OpGen (OTC:OPGN) Share Price Passes Above 50-Day Moving Average – Here’s Why

Shares of OpGen, Inc. (OTC:OPGNGet Free Report) crossed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $11.01 and traded as high as $20.00. OpGen shares last traded at $18.81, with a volume of 2,305 shares trading hands.

OpGen Price Performance

The stock has a 50 day simple moving average of $11.28 and a 200-day simple moving average of $5.62. The firm has a market cap of $182.18 million, a PE ratio of -3.25 and a beta of -1.77.

About OpGen

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OpGen, Inc (NASDAQ: OPGN) is a precision medicine company specializing in molecular diagnostics and digital solutions for infectious disease management. Leveraging next-generation sequencing, bioinformatics and molecular assay technologies, OpGen develops tools designed to detect microbial pathogens and antimicrobial resistance markers rapidly and accurately. The company’s mission is to support clinicians and laboratories in making timely, informed treatment decisions that help curb the spread of drug-resistant infections.

Among OpGen’s key offerings is the Acuitas® AMR Gene Panel, a suite of molecular assays that identify genetic determinants of antibiotic resistance directly from positive blood cultures.

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