In a filing, Ooma Inc revealed its Chief Accounting Officer Sabharwal Namrata unloaded Company’s shares for reported $86236.0 on Dec 29 ’23. In the deal valued at $10.72 per share,8,044 shares were sold. As a result of this transaction, Sabharwal Namrata now holds 34,948 shares worth roughly $0.24 million.
Then, STANG ERIC B bought 5,000 shares, generating $50,400 in total proceeds. Upon buying the shares at $10.08, the CEO and Pres. now owns 393,125 shares.
Before that, STANG ERIC B bought 10,000 shares. Ooma Inc shares valued at $98,486 were divested by the CEO and Pres. at a price of $9.85 per share. As a result of the transaction, STANG ERIC B now holds 388,125 shares, worth roughly $2.67 million.
A number of analysts have revised their coverage, including Colliers Securities’s analysts, who began to cover the stock in early February with a ‘”a Buy”‘ rating. The Benchmark Company began covering OOMA with “Buy” recommendation on July 22, 2020. Alliance Global Partners started covering the stock on March 16, 2020. It rated OOMA as “a Buy”.
Price Performance Review of OOMA
On Tuesday, Ooma Inc [NYSE:OOMA] saw its stock fall -3.78% to $6.88. Over the last five days, the stock has lost -2.55%. Ooma Inc shares have fallen nearly -35.88% since the year began. Nevertheless, the stocks have fallen -42.57% over the past one year. While a 52-week high of $15.66 was reached on 01/29/24, a 52-week low of $6.50 was recorded on 04/25/24. SMA at 50 days reached $8.15, while 200 days put it at $11.05. A total of 0.31 million shares were traded, compared to the trading of 79200.0 shares in the previous session.
Levels Of Support And Resistance For OOMA Stock
The 24-hour chart illustrates a support level at 6.72, which if violated will result in even more drops to 6.55. On the upside, there is a resistance level at 7.15. A further resistance level may holdings at 7.41. The Relative Strength Index (RSI) on the 14-day chart is 37.25, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.05, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 66.96%. Stochastics %K at 51.01% indicates the stock is a holding.
