2007-08-26 07:35:49 · 3 answers · asked by Biddness 2 in Business & Finance ➔ Investing
OPXT does have fairly low debt for it's revenue
( $18.5 M debt for $250M revenue )
And good revenue growth
http://finance.yahoo.com/q/ks?s=OPXT
BUT ,
It's P/E is already over 50 ( traditionally recommended is 20)
Sooo , with the higher PE and the credit issues it could travel sideways for awhile OR people bailing on mortgage / finance stocks could buy OPXT .
The business fundamentals seem sound so going out of business is Not likely . . .
BUT stock price ?
Everything is going to be unpredictable for the next several months !
>
2007-08-26 07:48:32 · answer #1 · answered by kate 7 · 1⤊ 0⤋
Chart doesn't look that good. Last three peaks form a descending pattern. No good trend seen. Plotted on top of DJI, if often didn't follow it up. A whole lot of insider options being granted recently. Not being exercised, just granted. Have no idea what that means.
2007-08-27 04:59:00 · answer #2 · answered by ZORCH 6 · 0⤊ 0⤋
from a technical standpoint, prices have crossed the 20 day moving average, and are moving towards the 100 day...certainly a favorable sign.
2007-08-26 14:46:47 · answer #3 · answered by zanthus 5 · 0⤊ 0⤋