Ooma Inc Stock Price on February 29, 2024

OOMA Stock  USD 14.26  0.29  1.99%   
Below is the normalized historical share price chart for Ooma Inc extending back to July 17, 2015. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Ooma stands at 14.26, as last reported on the 28th of December, with the highest price reaching 14.52 and the lowest price hitting 14.04 during the day.
IPO Date
17th of July 2015
200 Day MA
10.2072
50 Day MA
13.658
Beta
0.919
 
Yuan Drop
 
Covid
If you're considering investing in Ooma Stock, it is important to understand the factors that can impact its price. Ooma appears to be not too volatile, given 3 months investment horizon. Ooma Inc maintains Sharpe Ratio (i.e., Efficiency) of 0.17, which implies the firm had a 0.17% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Ooma Inc, which you can use to evaluate the volatility of the company. Please evaluate Ooma's Semi Deviation of 1.9, risk adjusted performance of 0.1472, and Coefficient Of Variation of 565.6 to confirm if our risk estimates are consistent with your expectations.
  
The current year's Total Stockholder Equity is expected to grow to about 82 M, whereas Common Stock Shares Outstanding is forecasted to decline to about 19.9 M. . At present, Ooma's Price To Sales Ratio is projected to slightly decrease based on the last few years of reporting. The current year's Price Book Value Ratio is expected to grow to 3.72, whereas Price Earnings Ratio is projected to grow to (314.81). Ooma Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1734

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Estimated Market Risk

 2.2
  actual daily
19
81% of assets are more volatile

Expected Return

 0.38
  actual daily
7
93% of assets have higher returns

Risk-Adjusted Return

 0.17
  actual daily
13
87% of assets perform better
Based on monthly moving average Ooma is performing at about 13% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Ooma by adding it to a well-diversified portfolio.
Price Book
4.7045
Enterprise Value Ebitda
95.8756
Price Sales
1.5831
Shares Float
20.5 M
Wall Street Target Price
17.9

Ooma Valuation on February 29, 2024

It is possible to determine the worth of Ooma on a given historical date. On February 29, 2024 Ooma was worth 10.27 at the beginning of the trading date compared to the closed value of 10.2. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Ooma stock. Still, in general, we apply an absolute valuation method to find Ooma's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Ooma where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Ooma's related companies.
 Open High Low Close Volume
  10.02    10.30    10.01    10.08    33,636  
02/29/2024
  10.27    10.38    10.09    10.20    39,321  
  9.94    10.40    9.94    10.04    44,750  
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Open Value
10.27
10.2
Closing Value
16.87
Upside

Ooma Trading Date Momentum on February 29, 2024

On March 01 2024 Ooma Inc was traded for  10.04  at the closing time. The top price for the day was 10.40  and the lowest listed price was  9.94 . The trading volume for the day was 44.8 K. The trading history from March 1, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 1.57% . The trading delta at closing time against the current closing price is 10.88% .

Ooma Inc Fundamentals Correlations and Trends

By evaluating Ooma's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Ooma's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Ooma financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Ooma Stock history

Ooma investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Ooma is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Ooma Inc will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Ooma stock prices may prove useful in developing a viable investing in Ooma
Last ReportedProjected for Next Year
Common Stock Shares Outstanding25.6 M19.9 M
Net Loss-4.2 M-4.4 M

Ooma Quarterly Net Working Capital

4.23 Million

Ooma Stock Technical Analysis

Ooma technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Ooma technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Ooma trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Ooma Period Price Range

Low
December 28, 2024
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High

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Ooma Inc cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Ooma December 28, 2024 Market Strength

Market strength indicators help investors to evaluate how Ooma stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Ooma shares will generate the highest return on investment. By undertsting and applying Ooma stock market strength indicators, traders can identify Ooma Inc entry and exit signals to maximize returns

Ooma Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Ooma's price direction in advance. Along with the technical and fundamental analysis of Ooma Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Ooma to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

Complementary Tools for Ooma Stock analysis

When running Ooma's price analysis, check to measure Ooma's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Ooma is operating at the current time. Most of Ooma's value examination focuses on studying past and present price action to predict the probability of Ooma's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ooma's price. Additionally, you may evaluate how the addition of Ooma to your portfolios can decrease your overall portfolio volatility.
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