The pursuit of outperformance leads many investors to carefully choose individual stocks. Picking the right ones can be a game-changer for growing your wealth.
In the latest session, Domo Inc (NASDAQ: DOMO) closed at $7.05 down -8.80% from its previous closing price of $7.73. In other words, the price has decreased by -$8.80 from its previous closing price. On the day, 0.54 million shares were traded.
Ratios:
For a deeper understanding of Domo Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.46 and its Current Ratio is at 0.46.
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 this company, Cantor Fitzgerald on February 11, 2025, initiated with a Overweight rating and assigned the stock a target price of $11.
On May 24, 2024, Lake Street Downgraded its rating to Hold which previously was Buy but kept the price unchanged to $8.
On September 22, 2023, DA Davidson started tracking the stock assigning a Neutral rating and target price of $10.DA Davidson initiated its Neutral rating on September 22, 2023, with a $10 target price.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. 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:
For the stock, the TTM Price-to-Sale (P/S) ratio is 0.87.
Stock Price History:
Over the past 52 weeks, DOMO has reached a high of $11.87, while it has fallen to a 52-week low of $6.11. The 50-Day Moving Average of the stock is -9.37%, while the 200-Day Moving Average is calculated to be -8.89%.
Shares Statistics:
A total of 35.84M shares are outstanding, with a floating share count of 32.36M. Insiders hold about 17.25% of the company’s shares, while institutions hold 64.35% stake in the company.
