Ohmyhome Ltd (NASDAQ: OMH) In 2024: Will It Be Worth Investing In?

In the last trading session, 1.2 million shares of the Ohmyhome Ltd (NASDAQ:OMH) were traded, and its beta was 0.28. Most recently the company’s share price was $0.49, and it changed around $0.09 or 23.42% from the last close, which brings the market valuation of the company to $11.79M. OMH currently trades at a discount to its 52-week high of $6.00, offering almost -1124.49% off that amount. The share price’s 52-week low was $0.31, which indicates that the current value has risen by an impressive 36.73% since then. We note from Ohmyhome Ltd’s average daily trading volume that its 10-day average is 60010.0 shares, with the 3-month average coming to 131.61K.

Ohmyhome Ltd stock received a consensus recommendation rating of Overweight, based on a mean score of 1.00. If we narrow it down even further, the data shows that 0 out of 1 analysts rate the stock as a Sell; another 1 rate it as Overweight. Among the rest, 0 recommended OMH as a Hold, whereas 0 deemed it a Buy, and 0 rated it as Underweight.

Ohmyhome Ltd (NASDAQ:OMH) trade information

Instantly OMH has showed a green trend with a performance of 23.42% at the end of last trading. The performance over the last five days has remained in the green territory. The rise to weekly highs of 0.4940 on recent trading dayincreased the stock’s daily price by 0.81%. The company’s shares are currently down -67.79% year-to-date, but still up 29.68% over the last five days. On the other hand, Ohmyhome Ltd (NASDAQ:OMH) is 28.77% up in the 30-day period. We can see from the shorts that 0.4 million shares have been sold at a short interest cover period of 2.58 day(s).

The consensus price target as assigned by Wall Street analysts is $1.5, which translates to bulls needing to increase their stock price by 67.33% from its current value. Analyst projections state that OMH is forecast to be at a low of $1.5 and a high of $1.5.

Ohmyhome Ltd (OMH) estimates and forecasts

Ohmyhome Ltd share prices are performing particularly well not compared to other companies within the same industry. As is evident from the statistics, the company’s shares have fallen -20.52 percent over the past six months and at a 13.04% annual growth rate that is well below the industry average of 16.50%.

OMH Dividends

Ohmyhome Ltd’s next quarterly earnings report is expected to be released in January.