OptimizeRx Corporation

OptimizeRx Corporationverified

OPRX

Price:

$7.86

Market Cap:

$144.01M

OptimizeRx Corporation, a digital health technology company, provides various solutions to life sciences organizations, healthcare providers, and patients. The company's products and applications include financial messaging, a virtual patient support center that allows doctors and staff to access sample vouchers, co-pay coupons, and other patient support through their EMR and/or e-prescribe systems; and brand awareness and therapeutic support messaging services, such as brand awareness messages, reminder ads, and therapeutic support and unbranded messages. It also offers brand support services, which focuses on educating and working with pharmaceutical manufacturers on identifying, formulati...[Read more]

Industry

Medical - Healthcare Information Services

IPO Date

2007-11-28

Stock Exchange

NASDAQ

Ticker

OPRX

The Current Ratio as of September 2024 (TTM) for OptimizeRx Corporation (OPRX) is 3.07

According to OptimizeRx Corporation’s latest financial reports and current stock price. The company's current Current Ratio is 3.07. This represents a change of -39.56% compared to the average of 5.09 of the last 4 quarters.

OptimizeRx Corporation (OPRX) Historical Current Ratio (quarterly & annually)

How has OPRX Current Ratio performed in the past?

The mean historical Current Ratio of OptimizeRx Corporation over the last ten years is 4.94. The current 3.07 Current Ratio has changed 6.12% with respect to the historical average. Over the past ten years (40 quarters), OPRX's Current Ratio was at its highest in in the March 2021 quarter at 18.51. The Current Ratio was at its lowest in in the September 2017 quarter at 2.12.

Quarterly (TTM)
Annual

Average

4.94

Median

3.29

Minimum

2.31

Maximum

12.29

OptimizeRx Corporation (OPRX) Current Ratio by Quarter and Year

Discovering the peaks and valleys of OptimizeRx Corporation Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 274.99%

Maximum Annual Current Ratio = 12.29

Minimum Annual Increase = -74.12%

Minimum Annual Current Ratio = 2.31

Quarterly (TTM)
Annual
YearCurrent RatioChange
20233.04-74.12%
202211.74-4.44%
202112.29274.99%
20203.28-26.27%
20194.4417.79%
20183.7751.75%
20172.49-10.42%
20162.78-15.89%
20153.3043.14%
20142.3168.26%

OptimizeRx Corporation (OPRX) Average Current Ratio

How has OPRX Current Ratio performed in the past?

The current Current Ratio of OptimizeRx Corporation (OPRX) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

9.02

5-year avg

6.96

10-year avg

4.94

OptimizeRx Corporation (OPRX) Current Ratio vs. Peers

How is OPRX’s Current Ratio compared to its peers?

OptimizeRx Corporation’s Current Ratio is less than Forian Inc. (6.93), greater than Streamline Health Solutions, Inc. (0.61), greater than Aclarion, Inc. (1.23), greater than HealthStream, Inc. (1.24), greater than Veradigm Inc. (0), greater than National Research Corporation (0.37), greater than Computer Programs and Systems, Inc. (1.44), greater than Definitive Healthcare Corp. (2.31), greater than NextGen Healthcare, Inc. (2.52), less than Doximity, Inc. (6.69), greater than Certara, Inc. (2.61), less than HealthEquity, Inc. (4.10), greater than R1 RCM Inc. (1.84), greater than Accolade, Inc. (2.75), greater than Privia Health Group, Inc. (1.81), greater than Agiliti, Inc. (1.68),

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