25 XP 0   0   10  
0coffee
Main menu
3rd party ad coffee SUPPORTERis ad-free.

Optomed PLC
Buy, Hold or Sell?

Let's analyze Optomed together

I guess you are interested in Optomed PLC. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of Optomed PLC. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

Get notifications about Optomed PLC

I send you an email if I find something interesting about Optomed PLC.

Quick analysis of Optomed (30 sec.)










What can you expect buying and holding a share of Optomed? (30 sec.)

How much money do you get?

How much money do you get?
‚ā¨0.00
When do you have the money?
1 year
How often do you get paid?
0.0%

What is your share worth?

Current worth
‚ā¨1.00
Expected worth in 1 year
‚ā¨0.99
How sure are you?
26.1%

+ What do you gain per year?

Total Gains per Share
‚ā¨0.00
Return On Investment
-0.1%

For what price can you sell your share?

Current Price per Share
‚ā¨5.92
Expected price per share
‚ā¨4.74 - ‚ā¨7.74
How sure are you?
50%
3rd party ad coffee SUPPORTERis ad-free.

1. Valuation of Optomed (5 min.)




Live pricePrice per Share (EOD)

‚ā¨5.92

Intrinsic Value Per Share

‚ā¨-2.39 - ‚ā¨-2.78

Total Value Per Share

‚ā¨-1.40 - ‚ā¨-1.78

2. Growth of Optomed (5 min.)




Is Optomed growing?

Current yearPrevious yearGrowGrow %
How rich?$20.8m$20.6m$900.8k4.2%

How much money is Optomed making?

Current yearPrevious yearGrowGrow %
Making money-$1.1m-$1.4m$240.1k20.3%
Net Profit Margin-30.0%-35.2%--

How much money comes from the company's main activities?

3. Financial Health of Optomed (5 min.)




4. Comparing to competitors in the Health Information Services industry (5 min.)




  Industry Rankings (Health Information Services)  


Richest
#61 / 113

Most Revenue
#75 / 113

Most Profit
#52 / 113
3rd party ad coffee SUPPORTERis ad-free.

What can you expect buying and holding a share of Optomed? (5 min.)

Welcome investor! Optomed's management wants to use your money to grow the business. In return you get a share of Optomed.

What can you expect buying and holding a share of Optomed?

First you should know what it really means to hold a share of Optomed. And how you can make/lose money.

Speculation

The Price per Share of Optomed is ‚ā¨5.92. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of Optomed.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Optomed, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is ‚ā¨1.00. Based on the TTM, the Book Value Change Per Share is ‚ā¨0.00 per quarter. Based on the YOY, the Book Value Change Per Share is ‚ā¨0.05 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is ‚ā¨0.00 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Optomed.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 ‚ā¨% of Price per Share‚ā¨% of Price per Share‚ā¨% of Price per Share‚ā¨% of Price per Share‚ā¨% of Price per Share
Usd Eps-0.06-1.0%-0.06-1.0%-0.07-1.2%-0.06-1.0%-0.05-0.9%
Usd Book Value Change Per Share-0.06-1.1%0.000.0%0.050.9%0.040.6%0.050.8%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%
Usd Total Gains Per Share-0.06-1.1%0.000.0%0.050.9%0.040.6%0.050.8%
Usd Price Per Share4.28-3.65-3.69-5.52-4.80-
Price to Earnings Ratio-17.46--17.59--12.63--52.01--45.23-
Price-to-Total Gains Ratio-67.03--40.08--16.13--185.36--185.36-
Price to Book Ratio3.96-3.29-3.43-5.11-4.44-
Price-to-Total Gains Ratio-67.03--40.08--16.13--185.36--185.36-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share6.419648
Number of shares155
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share0.000.04
Usd Total Gains Per Share0.000.04
Gains per Quarter (155 shares)-0.185.96
Gains per Year (155 shares)-0.7223.84
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
10-1-1102414
20-1-1204838
30-2-1307262
40-3-1409586
50-4-150119110
60-4-160143134
70-5-170167158
80-6-180191182
90-6-190215206
100-7-200238230

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share0.04.00.00.0%0.012.00.00.0%0.020.00.00.0%1.022.00.04.3%1.022.00.04.3%
Book Value Change Per Share1.03.00.025.0%3.09.00.025.0%5.014.01.025.0%6.014.03.026.1%6.014.03.026.1%
Dividend per Share0.00.04.00.0%0.00.012.00.0%0.00.020.00.0%0.00.023.00.0%0.00.023.00.0%
Total Gains per Share1.03.00.025.0%3.09.00.025.0%5.014.01.025.0%6.014.03.026.1%6.014.03.026.1%
3rd party ad coffee SUPPORTERis ad-free.

Fundamentals of Optomed

About Optomed PLC

Optomed Oyj, together with its subsidiaries, manufactures and sells handheld fundus cameras in Finland and internationally. It operates in two segments, Devices and Software. The company develops, manufactures, and sells fundus cameras for ophthalmologists, pediatricians, endocrinologists, neurologists, and primary care professionals; and provides professional IT consulting services for government institutions. It offers camera products under the Optomed Smartscope Pro, Optomed Aurora, and Optomed Polaris brand names, as well as OEM cameras under the Pictor Plus and Pictor Prestige (Volk), Visuscout 100 (Zeiss), Fundus Module 300 (The Haag-Streit), and Signal (Topcon) brand names. The company provides Avenue Eye Screen, a workflow management software for screening and monitoring of eye diseases; Avenue Archive, an application software for displaying, archiving, and transmitting healthcare information; Avenue Telemedicine, a remote analysis solution; Avenue AI, a diabetic retinopathy screening service; Avenue Sync, a software for integrating fundus camera to the hospital image archive and worklist server; Avenue Flow, an eyecare management software; and Avenue SaaS, a software-as-a-service platform. In addition, it offers Cancer Screen, a screening process management software; Optomed RIS, a software solution for healthcare imaging units; Sectra PACS, a modular system for healthcare providers; Optomed Service Portal, a support function for healthcare units; and Pathology PACS, which allows digital pathology images to be reviewed and shared. It sells its products through OEMs, distributors, and direct sales to hospitals, eye clinics, and optician chains and stores. Optomed Oyj was incorporated in 2004 and is headquartered in Oulu, Finland.

