Outset Medical Inc (OM) distance from 200-day Simple Moving Average is $2.3006: Right on the Precipice

Outset Medical Inc (NASDAQ: OM) flaunted slowness of -3.32% at $0.73, before settling in for the price of $0.75 at the close. Taking a more long-term approach, OM posted a 52-week range of $0.44-$6.37.

Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.

Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!

Get the FREE Report with all the details here.


Sponsored

The Healthcare Sector giants’ yearly sales growth during the last 5-year period was 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 $48.21 million. The organization now has a market capitalization sitting at $38.13 million. At the time of writing, stock’s 50-day Moving Average stood at $0.6238, while the 200-day Moving Average is $2.3006.

Outset Medical Inc (OM) Ownership Facts and Figures

Sometimes it is also beneficial to study the sentiment of large-scale investors towards the stock of the Outset Medical Inc industry. Outset Medical Inc’s current insider ownership accounts for 8.24%, in contrast to 51.53% institutional ownership. According to the most recent insider trade that took place on Nov 15 ’24, this organization’s Chair and CEO sold 5,645 shares at the rate of 0.80, making the entire transaction reach 4,516 in total value, affecting insider ownership by 904,851. Preceding that transaction, on Nov 15 ’24, Company’s SVP Operations and R&D sold 1,375 for 0.80, making the whole transaction’s value amount to 1,100. This particular insider is now the holder of 238,022 in total.

Outset Medical Inc (OM) Earnings and Revenue Records

Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.35 per share during the current fiscal year.

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 0.08. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.33.

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 -0.42 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)

Now, what If we examine the latest scores posted by [Outset Medical Inc, OM]. During the last 5-days, its volume was lower the volume of 1.34 million it reported in year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 27.76% While, its Average True Range was 0.0894.

Raw Stochastic average of Outset Medical Inc (OM) in the period of the previous 100 days is set at 6.60%, which indicates a major fall in contrast to 44.42% 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 131.16% that was lower than 211.87% volatility it exhibited in the past 100-days period.