Examining a stock’s 52-week price history, encompassing its low and high prices, can reveal much about its existing condition and potential future trajectory. Outset Medical Inc’s current trading price is -82.39% away from its 52-week high, while its distance from the 52-week low is 121.35%. The stock’s price range over this period has fluctuated between $1.92 and $24.13. The company, operating within the financial sector, had a trading volume of approximately 10.83 million for the day, which was noticeably higher than the average daily share volume of 0.97 million over the last 3 months.
In terms of market performance, Outset Medical Inc had a fairly uneven. The highest value for the stock in the past year was $24.13 on 06/14/23, and the lowest value was recorded at $1.92 on 04/15/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Outset Medical Inc (OM) has experienced a quarterly rise of 36.22% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 214.67M and boasts a workforce of 480 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 3.44, with a change in price of -1.21. Similarly, Outset Medical Inc recorded 1,089,834 in trading volume during the last 100 days, posting a change of -21.90%.
Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis
The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to its shareholders’ equity. At the time of writing, the total D/E ratio for OM stands at 1.11. Similarly, the long-term debt-to-equity ratio is also 1.10.
OM Stock Stochastic Average
Today’s raw stochastic average for Outset Medical Inc over the last 50 days is 72.46%.This indicates a increase from the raw stochastic average of the past 20 days, which was 72.46%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 87.69% and 90.15%, respectively.
OM Stock Price Performance Analysis
A mixed performance in the stock price over the year has left investors with either an optimistic or pessimistic outlook, depending on their point of view. This year’s metric has recorded a Price decrease of -21.44%. However, over the past six months, we’ve seen a weaker performance of 5.46%. The price of OM fallen by 107.32% over the last 30 days. And in the last five days, it has surged by 61.60%.
