In last trading session, Otonomo Technologies Ltd. (NASDAQ:OTMO) saw 1.07 million shares changing hands with its beta currently measuring 0. Company’s recent per share price level of $0.31 trading at -$0.03 or -8.87% at ring of the bell on the day assigns it a market valuation of $43.46M. That closing price of OTMO’s stock is at a discount of -2154.84% from its 52-week high price of $6.99 and is indicating a discount of -9.68% from its 52-week low price of $0.34. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.23 million shares which gives us an average trading volume of 630.02K if we extend that period to 3-months.
Otonomo Technologies Ltd. (NASDAQ:OTMO) trade information
Upright in the red during last session for losing -8.87%, in the last five days OTMO remained trading in the red while hitting it’s week-highest on Friday, 09/16/22 when the stock touched $0.31 price level, adding 22.31% to its value on the day. Otonomo Technologies Ltd.’s shares saw a change of -92.41% in year-to-date performance and have moved -20.62% in past 5-day. Otonomo Technologies Ltd. (NASDAQ:OTMO) showed a performance of -28.20% in past 30-days. Number of shares sold short was 0.14 million shares which calculate 0.3 days to cover the short interests.
Otonomo Technologies Ltd. (OTMO) estimates and forecasts
This year revenue growth is estimated to rise 662.60% from the last financial year’s standing.
1 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of $1.57 million for the same. And 1 analysts are in estimates of company making revenue of $4 million in the next quarter that will end on Sep 2022.
Otonomo Technologies Ltd. is more likely to be releasing its next quarterly report on November 12 and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.
Otonomo Technologies Ltd. (NASDAQ:OTMO)’s Major holders
Insiders are in possession of 29.67% of company’s total shares while institution are holding 56.10 percent of that, with stock having share float percentage of 79.77%. Investors also watch the number of corporate investors in a company very closely, which is 56.10% institutions for Otonomo Technologies Ltd. that are currently holding shares of the company. Deer Management Co. LLC is the top institutional holder at OTMO for having 19.47 million shares of worth $38.36 million. And as of Mar 30, 2022, it was holding 14.73% of the company’s outstanding shares.
The second largest institutional holder is Senvest Management LLC, which was holding about 3.64 million shares on Mar 30, 2022. The number of shares represents firm’s hold over 2.75% of outstanding shares, having a total worth of $7.17 million.
On the other hand, Smallcap World Fund and Fidelity Select Portfolios – Technology are the top two Mutual Funds which own company’s shares. As of Mar 30, 2022, the former fund manager was holding 2.8 million shares of worth $5.52 million or 2.12% of the total outstanding shares. The later fund manager was in possession of 1.05 million shares on May 30, 2022, making its stake of worth around $1.37 million in the company or a holder of 0.79% of company’s stock.