OPAL Fuels Inc. (NASDAQ:OPAL - Free Report) - Scotiabank lifted their FY2025 earnings estimates for OPAL Fuels in a research report issued on Wednesday, January 8th. Scotiabank analyst P. Cheng now anticipates that the company will post earnings of $0.73 per share for the year, up from their previous forecast of $0.71. The consensus estimate for OPAL Fuels' current full-year earnings is $0.75 per share.
OPAL Fuels Stock Performance
Shares of OPAL stock traded down $0.07 during trading hours on Friday, reaching $3.28. The company had a trading volume of 55,201 shares, compared to its average volume of 80,317. The company has a market capitalization of $566.88 million, a P/E ratio of 18.22 and a beta of 0.54. The stock's fifty day simple moving average is $3.55 and its 200 day simple moving average is $3.70. OPAL Fuels has a twelve month low of $2.96 and a twelve month high of $5.18.
Institutional Trading of OPAL Fuels
Hedge funds and other institutional investors have recently modified their holdings of the business. Geode Capital Management LLC boosted its holdings in shares of OPAL Fuels by 19.1% in the 3rd quarter. Geode Capital Management LLC now owns 257,549 shares of the company's stock valued at $940,000 after buying an additional 41,250 shares during the period. Yaupon Capital Management LP lifted its position in shares of OPAL Fuels by 17.0% during the 3rd quarter. Yaupon Capital Management LP now owns 700,054 shares of the company's stock valued at $2,555,000 after acquiring an additional 101,955 shares during the last quarter. Janus Henderson Group PLC boosted its position in shares of OPAL Fuels by 83.5% in the third quarter. Janus Henderson Group PLC now owns 21,727 shares of the company's stock worth $79,000 after buying an additional 9,885 shares during the period. GSA Capital Partners LLP grew its position in OPAL Fuels by 69.3% during the third quarter. GSA Capital Partners LLP now owns 96,056 shares of the company's stock valued at $351,000 after purchasing an additional 39,325 shares in the last quarter. Finally, Inspire Investing LLC purchased a new stake in shares of OPAL Fuels during the third quarter worth $430,000. 12.16% of the stock is owned by hedge funds and other institutional investors.
OPAL Fuels Company Profile
(
Get Free Report)
OPAL Fuels Inc, together with its subsidiaries, engages in the production and distribution of renewable natural gas for use as a vehicle fuel for heavy and medium-duty trucking fleets. It also designs, develops, constructs, operates, and services fueling stations for trucking fleets that use natural gas to displace diesel as transportation fuel.
Further Reading
Before you consider OPAL Fuels, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and OPAL Fuels wasn't on the list.
While OPAL Fuels currently has a "Moderate Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Growth stocks offer a lot of bang for your buck, and we've got the next upcoming superstars to strongly consider for your portfolio.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
