sell?

Shares of OpGen, Inc. (NASDAQ:OPGNGet Free Report) passed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $1.88 and traded as high as $1.88. OpGen shares last traded at $1.70, with a volume of 6,086 shares changing hands.

Wall Street Analyst Weigh In

Separately, StockNews.com started coverage on shares of OpGen in a research report on Saturday. They set a “sell” rating for the company.

Check Out Our Latest Stock Analysis on OpGen

OpGen Trading Up 10.4 %

The firm’s fifty day moving average is $1.87 and its 200 day moving average is $2.65.

OpGen (NASDAQ:OPGNGet Free Report) last released its quarterly earnings results on Monday, August 19th. The medical research company reported ($1.18) EPS for the quarter. The firm had revenue of $0.03 million during the quarter.

About OpGen

(Get Free Report)

OpGen, Inc, a precision medicine company, engages in developing and commercializing molecular microbiology solutions in the United States and internationally. Its product portfolio includes Acuitas AMR Gene Panel, an in vitro diagnostic (IVD) test for the detection and identification of various bacterial nucleic acids and genetic determinants of antimicrobial resistance (AMR) from bacterial colonies isolated from any specimen, as well as Curetis CE-IVD-marked polymerase chain reaction-based SARS-CoV-2 test kits.

Further Reading

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