Opsens (CVE:OPS) Share Price Passes Above 50-Day Moving Average of $1.39

Opsens Inc. (CVE:OPS – Get Rating) crossed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of C$1.39 and traded as high as C$1.40. Opsens shares last traded at C$1.39, with a volume of 24,700 shares changing hands.

Wall Street Analysts Forecast Growth

Separately, Royal Bank of Canada lowered their target price on shares of Opsens from C$4.00 to C$3.50 and set an “outperform” rating on the stock in a report on Monday, April 10th.

Opsens Stock Performance

The firm has a 50 day simple moving average of C$1.39 and a two-hundred day simple moving average of C$1.39.

Opsens Company Profile

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Opsens Inc provides fiber optic sensing technology. The Company operates through two segments: Medical and Industrial. In Medical segment, the Company focuses on the measure of Fractional Flow Reserve (FFR) in interventional cardiology. In Industrial segment, it develops, manufactures and installs fiber optic sensing solutions for critical applications, such as the monitoring of oil wells and other industrial applications.