Domo Inc (NASDAQ:DOMO) shares, rose in value on Friday, March 28, with the stock price down by -3.63% to the previous day’s close as strong demand from buyers drove the stock to $7.96.
Actively observing the price movement in the last trading, the stock closed the session at $8.26, falling within a range of $7.815 and $8.22. The value of beta (5-year monthly) was 2.569. Referring to stock’s 52-week performance, its high was $10.15, and the low was $6.11. On the whole, DOMO has fluctuated by 3.11% over the past month.
With the market capitalization of Domo Inc currently standing at about $311.30 million, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Mar-05.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 314.43M, with a low estimate of 78M and a high estimate of 78.14M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 78.04M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that DOMO’s technical picture suggests that short-term indicators denote the stock is a 25% Buy on average. However, medium-term indicators have put the stock in the category of 50% Buy while long-term indicators on average have been pointing out that it is a 50% Buy.
The stock’s technical analysis shows that the price of DOMO currently trading nearly -3.07% and -3.02% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 45.34, while the 7-day volatility ratio is showing 5.09% which for the 30-day chart, stands at 5.67%. Furthermore, Domo Inc (DOMO)’s beta value is 2.29, and its average true range (ATR) is 0.45.
A comparison of Domo Inc (DOMO) with its peers suggests the former has fared considerably weaker in the market. DOMO showed an intraday change of -3.63% in last session, and over the past year, it shrunk by -11.06%%.
Data on historical trading for Domo Inc (NASDAQ:DOMO) indicates that the trading volumes over the past 10 days have averaged 0.35 and over the past 3 months, they’ve averaged 338.49K. According to company’s latest data on outstanding shares, there are 39.11 million shares outstanding.
Nearly 18.01% of Domo Inc’s shares belong to company insiders and institutional investors own 64.33% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 1.4 million shares as on 2025-03-14, resulting in a short ratio of 4.03. According to the data, the short interest in Domo Inc (DOMO) stood at 472.00 of shares outstanding as of 2025-03-14; the number of short shares registered in 2025-02-14 reached 1.62 million. The stock has risen by 12.43% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the DOMO stock heading into the next quarter.
