As on Thursday, Outset Medical Inc (NASDAQ: OM) got off with the flyer as it spiked 25.18% to $0.78, before settling in for the price of $0.62 at the close. Taking a more long-term approach, OM posted a 52-week range of $0.44-$6.37.
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The company of the Healthcare sector’s yearbook sales growth during the past 5- year span was recorded 202.67%. Meanwhile, its Annual Earning per share during the time was -15.08%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 28.15%. This publicly-traded company’s shares outstanding now amounts to $50.32 million, simultaneously with a float of $47.80 million. The organization now has a market capitalization sitting at $40.43 million. At the time of writing, stock’s 50-day Moving Average stood at $0.5724, while the 200-day Moving Average is $2.4099.
Outset Medical Inc (OM) Ownership Facts and Figures
Another important factor to analyze is how key investors are playing towards the stock of the Medical Devices industry. Outset Medical Inc’s current insider ownership accounts for 8.24%, in contrast to 98.36% institutional ownership. According to the most recent insider trade that took place on Aug 15 ’24, this organization’s Chair and CEO sold 5,308 shares at the rate of 0.84, making the entire transaction reach 4,459 in total value, affecting insider ownership by 910,496. Preceding that transaction, on Aug 15 ’24, Company’s SVP Operations and R&D sold 1,293 for 0.84, making the whole transaction’s value amount to 1,086. This particular insider is now the holder of 239,397 in total.
Outset Medical Inc (OM) Earnings and Revenue Records
Outset Medical Inc’s EPS increase for this current 12-month fiscal period is 28.15% and is forecasted to reach -1.42 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 23.80% through the next 5 years, which can be compared against the -15.08% growth it accomplished over the previous five years trading on the market.
Outset Medical Inc (NASDAQ: OM) Trading Performance Indicators
Let’s observe the current performance indicators for Outset Medical Inc (OM). It’s Quick Ratio in the last reported quarter now stands at 5.04. The Stock has managed to achieve an average true range (ATR) of 0.07. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.35.
In the same vein, OM’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -2.77, a figure that is expected to reach -0.41 in the next quarter, and analysts are predicting that it will be -1.42 at the market close of one year from today.
Technical Analysis of Outset Medical Inc (OM)
Through scrutinizing the latest numbers posted by the [Outset Medical Inc, OM], it can be observed that its last 5-days Average volume of 1.96 million was better the volume of 1.36 million, it posted the year before. During the previous 9 days, stock’s Stochastic %D was recorded 63.83% While, its Average True Range was 0.0774.
Raw Stochastic average of Outset Medical Inc (OM) in the period of the previous 100 days is set at 7.74%, which indicates a major fall in contrast to 62.71% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 102.75% that was lower than 212.28% volatility it exhibited in the past 100-days period.
