The Domo, Inc. (NASDAQ:DOMO) is going down by -0.44% in today’s trading session, a fall equivalent to -0.07% of the stock’s price from yesterday’s market close. A news came out on 09/06/19 stating that The Dow Is Up Ahead of Jobs News. Lululemon Gains and Beyond Meat Falls. by BARRONS. The lowest point that the shares touched during the trading session was $15.29, while the peak of the day was recorded at a share price of $17.27. DOMO finished the previous session at $17.12 according to the data provided by Barchart, while the trading volume was observed to be $1,216,617.
In the 100 days of trading, DOMO managed to top a 29.78% Moving average. Additionally, Domo, Inc. shares have achieved a 52-week range between 13.28 and 47.08 alongside 100 days raw stochastic set at 7.93%.
The number of shares outstanding, according to the fundamentals of the company, is set at 43.75M, equal to the value of $749.00M in market capitalization. In the last 30 days, Domo, Inc. shares went down by -36.29%, adding 26.62 to growth in value, on top of a +12.77% boost since 08/09/19.
Domo, Inc. (NASDAQ:DOMO) Analyst’s Estimates
Domo, Inc. (DOMO) could record at least -$1.00 per share in quarterly earnings in the upcoming report on 12/06/2019, a number that would actually represent an increase of 28.50% YOY.
According to the average analyst rating, Domo, Inc. would be rated as Overweight. Out of 7 different analysts monitoring DOMO stock, 5 analysts rate the stock as a BUY, 2 suggest to give the rating of HOLD, 0 indicate that DOMO is an OVERWEIGHT, 0 rated the stock as a SELL, and 0 analyst believes that the stock should be rated as UNDERWEIGHT.
On Sep-06-19, the stock earned a Reiterated rating due to a new analyst call from Needham, while analysts from Credit Suisse believe that the stock is set at Neutral from Outperform, as concluded on Sep-06-19. Needham, is still rather wary about the stock, deciding to keep the rating at Buy as confirmed through a call on Mar-14-19.
Regardless of the rating, Needham did increase their price from $27 to $37 as they are considering target share price analysis. Needham, on the other hand, provided a rather enthusiastic opinion on the rating, concluded in an analyst call on Jan-14-19, giving the stock a Buy rating.
DOMO Key Ratios To Watch:
Taking in account the profitability of the Company, gross profit margin of +59.33% has been attained, while the operating margin has been recorded at -101.14%. The firm is also showcasing profitability through returns on assets in the company’s ownership, with ROA set at -68.89%. Additionally, Domo, Inc. is recording price volatility of 9.25% for the period of the last seven days and 5.90% in the last 30 days.
Domo, Inc. (NASDAQ:DOMO) Technical Outlook
For the period of the last 50 days, Domo, Inc. had its Raw Stochastic average set at 11.77% for the latest technical analysis. In comparison to the period of the last 20 days, the present Raw Stochastic average for the last 50 days poses as improvement, set at 17.26%. Stochastic %K for Domo, Inc., with the last 20 days included, was set at 14.36%, having Stochastic %D topping 16.16%. Based on the previous performance of the company for the mentioned period, there are more than several recorded moving trends. When it comes to the period of the last 12 months, accounting the time for year-to-date, price performance appears to be discouraging for Domo, Inc. stocks with recording -12.79% in metrics.
Domo, Inc. Insider Watch:
As far as the position of shares issued by Domo, Inc. (NASDAQ:DOMO) for the period concluded at the market close of 09/10/19, 88 institutional investors increased their positions in DOMO shares by 5,162,424, 57 decreased positions by 6,953,188 and 18 institutional investors decided to hold positions at 5,036,314. These numbers put the complete list of institutional holdings set at 17,151,926 shares, in accordance with filings submitted to the Securities and Exchange Commission. The stock had another 44 institutional investments with 2,632,574 new shares in addition to having 35 institutional investors selling their positions in 2,102,916 shares.