OneStream Inc (NASDAQ:OS) price on current trading day, fall -0.45% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $30.69.
A look at the stock’s price movement, the close in the last trading session was $30.83, moving within a range at $30.445 and $31.578. Turning to its 52-week performance, $35.39 and $24.50 were the 52-week high and 52-week low respectively. Overall, OS moved -3.43% over the past month.
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OneStream Inc’s market cap currently stands at around $7.20 billion, with investors looking forward to this quarter’s earnings report slated for in January.
Analysts have a consensus estimate of 128.14M for the company’s revenue for the quarter, with a low and high estimate of 127M and 128.71M respectively. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 485.06M, representing a 29.38% jump on that reported in the last financial year.
OS’s current price about -2.88% and -1.44% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 47.53, while 7-day volatility ratio is 3.80% and 5.43% in the 30-day chart. Further, OneStream Inc (OS) has a beta value of 0, and an average true range (ATR) of 1.44. Analysts have given the company’s stock an average 52-week price target of $35, forecast between a low of $32 and high of $38. Looking at the price targets, the low is -4.27% off current price level while to achieve the yearly target high, price needs to move -23.82%. Nonetheless, investors will most likely welcome a -14.04% jump to $35 which is the analysts’ median price.
If we refocus on OneStream Inc (NASDAQ:OS), historical trading data shows that trading volumes averaged 0.96 over the past 10 days and 957.27K over the past 3 months. The company’s latest data on shares outstanding shows there are 28.30 million shares.
The 89.62% of OneStream Inc’s shares are in the hands of company insiders while institutional holders own 13.98% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 2.74 million on 2024-11-15, giving us a short ratio of 2.42. The data shows that as of 2024-11-15 short interest in OneStream Inc (OS) stood at 1019.0000000000001 of shares outstanding, with shares short rising to 1.83 million registered in 2024-10-15. Current price change has pushed the stock 14.30% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the OS stock continues to rise going into the next quarter.
