Owens & Minor, Inc. (OMI) is -13.06% away from 50-day simple Moving Average despite all headwinds

Owens & Minor, Inc. (NYSE: OMI) on Tuesday, plunged -3.38% from the previous trading day, before settling in for the closing price of $13.31. Within the past 52 weeks, OMI’s price has moved between $12.36 and $28.35.

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It was noted that within the last five years, the titan of the Healthcare sector saw sales topped by 2.16%. The company achieved an average annual earnings per share of 17.31%. With a float of $68.43 million, this company’s outstanding shares have now reached $76.55 million.

The extent of productivity of a business whose workforce counts for 22200 workers is very important to gauge. In terms of profitability, gross margin is 19.47%, operating margin of 1.77%, and the pretax margin is -0.32%.

Owens & Minor, Inc. (OMI) Insider and Institutional Ownership

Observing investor behavior towards Medical Distribution industry stocks is more important than anything else. The insider ownership of Owens & Minor, Inc. is 11.24%, while institutional ownership is 93.45%. The most recent insider transaction that took place on Sep 20 ’24, was worth 53,921. Before that another transaction happened on Aug 22 ’24, when Company’s SVP, Corp Treasurer, Intm CFO sold 7,500 for $15.83, making the entire transaction worth $118,725. This insider now owns 93,171 shares in total.

Owens & Minor, Inc. (OMI) Latest Financial update

According to the Wall Street analysts, stocks earnings will be around 17.31% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 19.83% during the next five years compared to 40.46% growth over the previous five years of trading.

Owens & Minor, Inc. (NYSE: OMI) Trading Performance Indicators

Owens & Minor, Inc. (OMI) is currently performing well based on its current performance indicators. A quick ratio of 0.51 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.09. Likewise, its price to free cash flow for the trailing twelve months is 6.89.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.56, a number that is poised to hit 0.41 in the next quarter and is forecasted to reach 1.93 in one year’s time.

Technical Analysis of Owens & Minor, Inc. (OMI)

The latest stats from [Owens & Minor, Inc., OMI] show that its last 5-days average volume of 0.73 million was inferior to 0.82 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 17.78%. Additionally, its Average True Range was 0.58.

During the past 100 days, Owens & Minor, Inc.’s (OMI) raw stochastic average was set at 9.28%, which indicates a significant increase from 7.69% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 29.04% in the past 14 days, which was lower than the 49.93% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $14.79, while its 200-day Moving Average is $18.65. Now, the first resistance to watch is $13.20. This is followed by the second major resistance level at $13.53. The third major resistance level sits at $13.77. If the price goes on to break the first support level at $12.63, it is likely to go to the next support level at $12.39. The third support level lies at $12.06 if the price breaches the second support level.

Owens & Minor, Inc. (NYSE: OMI) Key Stats

Market capitalization of the company is 991.51 million based on 77,096K outstanding shares. Right now, sales total 10,334 M and income totals -41,300 K. The company made 2,671 M in profit during its latest quarter, and -31,910 K in sales during its previous quarter.