OPRX Stock Summary and Trading Ideas (Optimizerx | NASDAQ:OPRX)

OptimizeRx Corp is engaged in the healthcare market in the United States. It provides digital health messaging via electronic health records, providing a direct channel for pharmaceutical companies to communicate with healthcare providers and patients. The cloud-based solution supports patient adherence to medications by providing real-time access to financial assistance, prior authorization, education, and clinical information. Its products offering are Financial Messaging, Brand and Clinical Messaging, Brand Support, and Patient Engagement.

Optimizerx trades on the NASDAQ stock market under the symbol OPRX.

As of January 31, 2025, OPRX stock price declined to $5.55 with 115,496 million shares trading.

OPRX has a beta of 2.94, meaning it tends to be more sensitive to market movements. OPRX has a correlation of 0.21 to the broad based SPY ETF.

OPRX has a market cap of $102.24 million. This is considered a Micro Cap stock.

Last quarter Optimizerx reported $21 million in Revenue and $.12 earnings per share. This fell short of revenue expectation by $-4 million and exceeded earnings estimates by $.06.

In the last 3 years, OPRX traded as high as $49.24 and as low as $3.78.

The top ETF exchange traded funds that OPRX belongs to (by Net Assets): IWM, VTI, VXF, IWO, DFAT.

OPRX has underperformed the market in the last year with a return of -60.7%, while SPY returned +26.1%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in OPRX shares. However, OPRX has outperformed the market in the last 3 month and 2 week periods, returning +6.3% and +15.5%, while SPY returned +6.2% and +0.7%, respectively. This indicates OPRX has been having a stronger performance recently.

OPRX support price is $5.38 and resistance is $6.04 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that OPRX shares will trade within this expected range on the day.