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The closing price of Outset Medical Inc (NASDAQ: OM) was $0.82 for the day, down -6.82% from the previous closing price of $0.88. In other words, the price has decreased by -$6.82 from its previous closing price. On the day, 0.66 million shares were traded.
Ratios:
Our analysis of OM’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 4.38 and its Current Ratio is at 5.69. In the meantime, Its Debt-to-Equity ratio is 7.53 whereas as Long-Term Debt/Eq ratio is at 7.46.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, RBC Capital Mkts on August 08, 2024, Downgraded its rating to Sector Perform and sets its target price to $3 from $6 previously.
On June 21, 2024, RBC Capital Mkts Upgraded its rating to Outperform which previously was Sector Perform and also upped its target price recommendation from $5 to $6.
On April 08, 2024, BTIG Research started tracking the stock assigning a Buy rating and target price of $6.BTIG Research initiated its Buy rating on April 08, 2024, with a $6 target price.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Feb 18 ’25 when Trigg Leslie sold 14,611 shares for $0.90 per share. The transaction valued at 13,150 led to the insider holds 880,969 shares of the business.
Nash Marc sold 4,204 shares of OM for $3,784 on Feb 18 ’25. The SVP Operations and R&D now owns 200,764 shares after completing the transaction at $0.90 per share. On Feb 18 ’25, another insider, Brottem John L., who serves as the General Counsel of the company, sold 6,145 shares for $0.90 each. As a result, the insider received 5,530 and left with 175,043 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 0.39 while its Price-to-Book (P/B) ratio in mrq is 1.61.
Stock Price History:
Over the past 52 weeks, OM has reached a high of $5.22, while it has fallen to a 52-week low of $0.44. The 50-Day Moving Average of the stock is -15.11%, while the 200-Day Moving Average is calculated to be -53.93%.
Shares Statistics:
A total of 52.94M shares are outstanding, with a floating share count of 51.06M. Insiders hold about 4.92% of the company’s shares, while institutions hold 89.66% stake in the company.
