Opus Genetics (NASDAQ:IRD) Trading 2% Higher – Time to Buy?

Shares of Opus Genetics, Inc. (NASDAQ:IRDGet Free Report) traded up 2% during mid-day trading on Friday . The stock traded as high as $1.06 and last traded at $1.01. 187,892 shares were traded during trading, a decline of 15% from the average session volume of 220,116 shares. The stock had previously closed at $0.99.

Wall Street Analyst Weigh In

Separately, HC Wainwright reissued a “buy” rating and issued a $8.00 price objective on shares of Opus Genetics in a research note on Wednesday, February 19th.

View Our Latest Report on IRD

Opus Genetics Trading Up 2.0 %

The company has a market capitalization of $32.37 million, a P/E ratio of -0.93 and a beta of 0.28. The company’s 50 day moving average price is $1.08.

Opus Genetics Company Profile

(Get Free Report)

Opus Genetics Inc is a clinical-stage ophthalmic biopharmaceutical company, focuses on developing and commercializing therapies for the treatment of unmet needs of patients with refractive and retinal eye disorders. Opus Genetics Inc, formerly known as Ocuphire Pharma Inc, is based in Farmington Hills, Michigan.

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