Outset Medical Inc (NASDAQ:OM) shares, rose in value on Wednesday, June 18, with the stock price up by 3.33% to the previous day’s close as strong demand from buyers drove the stock to $19.57.
Actively observing the price movement in the last trading, the stock closed the session at $18.94, falling within a range of $18.62 and $20.39. The value of beta (5-year monthly) was 2.142. Referring to stock’s 52-week performance, its high was $72.60, and the low was $5.85. On the whole, OM has fluctuated by -0.05% over the past month.
With the market capitalization of Outset Medical Inc currently standing at about $346.41 million, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-May-07.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that OM’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 100% Buy.
The stock’s technical analysis shows that the price of OM currently trading nearly 0.99% and 25.62% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 56.46, while the 7-day volatility ratio is showing 5.03% which for the 30-day chart, stands at 4.41%. Furthermore, Outset Medical Inc (OM)’s beta value is 2.14, and its average true range (ATR) is 1.51.
A comparison of Outset Medical Inc (OM) with its peers suggests the former has fared considerably weaker in the market. OM showed an intraday change of 3.33% in last session, and over the past year, it shrunk by -66.11%%.
Data on historical trading for Outset Medical Inc (NASDAQ:OM) indicates that the trading volumes over the past 10 days have averaged 0.34 and over the past 3 months, they’ve averaged 214.20K. According to company’s latest data on outstanding shares, there are 17.72 million shares outstanding.
Nearly 4.43% of Outset Medical Inc’s shares belong to company insiders and institutional investors own 83.07% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 0.56 million shares as on 2025-05-30, resulting in a short ratio of 2.24. According to the data, the short interest in Outset Medical Inc (OM) stood at 322.00 of shares outstanding as of 2025-05-30; the number of short shares registered in 2025-04-30 reached 1.12 million. The stock has risen by 17.54% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the OM stock heading into the next quarter.
