Geoffrey Wolf Sells 2,570 Shares of Opiant Pharmaceuticals Inc (OPNT) Stock
Opiant Pharmaceuticals Inc (NASDAQ:OPNT) major shareholder Geoffrey Wolf sold 2,570 shares of the company’s stock in a transaction on Friday, December 8th. The stock was sold at an average price of $30.40, for a total value of $78,128.00. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Large shareholders that own more than 10% of a company’s shares are required to disclose their sales and purchases with the SEC.
Shares of Opiant Pharmaceuticals Inc (NASDAQ:OPNT) traded down $4.78 on Thursday, hitting $24.11. The stock had a trading volume of 167,800 shares, compared to its average volume of 36,180. Opiant Pharmaceuticals Inc has a 12-month low of $5.00 and a 12-month high of $51.90. The stock has a market cap of $59.74, a price-to-earnings ratio of 68.79 and a beta of -2.33.
Opiant Pharmaceuticals (NASDAQ:OPNT) last issued its quarterly earnings data on Monday, December 4th. The technology company reported ($2.77) EPS for the quarter, missing the consensus estimate of ($1.19) by ($1.58). Opiant Pharmaceuticals had a net margin of 8.93% and a return on equity of 42.44%. The business had revenue of $0.02 million for the quarter. equities research analysts forecast that Opiant Pharmaceuticals Inc will post -5.12 earnings per share for the current year.
Several analysts have recently commented on OPNT shares. ValuEngine upgraded Opiant Pharmaceuticals from a “buy” rating to a “strong-buy” rating in a report on Wednesday, September 6th. TheStreet upgraded Opiant Pharmaceuticals from a “c+” rating to a “b” rating in a report on Monday, October 16th.
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About Opiant Pharmaceuticals
Opiant Pharmaceuticals, Inc, formerly Lightlake Therapeutics, Inc, is a specialty pharmaceutical company. The Company develops pharmacological treatments for substance use, addictive and eating disorders. The Company has developed NARCAN (naloxone hydrochloride) Nasal Spray, a treatment to reverse opioid overdoses, which was conceived, licensed, developed and approved by the United States Food and Drug Administration (FDA).
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