Owlet Inc (NYSE: OWLT) on Tuesday, soared 10.90% from the previous trading day, before settling in for the closing price of $14.59. Within the past 52 weeks, OWLT’s price has moved between $2.75 and $14.90.
A company in the Healthcare sector has jumped its sales by 25.86% annually for the last half of the decade. The company achieved an average annual earnings per share of -691.67%. With a float of $12.13 million, this company’s outstanding shares have now reached $16.50 million.
Owlet Inc (OWLT) Insider and Institutional Ownership
Observing investor behavior towards Medical Devices industry stocks is more important than anything else. The insider ownership of Owlet Inc is 56.01%, while institutional ownership is 11.80%. 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
As on 12/31/2024, Multinational firm has announced its last quarter scores, in which it reported -0.07 earnings per share (EPS) for the period topping the consensus outlook (set at -0.48) by 0.41. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.12 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -691.67% per share during the next fiscal year.
Owlet Inc (NYSE: OWLT) Trading Performance Indicators
Owlet Inc (OWLT) is currently performing well based on its current performance indicators. A quick ratio of 0.91 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 4.48.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -2.67, a number that is poised to hit -0.14 in the next quarter and is forecasted to reach -0.42 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 0.34 million. That was better than the volume of 91614.0 it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 95.69%.
During the past 100 days, Owlet Inc’s (OWLT) raw stochastic average was set at 100.00%, which indicates a significant increase from 100.00% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.87 in the past 14 days, which was higher than the 0.73 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $10.35, while its 200-day Moving Average is $7.17. However, in the short run, Owlet Inc’s stock first resistance to watch stands at $16.66. Second resistance stands at $17.15. The third major resistance level sits at $18.11. If the price goes on to break the first support level at $15.21, it is likely to go to the next support level at $14.25. The third support level lies at $13.76 if the price breaches the second support level.
Owlet Inc (NYSE: OWLT) Key Stats
Market capitalization of the company is 446.25 million based on 17,076K outstanding shares. Right now, sales total 78,060 K and income totals -12,540 K. The company made 31,990 K in profit during its latest quarter, and 4,130 K in sales during its previous quarter.
