The 52-week high and low prices can offer valuable insights into a stock’s current standing and prospects for future performance. Outset Medical Inc’s current trading price is -80.36% away from its 52-week high, while its distance from the 52-week low is 135.63%. The stock’s price range for this period has been between $0.44 and $5.22 The company’s shares, which are part of the Healthcare sector, had a trading volume of approximately 2.11 million for the day, a number notably higher than the average daily volume of 1.06 million over the last three months.
Outset Medical Inc experienced a somewhat shaky performance in the stock market. The company’s stock reached a 1-year high of $5.22 on 05/06/24, while the lowest price for the same period was registered at $0.44 on 09/12/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Outset Medical Inc (OM) has experienced a quarterly rise of 29.44% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 55.04M 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 0.8427, with a change in price of +0.4803. Similarly, Outset Medical Inc recorded 974,379 in trading volume during the last 100 days, posting a change of +92.85%.
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 4.23. Similarly, the long-term debt-to-equity ratio is also 4.19.
OM Stock Stochastic Average
Outset Medical Inc’s raw stochastic average for the past 50 days is presently 29.68%, as of today. This marks a decrease from the raw stochastic average of the last 20 days, which was 76.24%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 79.13% and 75.82%, respectively.
OM Stock Price Performance Analysis
The stock price performance over the year has been a mixed bag, resulting in a range of outlooks from optimistic to pessimistic depending on the observer. The index has shown a price loss of -7.66% this year. Over the last six months, there has been a weaker performance of 65.51%. The price of OM fallen by 27.03% during the last 30 days period. For the last 5-days stocks have improved 31.41%.
