Outset Medical Inc (NASDAQ:OM) currently has a daily average trading volume of 214.20K but it saw 453522 shares traded in last market. With a market cap of 346.41M USD, the company’s current market price of $19.57 came rising about 3.33 while comparing to the previous closing price of $18.94. In past 52 weeks, the stock remained buoying in the range of price level as high as $72.60 and as low as $5.85.
The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the RBC Capital Mkts which downgraded the stock as “Sector Perform” in its note to investors issued on August 08, 2024, recommending a price target of between $6 and $3 for it. RBC Capital Mkts upgraded its recommendation for the stock as a “Outperform” from “Sector Perform” on June 21, 2024 while assigning a price target range of $5-$6. BTIG Research issued its recommendations for the stock as it initiated the price target for the stock is $6.
Over the week, OM’s stock price is moving -4.19% down while it is -0.05% when we observe its performance for the past one month. Year-to-date it is 17.54% up and over the past year, the stock is showing a downside performance of -66.11%.
Currently, Outset Medical Inc’s total number of outstanding shares is 17.72M. Company’s return on investment (ROI) stands at -42.76% and return on equity (ROE) at -86.53%. Stock’s beta reads 2.14. Stock has a price to book (P/B) ratio of 2.09 while price to sale or P/S ratio amounts to 3.01. Its return on asset (ROA) is -35.16% on average.
