Opera (OPRA) Sees Strong Trading Volume

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Shares of Opera Ltd (NASDAQ:OPRA) saw unusually-high trading volume on Thursday . Approximately 1,288,470 shares were traded during trading, an increase of 323% from the previous session’s volume of 304,957 shares.The stock last traded at $7.42 and had previously closed at $6.47.

Opera (NASDAQ:OPRA) last released its quarterly earnings results on Thursday, November 8th. The company reported $0.11 earnings per share (EPS) for the quarter. The firm had revenue of $44.67 million for the quarter.

A number of hedge funds have recently added to or reduced their stakes in OPRA. Sloane Robinson LLP bought a new stake in Opera during the third quarter valued at about $1,539,000. Sumitomo Mitsui Trust Holdings Inc. bought a new stake in Opera during the third quarter valued at about $14,202,000. ARK Investment Management LLC bought a new stake in Opera during the third quarter valued at about $5,681,000. BlackRock Inc. bought a new stake in Opera during the third quarter valued at about $4,785,000. Finally, FIL Ltd bought a new stake in Opera during the third quarter valued at about $4,066,000.

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Opera Company Profile (NASDAQ:OPRA)

Opera Limited, through with its subsidiaries, provides mobile and PC browsers worldwide. It offers mobile browser products under the Opera Mini, Opera for Android, and Opera Touch names; PC browser under the Opera for Computers name; and Opera News, a personalized news aggregation app. Opera Limited has a strategic partnership with Ledger Capital.

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