Owlet Inc (NYSE: OWLT) kicked off on Friday, up 8.82% from the previous trading day, before settling in for the closing price of $6.92. Over the past 52 weeks, OWLT has traded in a range of $2.75-$10.30.
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A company in the Healthcare sector has jumped its sales by 25.86% annually for the last half of the decade. While this was happening, its average annual earnings per share was recorded -836.11%. With a float of $8.84 million, this company’s outstanding shares have now reached $16.26 million.
Owlet Inc (OWLT) Insider and Institutional Ownership
Our next focus will be how large-scale investors are participating in this stock of the Medical Devices Industry. The insider ownership of Owlet Inc is 48.13%, while institutional ownership is 16.92%. The most recent insider transaction that took place on May 19 ’25, was worth 18,217. In this transaction President of this company sold 3,565 shares at a rate of $5.11, taking the stock ownership to the 266,707 shares. Before that another transaction happened on Apr 08 ’25, when Company’s President sold 5,184 for $3.19, making the entire transaction worth $16,537. This insider now owns 272,089 shares in total.
Owlet Inc (OWLT) Latest Financial update
In the latest quarterly report, which was put into the public domain on 9/30/2024, the organization reported 0.03 earnings per share (EPS), higher than consensus estimate (set at -0.24) by 0.27. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.22 per share during the current fiscal year. According to the Wall Street analysts, stocks earnings will be around -836.11% per share during the next fiscal year.
Owlet Inc (NYSE: OWLT) Trading Performance Indicators
Take a look at Owlet Inc’s (OWLT) current performance indicators. Last quarter, stock had a quick ratio of 0.93. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.43.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -3.42, a number that is poised to hit -0.21 in the next quarter and is forecasted to reach -0.46 in one year’s time.
Technical Analysis of Owlet Inc (OWLT)
Let’s dig in a bit further. During the last 5-days, its volume was 56180.0. That was inferior than the volume of 60048.0 it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 31.40%.
During the past 100 days, Owlet Inc’s (OWLT) raw stochastic average was set at 61.61%, which indicates a significant increase from 33.91% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.68 in the past 14 days, which was higher than the 0.53 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $7.93, while its 200-day Moving Average is $5.46. However, in the short run, Owlet Inc’s stock first resistance to watch stands at $7.84. Second resistance stands at $8.14. The third major resistance level sits at $8.69. If the price goes on to break the first support level at $6.99, it is likely to go to the next support level at $6.44. The third support level lies at $6.14 if the price breaches the second support level.
Owlet Inc (NYSE: OWLT) Key Stats
The company with the Market Capitalisation of 128.34 million has total of 17,044K Shares Outstanding. Its annual sales at the moment are 78,060 K in contrast with the sum of -12,540 K annual income. Company’s last quarter sales were recorded 26,060 K and last quarter income was -37,650 K.