Fundamental data was last updated by Penke on 2024-07-20 20:41:02.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a huge loss.
Using its assets, the company is very inefficient in making profit.
Using its investors money, the company is very inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating very inefficient.
The company is inefficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is able to pay all its short-term debts.
The company is able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is very able to pay all its debts by selling its assets.
The company is very able to pay all its debts with equity.

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is fair priced.
Based on the earnings, the company is expensive.
Based on how much money comes from the company's main activities, the company is cheap.
3rd party ad coffee SUPPORTERis ad-free.

1.1. Profitability of Optomed PLC.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit¬†Optomed earns for each €1 of revenue.

  • Above 10% is considered healthy but always compare¬†Optomed to the¬†Health Information Services industry mean.
  • A Net Profit Margin of -32.8%¬†means that¬†€-0.33 for each €1¬†in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Optomed PLC:

  • The MRQ is -32.8%. The company is making a huge loss. -2
  • The TTM is -30.0%. The company is making a huge loss. -2
Trends
Current periodCompared to+/- 
MRQ-32.8%TTM-30.0%-2.7%
TTM-30.0%YOY-35.2%+5.2%
TTM-30.0%5Y-29.5%-0.5%
5Y-29.5%10Y-26.6%-2.9%
Compared to industry (Health Information Services)
PeriodCompanyIndustry (mean)+/- 
MRQ-32.8%-16.8%-16.0%
TTM-30.0%-23.0%-7.0%
YOY-35.2%-27.6%-7.6%
5Y-29.5%-33.6%+4.1%
10Y-26.6%-43.2%+16.6%
1.1.2. Return on Assets

Shows how efficient Optomed is using its assets to generate profit.

  • Above 5% is considered healthy¬†but always compare¬†Optomed to the¬†Health Information Services industry mean.
  • -3.9% Return on Assets means that¬†Optomed generated¬†€-0.04 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Optomed PLC:

  • The MRQ is -3.9%. Using its assets, the company is very inefficient in making profit. -2
  • The TTM is -3.8%. Using its assets, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-3.9%TTM-3.8%-0.1%
TTM-3.8%YOY-4.4%+0.6%
TTM-3.8%5Y-3.7%-0.1%
5Y-3.7%10Y-3.2%-0.5%
Compared to industry (Health Information Services)
PeriodCompanyIndustry (mean)+/- 
MRQ-3.9%-3.9%0.0%
TTM-3.8%-4.9%+1.1%
YOY-4.4%-5.8%+1.4%
5Y-3.7%-6.3%+2.6%
10Y-3.2%-7.2%+4.0%
1.1.3. Return on Equity

Shows how efficient Optomed is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare¬†Optomed to the¬†Health Information Services industry mean.
  • -5.7% Return on Equity means Optomed generated €-0.06¬†for each¬†€1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Optomed PLC:

  • The MRQ is -5.7%. Using its investors money, the company is very inefficient in making profit. -2
  • The TTM is -5.6%. Using its investors money, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-5.7%TTM-5.6%-0.1%
TTM-5.6%YOY-6.9%+1.3%
TTM-5.6%5Y-6.8%+1.2%
5Y-6.8%10Y-6.0%-0.8%
Compared to industry (Health Information Services)
PeriodCompanyIndustry (mean)+/- 
MRQ-5.7%-3.6%-2.1%
TTM-5.6%-5.7%+0.1%
YOY-6.9%-8.3%+1.4%
5Y-6.8%-9.4%+2.6%
10Y-6.0%-9.5%+3.5%
3rd party ad coffee SUPPORTERis ad-free.

1.2. Operating Efficiency of Optomed PLC.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Optomed is operating .

  • Measures how much profit Optomed makes for each €1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare¬†Optomed to the¬†Health Information Services industry mean.
  • An Operating Margin of 0.0%¬†means the company generated €0.00 ¬†for each €1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Optomed PLC:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-6.5%+6.5%
TTM-6.5%YOY-30.5%+24.1%
TTM-6.5%5Y-22.0%+15.5%
5Y-22.0%10Y-19.8%-2.2%
Compared to industry (Health Information Services)
PeriodCompanyIndustry (mean)+/- 
MRQ--26.4%+26.4%
TTM-6.5%-12.5%+6.0%
YOY-30.5%-23.9%-6.6%
5Y-22.0%-18.9%-3.1%
10Y-19.8%-26.5%+6.7%
1.2.2. Operating Ratio

Measures how efficient Optomed is keeping operating costs low.

  • Below 1 is considered healthy (always compare to¬†Health Information Services industry mean).
  • An Operation Ratio of 1.69 means that the operating costs are €1.69 for each €1 in net sales.

