The stock price’s performance over the year has been unpredictable, resulting in a mix of pessimistic and optimistic outlooks among investors. Year to date metric has recorded a loss of -79.48%.However, over the last six months, we can see a stronger performance of -74.36%. Over the last 30 days, the price of OM has fallen by 47.88%. And in the last five days, it has fallen by -8.26%.
Outset Medical Inc’s market performance has been unstable in recent times. The company’s stock hit a 1-year high of $6.36 on 12/20/23 and a low of $0.44 for the same time frame on 09/12/24.
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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 -82.55% away from its 52-week high, while its distance from the 52-week low is 155.17%. The stock’s price range during this period has varied between$0.44 and $6.36. The Outset Medical Inc’s shares, which operate in the Healthcare, saw a trading volume of around 0.71 million for the day, a figure considerably lower than their average daily volume of 0.8 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
Outset Medical Inc (OM) has experienced a quarterly rise of 93.65% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 58.32M 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 0.8928, with a change in price of -2.4000. Similarly, Outset Medical Inc recorded 1,541,638 in trading volume during the last 100 days, posting a change of -68.38%.
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 4.23. Similarly, the long-term debt-to-equity ratio is also 4.19.
OM Stock Stochastic Average
As of today, Outset Medical Inc’s raw stochastic average for the last 50 days stands at 63.74%. This is a rise compared to the raw stochastic average of the previous 20 days, which was noted at 54.67%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 46.68% and 47.26%, respectively.
