On Monday, Outset Medical Inc (NASDAQ: OM) was -3.09% drop from the session before settling in for the closing price of $0.81. A 52-week range for OM has been $0.44 – $5.22.
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
It was noted that within the last five years, the titan of the Healthcare sector saw sales topped by 90.53%. When this article was written, the company’s average yearly earnings per share was at 25.93%. With a float of $52.88 million, this company’s outstanding shares have now reached $53.70 million.
The extent of productivity of a business whose workforce counts for 480 workers is very important to gauge. In terms of profitability, gross margin is 30.97%, operating margin of -112.32%, and the pretax margin is -122.32%.
Outset Medical Inc (OM) Insider Updates
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Outset Medical Inc stocks. The insider ownership of Outset Medical Inc is 1.53%, while institutional ownership is 96.62%. The most recent insider transaction that took place on Jan 21 ’25, was worth 52,189. In this transaction Chair and CEO of this company sold 65,236 shares at a rate of $0.80, taking the stock ownership to the 895,580 shares. Before that another transaction happened on Jan 21 ’25, when Company’s SVP Operations and R&D sold 23,221 for $0.80, making the entire transaction worth $18,577. This insider now owns 204,968 shares in total.
Outset Medical Inc (OM) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around 25.93% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 31.72% during the next five years compared to -15.08% drop over the previous five years of trading.
Outset Medical Inc (NASDAQ: OM) Trading Performance Indicators
You can see what Outset Medical Inc (OM) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 5.04. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.37.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -2.77, a number that is poised to hit -0.44 in the next quarter and is forecasted to reach -1.29 in one year’s time.
Technical Analysis of Outset Medical Inc (OM)
The latest stats from [Outset Medical Inc, OM] show that its last 5-days average volume of 0.56 million was inferior to 1.4 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 49.59%. Additionally, its Average True Range was 0.09.
During the past 100 days, Outset Medical Inc’s (OM) raw stochastic average was set at 23.96%, which indicates a significant decrease from 29.17% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 49.29% in the past 14 days, which was lower than the 112.71% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $0.9973, while its 200-day Moving Average is $1.8578. Now, the first resistance to watch is $0.8167. This is followed by the second major resistance level at $0.8483. The third major resistance level sits at $0.8767. If the price goes on to break the first support level at $0.7567, it is likely to go to the next support level at $0.7283. Assuming the price breaks the second support level, the third support level stands at $0.6967.
Outset Medical Inc (NASDAQ: OM) Key Stats
There are 53,698K outstanding shares of the company, which has a market capitalization of 42.16 million. As of now, sales total 130,380 K while income totals -172,800 K. Its latest quarter income was 28,670 K while its last quarter net income were -27,940 K.