Let's take a look of the Operating Ratio trends of Optomed PLC:

  • The MRQ is 1.693. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.529. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.693TTM1.529+0.164
TTM1.529YOY1.315+0.214
TTM1.5295Y1.331+0.198
5Y1.33110Y1.297+0.034
Compared to industry (Health Information Services)
PeriodCompanyIndustry (mean)+/- 
MRQ1.6931.369+0.324
TTM1.5291.377+0.152
YOY1.3151.403-0.088
5Y1.3311.372-0.041
10Y1.2971.373-0.076
3rd party ad coffee SUPPORTERis ad-free.

1.3. Liquidity of Optomed PLC.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Optomed is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to¬†Health Information Services industry mean).
  • A Current Ratio of 2.25¬†means the company has €2.25 in assets for each €1 in short-term debts.

Let's take a look of the Current Ratio trends of Optomed PLC:

  • The MRQ is 2.246. The company is able to pay all its short-term debts. +1
  • The TTM is 2.461. The company is able to pay all its short-term debts. +1
Trends
Current periodCompared to+/- 
MRQ2.246TTM2.461-0.215
TTM2.461YOY2.938-0.477
TTM2.4615Y3.222-0.761
5Y3.22210Y2.829+0.393
Compared to industry (Health Information Services)
PeriodCompanyIndustry (mean)+/- 
MRQ2.2461.771+0.475
TTM2.4611.691+0.770
YOY2.9382.151+0.787
5Y3.2222.714+0.508
10Y2.8292.635+0.194
1.3.2. Quick Ratio

Measures if Optomed is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but¬†always compare¬†Optomed to the¬†Health Information Services industry mean.
  • A Quick Ratio of 0.62¬†means the company can pay off €0.62 for each €1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Optomed PLC:

  • The MRQ is 0.623. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 1.287. The company is able to pay all its short-term debts with the most liquid assets. +1
Trends
Current periodCompared to+/- 
MRQ0.623TTM1.287-0.663
TTM1.287YOY2.340-1.054
TTM1.2875Y2.364-1.077
5Y2.36410Y2.064+0.300
Compared to industry (Health Information Services)
PeriodCompanyIndustry (mean)+/- 
MRQ0.6231.141-0.518
TTM1.2871.154+0.133
YOY2.3401.813+0.527
5Y2.3642.296+0.068
10Y2.0642.251-0.187
3rd party ad coffee SUPPORTERis ad-free.

1.4. Solvency of Optomed PLC.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Optomed assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare¬†Optomed to Health Information Services industry mean.
  • A Debt to Asset Ratio of 0.31¬†means that Optomed assets are¬†financed with 30.5% credit (debt) and the remaining percentage (100% - 30.5%)¬†is financed by its owners/shareholders.¬†

Let's take a look of the Debt to Asset Ratio trends of Optomed PLC:

  • The MRQ is 0.305. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.320. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.305TTM0.320-0.015
TTM0.320YOY0.364-0.044
TTM0.3205Y0.395-0.075
5Y0.39510Y0.408-0.013
Compared to industry (Health Information Services)
PeriodCompanyIndustry (mean)+/- 
MRQ0.3050.380-0.075
TTM0.3200.393-0.073
YOY0.3640.390-0.026
5Y0.3950.414-0.019
10Y0.4080.437-0.029
1.4.2. Debt to Equity Ratio

Measures if Optomed is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but¬†always compare¬†Optomed to the¬†Health Information Services industry mean.
  • A Debt to Equity ratio of 44.0% means that company has €0.44 debt for each €1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Optomed PLC:

  • The MRQ is 0.440. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.473. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.440TTM0.473-0.033
TTM0.473YOY0.573-0.100
TTM0.4735Y0.776-0.303
5Y0.77610Y0.919-0.143
Compared to industry (Health Information Services)
PeriodCompanyIndustry (mean)+/- 
MRQ0.4400.556-0.116
TTM0.4730.574-0.101
YOY0.5730.621-0.048
5Y0.7760.695+0.081
10Y0.9190.615+0.304
3rd party ad coffee SUPPORTERis ad-free.

2. Market Valuation of Optomed PLC

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures¬†how much money you pay¬†for each share for¬†every €1 in earnings Optomed generates.

  • Above 15 is considered overpriced but¬†always compare¬†Optomed to the¬†Health Information Services industry mean.
  • A PE ratio of -17.46 means the investor is paying €-17.46¬†for every €1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Optomed PLC:

  • The EOD is -26.173. Based on the earnings, the company is expensive. -2
  • The MRQ is -17.464. Based on the earnings, the company is expensive. -2
  • The TTM is -17.590. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-26.173MRQ-17.464-8.710
MRQ-17.464TTM-17.590+0.126
TTM-17.590YOY-12.627-4.963
TTM-17.5905Y-52.012+34.422
5Y-52.01210Y-45.228-6.784
Compared to industry (Health Information Services)
PeriodCompanyIndustry (mean)+/- 
EOD-26.173-2.290-23.883
MRQ-17.464-2.277-15.187
TTM-17.590-1.942-15.648
YOY-12.627-2.982-9.645
5Y-52.012-6.544-45.468
10Y-45.228-5.143-40.085
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Optomed PLC:

  • The EOD is -27.196. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -18.146. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is 9.538. Based on how much money comes from the company's main activities, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD-27.196MRQ-18.146-9.050
MRQ-18.146TTM9.538-27.684
TTM9.538YOY-16.219+25.757
TTM9.5385Y-20.738+30.276
5Y-20.73810Y-18.033-2.705
Compared to industry (Health Information Services)
PeriodCompanyIndustry (mean)+/- 
EOD-27.196-2.517-24.679
MRQ-18.146-3.165-14.981
TTM9.538-2.002+11.540
YOY-16.219-5.137-11.082
5Y-20.738-6.554-14.184
10Y-18.033-4.093-13.940
3rd party ad coffee SUPPORTERis ad-free.
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Optomed is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy¬†(always compare to Health Information Services industry mean).
  • A PB ratio of 3.96 means the investor is paying €3.96¬†for each €1 in book value.

