Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Optiva Inc ( (TSE:OPT) ) just unveiled an announcement.
Optiva Inc. has announced the mailing of meeting materials for a special meeting of shareholders and noteholders to approve a going private transaction with Qvantel Oy. The proposed plan involves Qvantel acquiring all outstanding shares of Optiva and restructuring the company’s financial obligations, which could significantly impact Optiva’s market positioning and stakeholder interests. The arrangement requires approval from shareholders, noteholders, and the Ontario Superior Court of Justice.
The most recent analyst rating on (TSE:OPT) stock is a Sell with a C$0.50 price target. To see the full list of analyst forecasts on Optiva Inc stock, see the TSE:OPT Stock Forecast page.
Spark’s Take on TSE:OPT Stock
According to Spark, TipRanks’ AI Analyst, TSE:OPT is a Underperform.
Optiva Inc’s overall stock score is heavily impacted by its poor financial performance and valuation. The company’s declining revenue, persistent losses, and negative equity pose significant risks. Technical analysis indicates bearish momentum, further contributing to a low score. The absence of earnings call data and corporate events does not alter the negative outlook.
To see Spark’s full report on TSE:OPT stock, click here.
More about Optiva Inc
Optiva Inc. operates in the telecommunications industry, providing software solutions for monetization, billing, and customer care to communication service providers globally.
Average Trading Volume: 37,479
Technical Sentiment Signal: Sell
Current Market Cap: C$1.43M
Find detailed analytics on OPT stock on TipRanks’ Stock Analysis page.