How to buy Opthea shares | A$2.38

Opthea Limited is a biotechnology business based in Australia. Opthea shares (OPT) are listed on the Australian Securities Exchange (ASX) and all prices are listed in Australian Dollars. Its last market close was $2.38 – a decrease of 14.39% over the previous week. Opthea has a trailing 12-month revenue of around $149,575.

How to buy shares in Opthea

1. Compare share trading platforms. To buy shares listed in Australia, you'll need to sign up to a broker with access to the Australian Securities Exchange (ASX). Our table below can help you choose.
2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and tax file number. Fund your account with a bank transfer, PayPal or debit card.
3. Search for Opthea . Find the share by name or ticker symbol: OPT. Research its history to confirm it's a solid investment against your financial goals.
4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Opthea reaches your desired price. To spread out your risk, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
5. Decide on how many to buy. At today's price of $2.38, weigh your budget against a diversified portfolio that can minimise risk through the market's ups and downs.
6. Check in on your investment. Congratulations, you own a part of Opthea . Optimise your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

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For our Top Picks, we compared our Finder partners using a proprietary algorithm in August 2020. Keep in mind that our top picks may not always be the best for you, and you're encouraged to compare for yourself to find one that works for you. Read our full methodology here to find out more.

How has coronavirus impacted Opthea 's share price?

Since the stock market crash in March caused by coronavirus, Opthea 's share price has had significant negative movement.

Its last market close was $2.38, which is 29.17% down on its pre-crash value of $3.36 and 104.29% up on the lowest point reached during the March crash when the shares fell as low as $1.165.

If you had bought $1,000 worth of Opthea shares at the start of February 2020, those shares would have been worth $409.36 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth $695.91.

Opthea share price

Use our graph to track the performance of OPT stocks over time.

Opthea shares at a glance

• Key figures

Information last updated 2020-10-20.

Latest market close	AUDA$2.38
52-week range	AUDA$1.165 - AUDA$3.795
50-day moving average	AUDA$2.8497
200-day moving average	AUDA$2.6342
Target price	AUDA$1.29
PE ratio	N/A
Dividend yield	N/A (0%)
Earnings per share (TTM)	AUDA$-0.09

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Important: Share trading carries risk of capital loss.

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The value of your investments can fall as well as rise and you may get back less than you invested. Past performance is no indication of future results.

Is it a good time to buy Opthea stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

Technical Analysis of Opthea Limited by TradingView

Opthea price performance over time

Historical closes compared with the close of A$2.38 on 2020-10-22

1 week (2020-10-16)	-14.39%
1 month (2020-09-23)	-18.21%
3 months (2020-07-23)	-10.86%
6 months (2020-04-23)	6.25%

1 year (2019-10-23)	-35.33%
2 years (2018-10-23)	296.67%
3 years (2017-10-23)	221.62%
5 years (2015-10-23)	815.38%

Opthea financials

Revenue TTM	$149,575
Gross profit TTM	$-393,700
Return on assets TTM	-28.96%
Return on equity TTM	-34.46%
Profit margin	0%
Book value	0.241
Market capitalisation	$651.4 million

TTM: trailing 12 months

Opthea share dividends

We're not expecting Opthea to pay a dividend over the next 12 months.

Have Opthea 's shares ever split?

Opthea 's shares were split on 14 August 1997.

Opthea share price volatility

Over the last 12 months, Opthea 's shares have ranged in value from as little as $1.165 up to $3.795. A popular way to gauge a stock's volatility is its "beta".

Beta is a measure of a share's volatility in relation to the market. The market (AU average) beta is 1, while Opthea 's is 0.2562. This would suggest that Opthea 's shares are less volatile than average (for this exchange).

Opthea overview

Opthea Limited, a biotechnology company, develops and commercializes therapies primarily for eye disease in Australia. The company's development activities are based on the intellectual property portfolio covering Vascular Endothelial Growth Factors (VEGF) VEGF-C, VEGF-D, and VEGF Receptor-3 for the treatment of diseases associated with blood and lymphatic vessel growth, as well as vascular leakage. Its lead molecule is OPT-302, a soluble form of VEGFR-3 for the treatment of wet age-related macular degeneration and diabetic macular edema. The company was formerly known as Circadian Technologies Limited and changed its name to Opthea Limited in December 2015. Opthea Limited was incorporated in 1984 and is based in South Yarra, Australia.

Frequently asked questions

• What percentage of Opthea is owned by insiders or institutions?

  Currently 28.288% of Opthea shares are held by insiders and 23.791% by institutions.

• When does the fiscal year end for Opthea ?

  Opthea 's fiscal year ends in June.

• Where is Opthea based?

  Opthea 's address is: 650 Chapel Street, South Yarra, VIC, Australia, 3141

• What is Opthea 's ISIN number?

  Opthea 's international securities identification number is: AU000000OPT2