Let's take a look of the Price to Book Ratio trends of Optomed PLC:

  • The EOD is 5.936. Based on the equity, the company is overpriced. -1
  • The MRQ is 3.961. Based on the equity, the company is fair priced.
  • The TTM is 3.295. Based on the equity, the company is fair priced.
Trends
Current periodCompared to+/- 
EOD5.936MRQ3.961+1.975
MRQ3.961TTM3.295+0.666
TTM3.295YOY3.430-0.136
TTM3.2955Y5.110-1.816
5Y5.11010Y4.444+0.667
Compared to industry (Health Information Services)
PeriodCompanyIndustry (mean)+/- 
EOD5.9361.646+4.290
MRQ3.9611.838+2.123
TTM3.2951.911+1.384
YOY3.4302.566+0.864
5Y5.1104.669+0.441
10Y4.4444.500-0.056
2. Total Gains per Share
3rd party ad coffee SUPPORTERis ad-free.

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Optomed PLC compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share---0.059-0.001-98%0.047-226%0.035-266%0.043-236%
Book Value Per Share--0.9971.031-3%0.988+1%0.942+6%0.844+18%
Current Ratio--2.2462.461-9%2.938-24%3.222-30%2.829-21%
Debt To Asset Ratio--0.3050.320-5%0.364-16%0.395-23%0.408-25%
Debt To Equity Ratio--0.4400.473-7%0.573-23%0.776-43%0.919-52%
Dividend Per Share----0%-0%-0%-0%
Eps---0.057-0.057+0%-0.068+21%-0.054-4%-0.048-14%
Free Cash Flow Per Share---0.054-0.040-27%-0.062+13%-0.051-6%-0.046-16%
Free Cash Flow To Equity Per Share---0.054-0.005-91%0.032-270%0.014-478%0.011-612%
Gross Profit Margin--1.0001.037-4%1.112-10%1.030-3%1.026-3%
Intrinsic Value_10Y_max---2.777--------
Intrinsic Value_10Y_min---2.393--------
Intrinsic Value_1Y_max---0.248--------
Intrinsic Value_1Y_min---0.244--------
Intrinsic Value_3Y_max---0.768--------
Intrinsic Value_3Y_min---0.733--------
Intrinsic Value_5Y_max---1.316--------
Intrinsic Value_5Y_min---1.220--------
Market Cap114116288.000+33%76141780.00064961468.000+17%65612046.500+16%98131333.300-22%85331594.174-11%
Net Profit Margin---0.328-0.300-8%-0.352+7%-0.295-10%-0.266-19%
Operating Margin----0.0650%-0.3050%-0.2200%-0.1980%
Operating Ratio--1.6931.529+11%1.315+29%1.331+27%1.297+31%
Pb Ratio5.936+33%3.9613.295+20%3.430+15%5.110-22%4.444-11%
Pe Ratio-26.173-50%-17.464-17.590+1%-12.627-28%-52.012+198%-45.228+159%
Price Per Share5.920+33%3.9503.370+17%3.404+16%5.091-22%4.427-11%
Price To Free Cash Flow Ratio-27.196-50%-18.1469.538-290%-16.219-11%-20.738+14%-18.033-1%
Price To Total Gains Ratio-100.454-50%-67.026-40.084-40%-16.130-76%-185.363+177%-185.363+177%
Quick Ratio--0.6231.287-52%2.340-73%2.364-74%2.064-70%
Return On Assets---0.039-0.038-4%-0.044+12%-0.037-7%-0.032-19%
Return On Equity---0.057-0.056-1%-0.069+22%-0.068+21%-0.060+7%
Total Gains Per Share---0.059-0.001-98%0.047-226%0.035-266%0.043-236%
Usd Book Value--20847590.00021545943.600-3%20645078.300+1%19696445.180+6%17650967.391+18%
Usd Book Value Change Per Share---0.064-0.001-98%0.051-226%0.038-266%0.047-236%
Usd Book Value Per Share--1.0821.118-3%1.071+1%1.022+6%0.916+18%
Usd Dividend Per Share----0%-0%-0%-0%
Usd Eps---0.061-0.062+0%-0.074+21%-0.059-4%-0.052-14%
Usd Free Cash Flow---1137535.600-833361.400-27%-1285827.300+13%-1074152.420-6%-953093.304-16%
Usd Free Cash Flow Per Share---0.059-0.043-27%-0.067+13%-0.056-6%-0.049-16%
Usd Free Cash Flow To Equity Per Share---0.059-0.006-91%0.035-270%0.016-478%0.012-612%
Usd Market Cap123747702.707+33%82568146.23270444215.899+17%71149703.225+16%106413617.831-22%92533580.722-11%
Usd Price Per Share6.420+33%4.2833.654+17%3.691+16%5.520-22%4.800-11%
Usd Profit---1181996.000-1185520.300+0%-1425714.900+21%-1130053.240-4%-1011037.983-14%
Usd Revenue--3607798.8004052673.900-11%4045896.400-11%3940980.700-8%3959238.696-9%
Usd Total Gains Per Share---0.064-0.001-98%0.051-226%0.038-266%0.047-236%
 EOD+5 -3MRQTTM+9 -24YOY+19 -145Y+9 -2410Y+10 -23

