Ohmyhome Ltd (OMH): A Technical Analysis

OMH has 36-month beta value of -0.64. Analysts have mixed views on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”

The public float for OMH is 10.60M, and currently, short sellers hold a 1.43% ratio of that float. The average trading volume of OMH on May 06, 2024 was 1.92M shares.

OMH) stock’s latest price update

The stock of Ohmyhome Ltd (NASDAQ: OMH) has decreased by -5.71 when compared to last closing price of 0.56.Despite this, the company has seen a loss of -4.70% in its stock price over the last five trading days. Seeking Alpha reported 2024-04-18 that Ohmyhome Limited (NASDAQ:OMH ) Q4 2023 Earnings Conference Call April 18, 2024 8:30 AM ET Company Participants Rhonda Wong – Chief Executive Officer Conference Call Participants Allen Klee – Maxim Group Unidentified Company Representative Good morning, good afternoon and good evening for investors coming across the globe. Let us have around 30 more seconds for the rest of the participant to dial in.

OMH’s Market Performance

Ohmyhome Ltd (OMH) has seen a -4.70% fall in stock performance for the week, with a -39.60% decline in the past month and a -45.74% plunge in the past quarter. The volatility ratio for the week is 8.34%, and the volatility levels for the past 30 days are at 11.33% for OMH. The simple moving average for the past 20 days is -16.51% for OMH’s stock, with a -67.61% simple moving average for the past 200 days.

OMH Trading at -35.40% from the 50-Day Moving Average

After a stumble in the market that brought OMH to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -99.07% of loss for the given period.

Volatility was left at 11.33%, however, over the last 30 days, the volatility rate increased by 8.34%, as shares sank -28.58% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -44.96% lower at present.

During the last 5 trading sessions, OMH fell by -5.29%, which changed the moving average for the period of 200-days by -83.01% in comparison to the 20-day moving average, which settled at $0.6264. In addition, Ohmyhome Ltd saw -65.24% in overturn over a single year, with a tendency to cut further losses.

Stock Fundamentals for OMH

Current profitability levels for the company are sitting at:

  • -1.18 for the present operating margin
  • 0.34 for the gross margin

The net margin for Ohmyhome Ltd stands at -1.09. The total capital return value is set at -0.78.

Based on Ohmyhome Ltd (OMH), the company’s capital structure generated 0.19 points at debt to capital in total, while cash flow to debt ratio is standing at -4.79.

Currently, EBITDA for the company is -5.26 million with net debt to EBITDA at -0.14. When we switch over and look at the enterprise to sales, we see a ratio of 3.42. The receivables turnover for the company is 8.62for trailing twelve months and the total asset turnover is 0.49.

Conclusion

To put it simply, Ohmyhome Ltd (OMH) has had a bad performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.

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