The Significance of Moving Averages in Outset Medical Inc Inc. (OM) Price Performance

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. The metric has seen a significant loss of -35.30% since the start of this calendar year. Looking back over the last six months, we can see a stronger performance of -4.89%. Over the past 30 days, the price of OM has fallen by 71.57%. And in the last five days, it has fallen by -7.65%.

Outset Medical Inc ‘s stock market performance has been somewhat erratic. The company’s stock reached a 1-year high price of $24.13 on 06/14/23, while the lowest value for the same period was recorded at $1.92 on 04/15/24.

52-week price history of OM Stock

Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. Outset Medical Inc’s current trading price is -85.50% away from its 52-week high, while its distance from the 52-week low is 82.29%. The stock’s price range during this period has varied between$1.92 and $24.13. The Outset Medical Inc’s shares, which operate in the Healthcare, saw a trading volume of around 1.27 million for the day, a figure considerably lower than their average daily volume of 1.33 million over last three months.

Market Capitalization vs. Financial Performance: A Comparative Study

Outset Medical Inc (OM) has experienced a quarterly rise of 10.76% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 181.02M and boasts a workforce of 480 employees.

Combining Moving Average and Trading Volume Data for Better Market Insight

Based on Barchart.com data, the company’s moving average over the 100-day period was 3.29, with a change in price of -2.63. Similarly, Outset Medical Inc recorded 1,187,168 in trading volume during the last 100 days, posting a change of -42.90%.

OM’s Debt-to-Equity Ratio Cause for Concern? An In-Depth Look

The debt-to-equity (D/E) ratio is a significant metric that provides insights into a company’s financial state and market presence. By dividing a company’s current liabilities by its shareholders’ equity, the D/E ratio depicts the extent of debt used by a company to fund its assets relative to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for OM stands at 2.17. Similarly, the long-term debt-to-equity ratio is also 2.16.

OM Stock Stochastic Average

Outset Medical Inc’s raw stochastic average for the past 50 days is presently 47.88%, as of today. This marks a increase from the raw stochastic average of the last 20 days, which was 45.14%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 38.18% and 40.84%, respectively.

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