3.2. Fundamental Score

Let's check the fundamental score of Optomed PLC based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-15-26.173
Price to Book Ratio (EOD)Between0-15.936
Net Profit Margin (MRQ)Greater than0-0.328
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than10.623
Current Ratio (MRQ)Greater than12.246
Debt to Asset Ratio (MRQ)Less than10.305
Debt to Equity Ratio (MRQ)Less than10.440
Return on Equity (MRQ)Greater than0.15-0.057
Return on Assets (MRQ)Greater than0.05-0.039
Total3/10 (30.0%)

3.3. Technical Score

Let's check the technical score of Optomed PLC based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5049.672
Ma 20Greater thanMa 505.877
Ma 50Greater thanMa 1006.123
Ma 100Greater thanMa 2005.240
OpenGreater thanClose5.900
Total2/5 (40.0%)



Latest Balance Sheet

Balance Sheet of 2024-03-31. Currency in EUR. All numbers in thousands.

Summary
Total Assets27,678
Total Liabilities8,453
Total Stockholder Equity19,225
 As reported
Total Liabilities 8,453
Total Stockholder Equity+ 19,225
Total Assets = 27,678

Assets

Total Assets27,678
Total Current Assets11,742
Long-term Assets15,936
Total Current Assets
Cash And Cash Equivalents 5,706
Net Receivables 3,259
Inventory 2,777
Total Current Assets  (as reported)11,742
Total Current Assets  (calculated)11,742
+/-0
Long-term Assets
Property Plant Equipment 1,993
Goodwill 4,256
Intangible Assets 9,676
Long-term Assets  (as reported)15,936
Long-term Assets  (calculated)15,925
+/- 11

Liabilities & Shareholders' Equity

Total Current Liabilities5,227
Long-term Liabilities3,226
Total Stockholder Equity19,225
Total Current Liabilities
Short Long Term Debt 1,053
Accounts payable 3,672
Other Current Liabilities 1
Total Current Liabilities  (as reported)5,227
Total Current Liabilities  (calculated)4,726
+/- 501
Long-term Liabilities
Long term Debt 2,067
Capital Lease Obligations Min Short Term Debt1,371
Long-term Liabilities Other -2
Long-term Liabilities  (as reported)3,226
Long-term Liabilities  (calculated)3,436
+/- 210
Total Stockholder Equity
Total Stockholder Equity (as reported)19,225
Total Stockholder Equity (calculated)0
+/- 19,225
Other
Capital Stock80
Common Stock Shares Outstanding 17,776
Net Invested Capital 22,345
Net Working Capital 6,515
Property Plant and Equipment Gross 1,993



Balance Sheet

Currency in EUR. All numbers in thousands.

