Owlet Inc (NYSE:OWLT) shares, rose in value on Wednesday, June 18, with the stock price up by 2.60% to the previous day’s close as strong demand from buyers drove the stock to $7.09.
Actively observing the price movement in the last trading, the stock closed the session at $6.91, falling within a range of $6.78 and $7.37. The value of beta (5-year monthly) was 1.581. Referring to stock’s 52-week performance, its high was $7.76, and the low was $2.75. On the whole, OWLT has fluctuated by 39.29% over the past month.
With the market capitalization of Owlet Inc currently standing at about $117.16 million, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-May-08.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that OWLT’s technical picture suggests that short-term indicators denote the stock is a 100% Buy on average. However, medium-term indicators have put the stock in the category of 100% 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 OWLT currently trading nearly 19.74% and 48.15% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 75.34, while the 7-day volatility ratio is showing 6.27% which for the 30-day chart, stands at 4.01%. Furthermore, Owlet Inc (OWLT)’s beta value is 1.59, and its average true range (ATR) is 0.44.
A comparison of Owlet Inc (OWLT) with its peers suggests the former has fared considerably weaker in the market. OWLT showed an intraday change of 2.60% in last session, and over the past year, it grew by 66.04%%.
Data on historical trading for Owlet Inc (NYSE:OWLT) indicates that the trading volumes over the past 10 days have averaged 0.13 and over the past 3 months, they’ve averaged 52.13K. According to company’s latest data on outstanding shares, there are 15.81 million shares outstanding.
Nearly 46.43% of Owlet Inc’s shares belong to company insiders and institutional investors own 13.60% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 0.37 million shares as on 2025-05-30, resulting in a short ratio of 11.56. According to the data, the short interest in Owlet Inc (OWLT) stood at 330.00 of shares outstanding as of 2025-05-30; the number of short shares registered in 2025-04-30 reached 0.34 million. The stock has risen by 59.33% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the OWLT stock heading into the next quarter.
