OpGen (NASDAQ:OPGN) Shares Pass Above 50-Day Moving Average – Here’s Why

Shares of OpGen, Inc. (NASDAQ:OPGNGet Free Report) crossed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $2.35 and traded as high as $4.20. OpGen shares last traded at $4.17, with a volume of 14,173 shares traded.

Wall Street Analysts Forecast Growth

Separately, StockNews.com began coverage on shares of OpGen in a research note on Friday. They issued a “sell” rating on the stock.

Read Our Latest Report on OpGen

OpGen Price Performance

The business has a 50-day simple moving average of $2.35 and a 200-day simple moving average of $1.70.

About OpGen

(Get Free Report)

OpGen, Inc, a precision medicine company, engages in developing and commercializing molecular microbiology solutions in the United States and internationally. Its product portfolio includes Acuitas AMR Gene Panel, an in vitro diagnostic (IVD) test for the detection and identification of various bacterial nucleic acids and genetic determinants of antimicrobial resistance (AMR) from bacterial colonies isolated from any specimen, as well as Curetis CE-IVD-marked polymerase chain reaction-based SARS-CoV-2 test kits.

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