The key reasons why Otonomy Inc. (OTIC) is -95.76% away from 52-week high?


Witnessing the stock’s movement on the chart, on November 23, 2022, Otonomy Inc. (NASDAQ: OTIC) set off with pace as it heaved 14.14% to $0.11. During the day, the stock rose to $0.1371 and sunk to $0.0975 before settling in for the price of $0.10 at the close. Taking a more long-term approach, OTIC posted a 52-week range of $0.07-$2.59.

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The Healthcare Sector giants’ yearly sales growth during the last 5-year period was -28.80%. Meanwhile, its Annual Earning per share during the time was 26.20%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 26.30%. This publicly-traded company’s shares outstanding now amounts to $68.13 million, simultaneously with a float of $55.99 million. The organization now has a market capitalization sitting at $6.89 million. At the time of writing, stock’s 50-day Moving Average stood at $0.1751, while the 200-day Moving Average is $1.3543.

Let’s gauge the efficiency of the firm, which has a total of 51 employees. For the Profitability, stocks gross margin was -880.80, operating margin was -55620.00 and Pretax Margin of -56864.80.

Otonomy Inc. (OTIC) Ownership Facts and Figures

Nothing is more important than checking the behaviour of major investors towards the stock of the Biotechnology industry. Otonomy Inc.’s current insider ownership accounts for 2.04%, in contrast to 51.00% institutional ownership. According to the most recent insider trade that took place on Mar 28, this organization’s Ch. Financial & Business Offcr sold 5,624 shares at the rate of 2.41, making the entire transaction reach 13,571 in total value, affecting insider ownership by 223,787. Preceding that transaction, on Mar 28, Company’s Chief Scientific Officer sold 2,559 for 2.41, making the whole transaction’s value amount to 6,175. This particular insider is now the holder of 177,017 in total.

Otonomy Inc. (OTIC) Earnings and Revenue Records

As on 6/29/2022, Multinational firm has announced its last quarter scores, in which it reported -$0.19 earnings per share (EPS) for the period topping the consensus outlook (set at -$0.2) by $0.01. This company achieved a net margin of -40944.80 while generating a return on equity of -84.48. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.16 per share during the current fiscal year.

Otonomy Inc.’s EPS increase for this current 12-month fiscal period is 26.30% and is forecasted to reach -0.62 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 20.40% through the next 5 years, which can be compared against the 26.20% growth it accomplished over the previous five years trading on the market.

Otonomy Inc. (NASDAQ: OTIC) Trading Performance Indicators

Let’s observe the current performance indicators for Otonomy Inc. (OTIC). The Stock has managed to achieve an average true range (ATR) of 0.02.

In the same vein, OTIC’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -0.77, a figure that is expected to reach -0.16 in the next quarter, and analysts are predicting that it will be -0.62 at the market close of one year from today.

Technical Analysis of Otonomy Inc. (OTIC)

Going through the that latest performance of [Otonomy Inc., OTIC]. Its last 5-days volume of 9.55 million indicated improvement to the volume of 1.35 million it revealed a year ago. During the previous 9 days, stock’s Stochastic %D was recorded 31.14% While, its Average True Range was 0.0233.


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