OSPN
OneSpan Inc. Technology - Software - Infrastructure Investor Relations →
OneSpan Inc. (OSPN) closed at $11.25 as of 2026-02-02, trading 14.7% below its 200-week moving average of $13.19. This places OSPN in the extreme value zone. The stock is currently moving closer to the line, down from -10.8% last week. The 14-week RSI sits at 50, indicating neutral momentum.
Over the past 1398 weeks of data, OSPN has crossed below its 200-week moving average 27 times. On average, these episodes lasted 29 weeks. Historically, investors who bought OSPN at the start of these episodes saw an average one-year return of +5.8%.
With a market cap of $431 million, OSPN is a small-cap stock. The company generates a free cash flow yield of 10.8%, which is notably high. Return on equity stands at 26.9%, indicating strong profitability. The stock trades at 1.8x book value.
Management has been repurchasing shares, with a 4.9% reduction over three years. OSPN passes our Buffett quality screen: high return on equity, low debt, and positive free cash flow. This stock also meets the Yartseva multibagger criteria as a small-cap with strong free cash flow yield and reasonable book value.
Over the past 26.9 years, a hypothetical investment of $100 in OSPN would have grown to $290, compared to $830 for the S&P 500. OSPN has returned 4.0% annualized vs 8.2% for the index, underperforming the broader market over this period.
In the past 12 months, corporate insiders have made 4 open-market purchases totaling $676,559. Notably, these purchases occurred while OSPN is trading below its 200-week moving average — insiders are buying when the market is most pessimistic.
Free cash flow has been declining. A deteriorating cash flow trend warrants extra scrutiny — the stock may be cheap for a reason.
Growth of $100: OSPN vs S&P 500
Monthly data normalized to $100 at start. Vertical dashed lines mark 200-week MA touches.
What Happens After OSPN Crosses Below the Line?
Across 27 historical episodes, buying OSPN when it crossed below its 200-week moving average produced an average return of +7.2% after 12 months (median -4.0%), compared to +9.8% for the S&P 500 over the same periods. 42% of those episodes were profitable after one year. After 24 months, the average return was +26.5% vs +24.6% for the index.
Each line shows $100 invested at the moment OSPN crossed below its 200-week MA. Bold blue = stock average. Gray dashed = S&P 500 average over same periods.
Historical Touches
OSPN has crossed below its 200-week MA 27 times with an average 1-year return of +5.8% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| Apr 1999 | Dec 1999 | 34 | 31.6% | +253.1% | +190.4% |
| Nov 2000 | Oct 2004 | 201 | 92.5% | -79.9% | +122.6% |
| Feb 2008 | Mar 2008 | 5 | 11.3% | -53.9% | +1.9% |
| Apr 2008 | Aug 2008 | 16 | 23.7% | -30.1% | +19.6% |
| Sep 2008 | Mar 2011 | 134 | 70.7% | -35.9% | -9.8% |
| May 2011 | Jun 2011 | 6 | 8.8% | -32.0% | +5.2% |
| Jul 2011 | Jan 2012 | 27 | 46.2% | -2.7% | +20.0% |
| Apr 2012 | Jun 2012 | 9 | 16.7% | +8.2% | +49.3% |
| Jul 2012 | Jul 2012 | 1 | 5.4% | +15.4% | +52.8% |
| Oct 2012 | Dec 2012 | 9 | 12.7% | +8.2% | +59.5% |
| Dec 2012 | Feb 2013 | 6 | 5.8% | -4.0% | +45.4% |
| Aug 2013 | Apr 2014 | 37 | 17.9% | +77.4% | +42.9% |
| Feb 2016 | Feb 2016 | 2 | 2.4% | +7.6% | -15.0% |
| Oct 2016 | May 2018 | 81 | 33.5% | -13.6% | -20.3% |
| Jul 2018 | Aug 2018 | 2 | 2.1% | -19.0% | -32.9% |
| Oct 2018 | Feb 2019 | 19 | 27.3% | -13.7% | -31.4% |
| May 2019 | Oct 2019 | 24 | 15.1% | +29.9% | -22.6% |
| Mar 2020 | Mar 2020 | 3 | 17.5% | +65.4% | -23.8% |
| Apr 2020 | Apr 2020 | 2 | 0.2% | +66.3% | -25.5% |
| Aug 2021 | Aug 2021 | 3 | 3.6% | -41.7% | -37.8% |
| Sep 2021 | Sep 2021 | 1 | 0.2% | -53.1% | -38.4% |
| Nov 2021 | Aug 2024 | 144 | 56.1% | -25.0% | -37.0% |
| Sep 2024 | Sep 2024 | 2 | 3.8% | +3.8% | -22.5% |
| Sep 2024 | Oct 2024 | 4 | 5.3% | +8.8% | -21.7% |
| Mar 2025 | Apr 2025 | 2 | 4.3% | N/A | -16.5% |
| Aug 2025 | Aug 2025 | 1 | 6.3% | N/A | -11.2% |
| Oct 2025 | Ongoing | 15+ | 15.4% | Ongoing | -0.4% |
| Average | 29 | — | +5.8% | — |
Not financial advice. This is an educational tool. Past performance does not guarantee future results. Do your own research before making investment decisions.
Data as of Friday close, 2026-02-02