OneStream Inc (NASDAQ:OS) shares, rose in value, with the stock price up by 4.86% to the previous day’s close as strong demand from buyers drove the stock to $23.73.
Actively observing the price movement in the last trading, the stock closed the session at $22.63. Referring to stock’s 52-week performance, its high was $35.39, and the low was $21.69. On the whole, OS has fluctuated by -16.98% over the past month.
With the market capitalization of OneStream Inc currently standing at about $5.66 billion, investors are eagerly awaiting this quarter’s results, scheduled for in April.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 585.08M, with a low estimate of 130M and a high estimate of 132M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 131.16M.
The stock’s technical analysis shows that the price of OS currently trading nearly -6.79% and -13.64% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 39.83, while the 7-day volatility ratio is showing 5.19% which for the 30-day chart, stands at 5.06%. Furthermore, OneStream Inc (OS)’s average true range (ATR) is 1.38.
Data on historical trading for OneStream Inc (NASDAQ:OS) indicates that the trading volumes over the past 3 months, they’ve averaged 1.44 million. According to company’s latest data on outstanding shares, there are 174.76 million shares outstanding.
Nearly 64.38% of OneStream Inc’s shares belong to company insiders and institutional investors own 31.30% of the company’s shares. The stock has fallen by -16.80% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the OS stock heading into the next quarter.
