Looking For A Top Momentum Pick? Why OneSmart International Education Group Limited (NYSE: ONE) Is A Great Choice – Stocks Register
Home  »  Companies   »  Looking For A Top Momentum Pick? Why OneSmart Inte...

Looking For A Top Momentum Pick? Why OneSmart International Education Group Limited (NYSE: ONE) Is A Great Choice

OneSmart International Education Group Limited (NYSE:ONE) price on Thursday, August 26, rose 0.39% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $0.55.

A look at the stock’s price movement, the level at last check in today’s session was $0.54, moving within a range at $0.53 and $0.5798. The beta value (5-Year monthly) was 0.12. Turning to its 52-week performance, $4.87 and $0.50 were the 52-week high and 52-week low respectively. Overall, ONE moved 1.51% over the past month.


3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free

Sponsored


OneSmart International Education Group Limited’s market cap currently stands at around $93.84 million, with investors looking forward to this quarter’s earnings report slated for Nov 22, 2021 – Nov 26, 2021. Analysts project the company’s earnings per share (EPS) to be $0.21, which has seen fiscal year 2021 EPS growth forecast to increase to -$0.36 and about $1.79 for fiscal year 2022.

Analysts have a consensus estimate of $933.19 million for the company’s revenue for the quarter, with a low and high estimate of $933.19 million and $933.19 million respectively. The average forecast suggests up to a 738.40% growth in sales growth compared to quarterly growth in the same period last fiscal year. Wall Street analysts have also projected the company’s year-on-year revenue for 2021 to grow to $4.05 billion, representing a 663.50% jump on that reported in the last financial year.

Revisions could be used as tool to get short term price movement insight, and for the company that in the past seven days was no upward and no downward review(s). Turning to the stock’s technical picture we see that short term indicators suggest on average that ONE is a 100% Sell. On the other hand, the stock is on average a 100% Sell as suggested by medium term indicators while long term indicators are putting the stock in 100% Sell category.

ONE’s current price about -10.64% and -37.58% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 39.21, while 7-day volatility ratio is 11.93% and 19.89% in the 30-day chart. Further, OneSmart International Education Group Limited (ONE) has a beta value of 0.11, and an average true range (ATR) of 0.11.

In the market, a comparison of OneSmart International Education Group Limited (ONE) and its peers suggest the former has performed considerably stronger. Data shows ONE’s intraday price has changed 0.39% today and -87.34% over the past year. Elsewhere, the overall performance for the S&P 500 and Dow Jones Industrial shows that the indexes are down -0.38% and -0.16% respectively on the day as seen in early trades.

If we refocus on OneSmart International Education Group Limited (NYSE:ONE), historical trading data shows that trading volumes averaged 5.58 million over the past 3 months. The company’s latest data on shares outstanding shows there are 161.54 million shares.

>> 7 Top Picks for the Post-Pandemic Economy <<

The 7.01% of OneSmart International Education Group Limited’s shares are in the hands of company insiders while institutional holders own 47.60% of the company’s shares. Current price change has pushed the stock -85.71% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the ONE stock continues to rise going into the next quarter.

Leave a Comment

Your email address will not be published. Required fields are marked *

Related Posts

SPECIAL GIFT

WE HAVE A GIFT FOR YOU

Download Free eBook For

7 GROWTH STOCKS FOR 2021

100% free. stop anytime no spam

SPECIAL GIFT

WE HAVE A GIFT FOR YOU

Download Free eBook For

7 GROWTH STOCKS FOR 2021

100% free. stop anytime no spam