Onewater Marine Inc (NASDAQ:ONEW) shares, rose in value on Thursday, April 16, with the stock price up by 5.06% to the previous day’s close as strong demand from buyers drove the stock to $13.49.
Actively observing the price movement in the last trading, the stock closed the session at $12.84, falling within a range of $12.635 and $13.53. The value of beta (5-year monthly) was 2.33. Referring to stock’s 52-week performance, its high was $31.36, and the low was $12.02. On the whole, ONEW has fluctuated by -21.39% over the past month.
With the market capitalization of Onewater Marine Inc currently standing at about $235.51 million, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Jan-29.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that ONEW’s technical picture suggests that short-term indicators denote the stock is a 100% Sell on average. However, medium-term indicators have put the stock in the category of 100% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the price of ONEW currently trading nearly -10.51% and -18.62% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 40.03, while the 7-day volatility ratio is showing 6.87% which for the 30-day chart, stands at 8.48%. Furthermore, Onewater Marine Inc (ONEW)’s beta value is 2.18, and its average true range (ATR) is 1.30.
A comparison of Onewater Marine Inc (ONEW) with its peers suggests the former has fared considerably weaker in the market. ONEW showed an intraday change of 5.06% in last session, and over the past year, it shrunk by -44.94%%.
Data on historical trading for Onewater Marine Inc (NASDAQ:ONEW) indicates that the trading volumes over the past 10 days have averaged 0.18 and over the past 3 months, they’ve averaged 158.75K. According to company’s latest data on outstanding shares, there are 14.85 million shares outstanding.
Nearly 24.17% of Onewater Marine Inc’s shares belong to company insiders and institutional investors own 69.18% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 2.68 million shares as on 2025-03-31, resulting in a short ratio of 19.25. According to the data, the short interest in Onewater Marine Inc (ONEW) stood at 2809.00 of shares outstanding as of 2025-03-31; the number of short shares registered in 2025-02-28 reached 2.52 million. The stock has fallen by -22.38% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the ONEW stock heading into the next quarter.
