Outbrain Inc. (OB) is priced at $6.28 after the most recent trading session. At the very opening of the session, the stock price was $7.00 and reached a high price of $7.00, prior to closing the session it reached the value of $7.89. The stock touched a low price of $5.585.Recently in News on May 12, 2022, Outbrain Announces First Quarter 2022 Results. Outbrain Inc. (Nasdaq: OB), a leading recommendation platform for the open web, announced today financial results for the quarter ended March 31, 2022. You can read further details here
Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, Outbrain Inc. shares are logging -70.08% during the 52-week period from high price, and -19.64% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $7.82 and $20.99.
The company’s shares, operating in the sector of Communication Services managed to top a trading volume set approximately around 1235905 for the day, which was evidently higher, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the Outbrain Inc. (OB) recorded performance in the market was -55.14%, having the revenues showcasing -53.79% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 375.48M, as it employees total of 1016 workers.
Analysts verdict on Outbrain Inc. (OB)
During the last month, 0 analysts gave the Outbrain Inc. a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 0 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 of the polled analysts provided SELL rating.
According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 11.84, with a change in the price was noted -7.68. In a similar fashion, Outbrain Inc. posted a movement of -55.01% for the period of last 100 days, recording 339,290 in trading volumes.
Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for OB is recording 0.93 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.92.
Outbrain Inc. (OB): Technical Analysis
Raw Stochastic average of Outbrain Inc. in the period of last 50 days is set at 11.04%. The result represents downgrade in oppose to Raw Stochastic average for the period of the last 20 days, recording 14.26%. In the last 20 days, the company’s Stochastic %K was 13.61% and its Stochastic %D was recorded 11.13%.
Let’s take a glance in the erstwhile performances of Outbrain Inc., multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be encouraging, given the fact the metric is recording -55.14%. The shares increased approximately by -32.11% in the 7-day charts and went up by -37.33% in the period of the last 30 days. Common stock shares were lifted by -53.79% during last recorded quarter.