Outset Medical Inc’s recently made public that its Officer Trigg Leslie acquired Company’s shares for reported $52189.0 on Jan 21 ’25. In the deal valued at $0.80 per share,65,236 shares were bought.
Then, Nash Marc bought 23,221 shares, generating $18,577 in total proceeds.
Before that, Brottem John L. bought 32,930 shares. Outset Medical Inc shares valued at $26,344 were divested by the Officer at a price of $0.80 per share.
RBC Capital Mkts downgraded its Outset Medical Inc [OM] rating to a Sector perform from a an Outperform in a research note published on August 08, 2024; the price target was decreased to $3 from $6. A number of analysts have revised their coverage, including RBC Capital Mkts’s analysts, who increased its forecast for the stock in late June from “a Sector perform” to “an Outperform”. BTIG Research began covering OM with “Buy” recommendation on April 08, 2024. CL King revised its rating on April 05, 2024. It rated OM as “a Buy” which previously was an “a Neutral”.
Price Performance Review of OM
On Tuesday, Outset Medical Inc [NASDAQ:OM] saw its stock jump 2.14% to $0.81. Over the last five days, the stock has lost -0.11%. Outset Medical Inc shares have fallen nearly -27.31% since the year began. Nevertheless, the stocks have fallen -76.88% over the past one year. While a 52-week high of $5.22 was reached on 01/06/25, a 52-week low of $0.44 was recorded on 01/15/25. SMA at 50 days reached $0.9909, while 200 days put it at $1.9573.
Levels Of Support And Resistance For OM Stock
The 24-hour chart illustrates a support level at 0.7713, which if violated will result in even more drops to 0.7358. On the upside, there is a resistance level at 0.8412. A further resistance level may holdings at 0.8756. The Relative Strength Index (RSI) on the 14-day chart is 39.79, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.1888, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 89.69%. Stochastics %K at 9.16% indicates the stock is a buying.
How much short interest is there in Outset Medical Inc?
A steep rise in short interest was recorded in Outset Medical Inc stocks on 2024-12-31, dropping by -0.33 million shares to a total of 2.46 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-29 was 2.8 million shares. There was a decline of -13.46%, which implies that there is a negative sentiment for the stock.