 Trend2024-03-312023-12-312023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-302019-06-302019-03-312018-12-312018-09-30
> Total Assets 
0
21,146
0
0
21,791
39,611
32,603
31,349
30,890
31,073
30,847
29,646
30,058
28,998
27,096
30,722
27,832
31,300
29,832
28,627
31,479
29,079
27,678
27,67829,07931,47928,62729,83231,30027,83230,72227,09628,99830,05829,64630,84731,07330,89031,34932,60339,61121,7910021,1460
   > Total Current Assets 
0
6,519
0
0
7,801
25,459
18,577
17,562
17,209
16,784
16,530
15,871
16,183
14,371
12,136
15,429
13,283
16,090
14,574
13,235
16,054
13,128
11,742
11,74213,12816,05413,23514,57416,09013,28315,42912,13614,37116,18315,87116,53016,78417,20917,56218,57725,4597,801006,5190
       Cash And Cash Equivalents 
0
2,000
0
0
1,721
18,866
12,145
11,742
10,899
10,608
9,767
7,818
7,827
6,804
4,630
7,079
5,668
8,524
7,179
5,691
9,565
7,118
5,706
5,7067,1189,5655,6917,1798,5245,6687,0794,6306,8047,8277,8189,76710,60810,89911,74212,14518,8661,721002,0000
       Net Receivables 
0
0
0
0
0
5,125
0
0
3,590
2,875
4,410
5,501
5,454
3,824
4,247
5,190
4,782
4,568
4,324
4,590
3,697
2,583
3,259
3,2592,5833,6974,5904,3244,5684,7825,1904,2473,8245,4545,5014,4102,8753,590005,12500000
       Other Current Assets 
0
3,398
0
0
3,745
-1,000
3,659
2,970
-1
3,637
4,410
5,501
5,454
0
-1
-1
0
0
0
0
-1
0
0
00-10000-1-105,4545,5014,4103,637-12,9703,659-1,0003,745003,3980
   > Long-term Assets 
0
14,627
0
0
13,991
14,151
14,026
13,787
13,681
14,289
14,317
13,774
13,875
14,626
14,959
15,293
14,549
15,210
15,258
15,391
15,425
15,951
15,936
15,93615,95115,42515,39115,25815,21014,54915,29314,95914,62613,87513,77414,31714,28913,68113,78714,02614,15113,9910014,6270
       Property Plant Equipment 
0
1,823
0
0
1,302
1,482
1,360
1,250
1,119
1,524
1,490
1,341
1,335
1,638
1,768
1,693
1,852
2,300
2,146
2,000
1,816
2,181
1,993
1,9932,1811,8162,0002,1462,3001,8521,6931,7681,6381,3351,3411,4901,5241,1191,2501,3601,4821,302001,8230
       Goodwill 
0
4,256
0
0
4,256
4,256
4,256
4,256
0
4,256
4,256
4,256
4,256
4,256
4,256
4,256
4,256
4,256
4,256
4,256
4,256
4,256
4,256
4,2564,2564,2564,2564,2564,2564,2564,2564,2564,2564,2564,2564,2564,25604,2564,2564,2564,256004,2560
       Intangible Assets 
0
8,540
0
0
8,425
8,406
8,401
8,272
0
8,497
8,560
8,166
8,272
8,719
8,921
9,330
8,427
8,639
8,840
9,118
9,336
9,490
9,676
9,6769,4909,3369,1188,8408,6398,4279,3308,9218,7198,2728,1668,5608,49708,2728,4018,4068,425008,5400
       Other Assets 
0
0
0
0
-1
1
0
0
5,396
5,680
5,853
1
5,747
1
1
7,129
6,301
15
16
1
17
0
0
0017116156,3017,129115,74715,8535,6805,396001-10000
> Total Liabilities 
0
15,593
0
0
15,688
16,972
11,095
10,673
10,343
11,000
11,033
10,517
11,208
11,946
11,400
11,833
10,217
10,958
10,525
10,423
9,793
8,718
8,453
8,4538,7189,79310,42310,52510,95810,21711,83311,40011,94611,20810,51711,03311,00010,34310,67311,09516,97215,6880015,5930
   > Total Current Liabilities 
0
10,487
0
0
5,397
7,557
3,523
3,197
3,058
3,489
4,180
4,436
4,293
4,912
4,682
5,077
4,666
5,227
5,226
5,510
6,180
5,052
5,227
5,2275,0526,1805,5105,2265,2274,6665,0774,6824,9124,2934,4364,1803,4893,0583,1973,5237,5575,3970010,4870
       Short-term Debt 
0
7,607
0
0
1,972
2,240
619
595
610
753
1,104
1,188
1,236
1,660
1,290
966
1,189
1,399
1,489
1,502
193
0
0
001931,5021,4891,3991,1899661,2901,6601,2361,1881,1047536105956192,2401,972007,6070
       Short Long Term Debt 
0
0
0
0
0
0
0
0
263
328
715
802
854
1,264
898
561
789
987
987
987
1,987
987
1,053
1,0539871,9879879879877895618981,26485480271532826300000000
       Accounts payable 
0
732
0
0
3,425
1,667
2,904
2,602
2,448
595
3,075
3,249
3,058
944
3,391
4,112
3,477
869
3,737
4,008
3,687
782
3,672
3,6727823,6874,0083,7378693,4774,1123,3919443,0583,2493,0755952,4482,6022,9041,6673,425007320
       Other Current Liabilities 
0
-1
0
0
0
3,650
0
0
1,869
1
1
-1
-1
2
1
-1
2,473
2,959
0
3,223
1
-1
1
1-113,22302,9592,473-112-1-1111,869003,650000-10
   > Long-term Liabilities 
0
5,106
0
0
10,291
9,415
7,572
7,476
7,285
7,511
6,853
6,081
6,915
7,034
6,718
6,756
5,551
5,731
5,299
4,913
3,613
3,666
3,226
3,2263,6663,6134,9135,2995,7315,5516,7566,7187,0346,9156,0816,8537,5117,2857,4767,5729,41510,291005,1060
       Long term Debt Total 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
5,147
5,344
4,932
4,564
3,283
0
0
003,2834,5644,9325,3445,1470000000000000000
       Other Liabilities 
0
0
0
0
0
0
0
0
559
539
520
501
483
463
443
424
406
387
0
350
0
0
0
000350038740642444346348350152053955900000000
       Deferred Long Term Liability 
0
0
0
0
0
0
0
0
5,386
5,668
5,842
5,531
5,735
6,339
6,623
7,115
6,287
6,562
0
7,201
0
0
0
0007,20106,5626,2877,1156,6236,3395,7355,5315,8425,6685,38600000000
> Total Stockholder Equity
0
5,553
0
0
6,103
22,639
21,508
20,676
20,547
20,073
19,814
19,129
18,850
17,052
15,696
18,889
17,615
20,342
19,307
18,204
21,686
20,361
19,225
19,22520,36121,68618,20419,30720,34217,61518,88915,69617,05218,85019,12919,81420,07320,54720,67621,50822,6396,103005,5530
   Common Stock
0
19
0
0
19
80
80
80
80
80
80
80
80
80
80
80
80
80
80
80
80
0
0
00808080808080808080808080808080801900190
   Retained Earnings Total Equity00000000000000000000000
   Accumulated Other Comprehensive Income 00000000000000000000000
   Capital Surplus 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
504
504
504
504
504
0
0
005045045045045040000000000000000
   Treasury Stock00000000000000000000000
   Other Stockholders Equity 
0
19,189
0
0
22,207
37,934
37,942
37,973
38,074
38,140
38,300
38,368
38,858
38,942
38,919
43,386
43,413
47,451
47,533
47,712
162
0
0
0016247,71247,53347,45143,41343,38638,91938,94238,85838,36838,30038,14038,07437,97337,94237,93422,2070019,1890



Balance Sheet

Currency in EUR. All numbers in thousands.




Cash Flow

Currency in EUR. All numbers in thousands.




Income Statement

Currency in EUR. All numbers in thousands.


