Ohmyhome Ltd (NASDAQ:OMH) does about 1.68M shares in volume on a normal day but saw 4370385 shares change hands in the recent trading day. The company now has a market cap of 3.88M USD. Its current market price is $0.60, marking a decrease of -43.07% compared to the previous close of $1.06. The 52 week high reached by this stock is $6.20 whilst the lowest price level in 52 weeks is $1.04. The script in recent trading has seen the stock touch a high of $1.5 and a low of $1.5.
The consensus objective for the share price is $6.00, suggesting that the stock has a potential upside of 90.0% over the period. The median price target is 60.0% away from the current levels at $1.5.
The current price level is -70.13%, -73.59%, and -82.55% away from its SMA20, SMA50, and SMA200 respectively, with the OMH price moving above the 50-day SMA on current market day. Ohmyhome Ltd (OMH) stock is down -69.21% over the week and -80.02% over the past month. Its price is -84.92% year-to-date and -90.10% over the past year.
The company’s next earnings report forecasts estimating quarterly EPS at 0 and -0.52 for whole year.
Its 12-month price target is $1.5. To reach the target analysts have set, the stock logically needs to grow 90.0 percent from here. Of course, the average price target is just what the average analysts believe a stock will be worth in the next 52 weeks, and is only one metric. There are analysts with lower targets than the average, including one bearish Wall Street research firm advocating investors to wait for the price to pull back to $1.5, given the recent momentum. And then, on the bullish side of things, one analyst is expecting the stock to peak at $1.5.
Outstanding shares total 6.43M with insiders holding 15.98% of the shares and institutional holders owning 0.03% of the company’s common stock. The beta has a value of -0.19.
