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After finishing at $7.02 in the prior trading day, Domo Inc. (NASDAQ: DOMO) closed at $6.80, down -3.21%. In other words, the price has decreased by -$3.21 from its previous closing price. On the day, 0.63 million shares were traded. DOMO stock price reached its highest trading level at $6.99 during the session, while it also had its lowest trading level at $6.69.
Ratios:
Our goal is to gain a better understanding of DOMO by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.51 and its Current Ratio is at 0.51.
On September 22, 2023, DA Davidson started tracking the stock assigning a Neutral rating and target price of $10.
TD Cowen Downgraded its Outperform to Market Perform on August 25, 2023, whereas the target price for the stock was revised from $20 to $14.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Sep 06 ’24 when Jolley David R bought 10,000 shares for $6.99 per share. The transaction valued at 69,875 led to the insider holds 291,465 shares of the business.
Thayne Daren sold 7,095 shares of DOMO for $48,601 on Jun 21 ’24. The CTO & EVP of Product now owns 406,663 shares after completing the transaction at $6.85 per share. On Jun 20 ’24, another insider, Daniel Daniel David III, who serves as the Director of the company, bought 150,000 shares for $6.87 each. As a result, the insider paid 1,030,605 and bolstered with 561,400 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, DOMO now has a Market Capitalization of 262496976 and an Enterprise Value of 349102688. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.82. Its current Enterprise Value per Revenue stands at 1.097 whereas that against EBITDA is -5.678.
Stock Price History:
Over the past 52 weeks, DOMO has reached a high of $12.23, while it has fallen to a 52-week low of $6.11. The 50-Day Moving Average of the stock is -12.20%, while the 200-Day Moving Average is calculated to be -21.30%.
Shares Statistics:
The stock has traded on average 359.91K shares per day over the past 3-months and 333400 shares per day over the last 10 days, according to various share statistics. A total of 33.66M shares are outstanding, with a floating share count of 31.36M. Insiders hold about 18.83% of the company’s shares, while institutions hold 63.14% stake in the company. Shares short for DOMO as of 1724976000 were 2156248 with a Short Ratio of 5.99, compared to 1722384000 on 2159237. Therefore, it implies a Short% of Shares Outstanding of 2156248 and a Short% of Float of 7.380000000000001.