Latest Income Statement (annual, 2023-12-31)

Gross Profit (+$)
totalRevenue15,100
Cost of Revenue-4,856
Gross Profit10,24410,244
 
Operating Income (+$)
Gross Profit10,244
Operating Expense-19,073
Operating Income-3,973-8,829
 
Operating Expense (+$)
Research Development230
Selling General Administrative1,448
Selling And Marketing Expenses0
Operating Expense19,0731,678
 
Net Interest Income (+$)
Interest Income23
Interest Expense-204
Other Finance Cost-50
Net Interest Income-231
 
Pretax Income (+$)
Operating Income-3,973
Net Interest Income-231
Other Non-Operating Income Expenses0
Income Before Tax (EBT)-4,519-3,973
EBIT - interestExpense = -204
-4,441
-4,237
Interest Expense204
Earnings Before Interest and Taxes (EBIT)0-4,315
Earnings Before Interest and Taxes (EBITDA)0
 
After tax Income (+$)
Income Before Tax-4,519
Tax Provision--79
Net Income From Continuing Ops-4,440-4,440
Net Income-4,441
Net Income Applicable To Common Shares0
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses0
Total Other Income/Expenses Net0231
 

Technical Analysis of Optomed
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Optomed. The general trend of Optomed is BULLISH with 42.9% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Optomed's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (42.9%) Bearish trend (-42.9%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of Optomed PLC.

The long score for the Support & Resistance is 0/1.
The longshort score for the Support & Resistance is 0/(-1 +1).

  • Between support/resistance: The price is trading between support and resistance lines.

The bullish price targets are: 6.55 < 7.74.

The bearish price targets are: 5.6 > 5.48 > 4.74.

Tweet this
Optomed PLC Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging¬†trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of Optomed PLC. The current mas is .

The long score for the Moving Averages is 10/14.
The longshort score for the Moving Averages is 6/(-14 +14).

  • MA 20 trending down: The MA 20 is trending down. -1
  • Close > MA 20: The price is above the MA 20. +1
  • MA 20 < MA 50: The MA 20 is lower than the MA 50. -1
  • MA 20 > MA 100: The MA 20 is higher than the MA 100. +1
  • MA 20 > MA 200: The MA 20 is higher than the MA 200. +1
  • MA 50 trending down: The MA 50 is trending down. -1
  • Close < MA 50: The price is below the MA 50. -1
  • MA 50 > MA 100: The MA 50 is higher than the MA 100. +1
  • MA 50 > MA 200: The MA 50 is higher than the MA 200. +1
  • MA 100 trending up: The MA 100 is trending up. +1
  • Close > MA 100: The price is above the MA 100. +1
  • MA 100 > MA 200: The MA 100 is higher than the MA 200. +1
  • MA 200 trending up: The MA 200 is trending up. +1
  • Close > MA 200: The price is above the MA 200. +1

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200
MA 2020
MA 5050-
MA 100100--
MA 200200---

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

Optomed PLC Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a¬†lagging momentum¬†indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Optomed PLC. The current macd is -0.03436188.

The long score for the Moving Average Convergence/Divergence (MACD) is 3/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is 2/(-4 +4).

  • MACD line > signal line: The MACD line is above the signal line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Optomed price going up in the near term. +2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for Optomed. This means that the short-term moving average is lower than the long-term moving average, signaling negative momentum and suggesting a higher likelihood of the Optomed price continuing to fall in the near future. It indicates that sellers are gaining control, and there is negativism in the market, leading to potential price decreases. -1
  • Trending up: The MACD line is trending up. This indicates that the short-term moving average is rising faster than the long-term moving average, suggesting positive momentum in the market. This signals that buyers are becoming more active and confident, leading to potential price increases as traders anticipate further gains and are willing to buy at higher prices. +1
Optomed PLC Daily Moving Average Convergence/Divergence (MACD) ChartOptomed PLC Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of Optomed PLC. The current adx is 12.35.

The long score for the Directional Movement Index (DMI) is 1/7.
The longshort score for the Directional Movement Index (DMI) is 1/(-7 +7).

  • PLUS_ID > MINUS_DI: The +DI line is above the -DI line. This indicates a bullish signal in the market, as the positive directional movement is currently stronger than the negative directional movement, showing that buyers have the upper hand. Market psychology suggests that traders are optimistic, expecting further price increases, and are more willing to buy Optomed shares, leading to potential upward momentum in its price. +1
  • PLUS_ID > MINUS_DI && ADX < 25 && ADX trending down: The ADX is below 25 and indicates a weak or no trend. Also, the ADX is declining so there is no trend indication.
Optomed PLC Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • Shows¬†the current trend.
  • Shows¬†potential entry signals.
  • Shows¬†¬†potential exit signals.
  • Can be used to place¬†trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of Optomed PLC. The current sar is 5.71.

The long score for the Parabolic SAR is 1/1.
The longshort score for the Parabolic SAR is 1/(-1 +1).

  • Close > SAR: The price is above the SAR. It's generally considered a bullish signal. +1
Optomed PLC Daily Parabolic SAR Chart
3rd party ad coffee SUPPORTERis ad-free.

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentum¬†indicator, meaning the signals are instant.
  • Ranges¬†between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of Optomed PLC. The current rsi is 49.67. The current phase is Correction in bull market.

The long score for the Relative Strength Index (RSI) is 1/13.
The longshort score for the Relative Strength Index (RSI) is -2/(-13 +13).

  • Correction in bull market: Moderate price decline, potential pause in the uptrend. Reassess the market, wait for signs of stabilization.
  • Trending up: The RSI is trending up. +1
Optomed PLC Daily Relative Strength Index (RSI) ChartOptomed PLC Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

  • Leading¬†momentum¬†indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • Ranges¬†between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of Optomed PLC. The current phase is Continuation in bull market.

