OpGen Inc (OPGN) Lifted to Hold at Zacks Investment Research

Zacks Investment Research upgraded shares of OpGen Inc (NASDAQ:OPGN) from a sell rating to a hold rating in a research note issued to investors on Wednesday morning.

According to Zacks, “OpGen, Inc. is a microbial genetics analysis company. The Company offers optical mapping services for analysis of microbial, yeast and fungal genomic architecture. OpGen, Inc. headquartered in Gaithersburg, Maryland. “

Separately, Rodman & Renshaw set a $3.30 price target on shares of OpGen and gave the stock a buy rating in a research note on Wednesday, August 10th.

Shares of OpGen (NASDAQ:OPGN) traded down 3.45% during midday trading on Wednesday, hitting $1.40. 13,214 shares of the stock were exchanged. OpGen has a 12-month low of $1.02 and a 12-month high of $4.65. The firm’s market cap is $30.33 million. The stock’s 50 day moving average is $1.64 and its 200 day moving average is $1.61.

OpGen (NASDAQ:OPGN) last announced its quarterly earnings results on Tuesday, August 9th. The company reported ($0.37) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.28) by $0.09. On average, equities research analysts forecast that OpGen will post ($1.17) earnings per share for the current fiscal year.

OpGen Company Profile

OpGen, Inc (OpGen) is a precision medicine company using molecular diagnostics and informatics to combat infectious disease. The Company is engaged in developing molecular information solutions to combat infectious disease in global healthcare settings, helping to guide clinicians with information about life threatening infections, managing patient outcomes, and the spread of infections caused by multidrug-resistant microorganisms.

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