During the last session, Otonomo Technologies Ltd. (NASDAQ:OTMO)’s traded shares were 0.21 million. At the end of the trading day, the stock’s price was $0.70, reflecting an intraday loss of 0.00% or $0.0. The 52-week high for the OTMO share is $9.99, that puts it down -1327.14 from that peak though still a striking 10.0% gain since the share price plummeted to a 52-week low of $0.63. The company’s market capitalization is $92.54M, and the average intraday trading volume over the past 10 days was 0.37 million shares, and the average trade volume was 476.50K shares over the past three months.
Otonomo Technologies Ltd. (OTMO) received a consensus recommendation of an Overweight from analysts. That translates to a mean rating of 2.00. OTMO has a Sell rating from 0 analyst(s) out of 3 analysts who have looked at this stock. 1 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 2 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be -$0.13.
Otonomo Technologies Ltd. (NASDAQ:OTMO) trade information
Otonomo Technologies Ltd. (OTMO) registered a 0.00% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet 0.00% in intraday trading to $0.70 this Friday, 08/05/22, hitting a weekly high. The stock’s 5-day price performance is -2.83%, and it has moved by -32.04% in 30 days. Based on these gigs, the overall price performance for the year is -92.98%. The short interest in Otonomo Technologies Ltd. (NASDAQ:OTMO) is 0.14 million shares and it means that shorts have 0.3 day(s) to cover.
The consensus price target of analysts on Wall Street is $4.00, which implies an increase of 82.5% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $1.50 and $6.00 respectively. As a result, OTMO is trading at a discount of -757.14% off the target high and -114.29% off the low.
Otonomo Technologies Ltd. (OTMO) estimates and forecasts
In the rating firms’ projections, revenue will increase 662.60% compared to the previous financial year.
Revenue for the current quarter is expected to be $1.57 million as predicted by 1 analyst(s). Meanwhile, a consensus of 1 analyst(s) estimates revenue growth to $4 million by the end of Sep 2022.
While earnings are projected to return -33.30% in 2022.
Otonomo Technologies Ltd. is due to release its next quarterly earnings on November 12. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
Otonomo Technologies Ltd. (NASDAQ:OTMO)’s Major holders
Otonomo Technologies Ltd. insiders own 29.67% of total outstanding shares while institutional holders control 56.10%, with the float percentage being 79.77%. Deer Management Co. LLC is the largest shareholder of the company, while 39 institutions own stock in it. As of Mar 30, 2022, the company held over 19.47 million shares (or 14.73% of all shares), a total value of $38.36 million in shares.
The next largest institutional holding, with 3.64 million shares, is of Senvest Management LLC’s that is approximately 2.75% of outstanding shares. At the market price on Mar 30, 2022, these shares were valued at $7.17 million.
Also, the Mutual Funds coming in first place with the largest holdings of Otonomo Technologies Ltd. (OTMO) shares are Smallcap World Fund and Fidelity Select Portfolios – Technology. Data provided on Mar 30, 2022 indicates that Smallcap World Fund owns about 2.8 million shares. This amounts to just over 2.12 percent of the company’s overall shares, with a $5.52 million market value. The same data shows that the other fund manager holds slightly less at 1.05 million, or about 0.79% of the stock, which is worth about $1.37 million.