The long score for the Stochastic Oscillator is 4/6.
The longshort score for the Stochastic Oscillator is 4/(-6 +6).

  • STOCH > 50: The STOCH %K is above 50. There are more buyers than sellers. +1
  • STOCH %K line > STOCH %D line: The STOCH %K line is above the STOCH %D line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Optomed price going up in the near term. +2
  • Trending up: The STOCH %K is trending up. +1
Optomed PLC Daily Stochastic Oscillator ChartOptomed PLC Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero,¬†the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of Optomed PLC. The current cci is 33.40.

Optomed PLC Daily Commodity Channel Index (CCI) ChartOptomed PLC Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Optomed PLC. The current cmo is 1.25579595.

The long score for the Chande Momentum Oscillator (CMO) is 1/1.
The longshort score for the Chande Momentum Oscillator (CMO) is 1/(-1 +1).

  • CMO > 0: The CMO is above 0, the momentum of the price is positive, indicating a potential uptrend in the price. +1
Optomed PLC Daily Chande Momentum Oscillator (CMO) ChartOptomed PLC Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

 Shows the current price relative to the highest high over the last 14 days.
 

  • Lagging momentum indicator
  • Ranging between 0 and¬†-100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of Optomed PLC. The current willr is -27.86885246.

The long score for the Williams %R is 0/1.
The longshort score for the Williams %R is 0/(-1 +1).

  • WILLR between -80 and -20: The Williams %R is between -80 and -20. This indicates that Optomed is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
Optomed PLC Daily Williams %R ChartOptomed PLC Daily Williams %R Chart
3rd party ad coffee SUPPORTERis ad-free.

4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversold¬†

Score

Let's take a look at the Bollinger Bands of Optomed PLC.

Optomed PLC Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of Optomed PLC. The current atr is 0.24111863.

Optomed PLC Daily Average True Range (ATR) ChartOptomed PLC Daily Average True Range (ATR) Chart
3rd party ad coffee SUPPORTERis ad-free.

5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of Optomed PLC. The current obv is 1,313,036.

Optomed PLC Daily On-Balance Volume (OBV) ChartOptomed PLC Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of Optomed PLC. The current mfi is 67.02.

The long score for the Money Flow Index (MFI) is 1/2.
The longshort score for the Money Flow Index (MFI) is 1/(-2 +2).

  • MFI > 50: +1
Optomed PLC Daily Money Flow Index (MFI) ChartOptomed PLC Daily Money Flow Index (MFI) Chart
3rd party ad coffee SUPPORTERis ad-free.

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Optomed PLC.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal
2024-03-01DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-04MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2024-03-05WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-06STOCH LONG EXITThe %K line crosses below the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-11STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-03-13RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-03-20STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-21STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-22SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-25MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-03-26WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-04-02STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-04-03WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-04-04MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-04-05STOCH LONG EXITThe %K line crosses below the %D line.
2024-04-10STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-04-11BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-04-12STOCH LONG EXITThe %K line crosses below the %D line.
2024-04-16MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-04-17DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-04-18WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-04-19STOCH SHORT EXITThe %K line crosses above the %D line.
2024-04-24STOCH LONG EXITThe %K line crosses below the %D line.
2024-04-25WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-04-26STOCH SHORT EXITThe %K line crosses above the %D line.
2024-04-29DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-04-30MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-05-02RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-05-03STOCH SHORT EXITThe %K line crosses above the %D line.
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-05-08BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-05-13WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-05-15RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-05-20STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-05-22ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-05-23RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-05-24WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-05-29MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-05-30STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-05-31MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-06-03STOCH LONG EXITThe %K line crosses below the %D line.
2024-06-05MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-06-10CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-06-12STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-06-13STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-06-18STOCH SHORT EXITThe %K line crosses above the %D line.
2024-06-19STOCH LONG EXITThe %K line crosses below the %D line.
2024-06-20STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-06-25STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-06-27STOCH SHORT EXITThe %K line crosses above the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-06-28CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-07-01STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-07-02CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-07-03WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-07-05STOCH SHORT EXITThe %K line crosses above the %D line.
2024-07-08STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-07-09DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2024-07-10STOCH SHORT EXITThe %K line crosses above the %D line.
2024-07-11SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2024-07-12DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-07-15CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-07-16STOCH LONG EXITThe %K line crosses below the %D line.
2024-07-17STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-07-18MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-07-19MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-07-22MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-07-23CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-07-24CMO LONG ENTRY SHORT CLOSEZero line crossover to upside

6.3. Candlestick Patterns

Optomed PLC Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Optomed PLC based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5049.672
Ma 20Greater thanMa 505.877
Ma 50Greater thanMa 1006.123
Ma 100Greater thanMa 2005.240
OpenGreater thanClose5.900
Total2/5 (40.0%)
Penke

Good job! You gained 25 XP and 0   0   10 . What's next:

  • Share my analysis of Optomed with someone you think should read this too:
  • Are you bullish or bearish on Optomed? Let me know what you think in the comments.
  • Do you want an email if I find something interesting about Optomed? Add an email alert using the form below.
  • Join the community if you want to keep your earnings and track your progress: Join the community
  • Is this analysis useful to you? Support me via But Me a Coffee. I'll analyze the stock market faster for you!

Get notifications about Optomed PLC

I send you an email if I find something interesting about Optomed PLC.


Comments

How you think about this?

Leave a comment

Stay informed about Optomed PLC.

Receive notifications about Optomed PLC in your mailbox!

3rd party ad coffee SUPPORTERis ad-free.