Ohmyhome Ltd (OMH): Why Is Stock So Good?

In the latest trading session,, 62.52 million Ohmyhome Ltd (NASDAQ:OMH) shares changed hands as the company’s beta touched 0.66. With the company’s most recent per share price at $3.12 changing hands around $1.09 or 53.69% at last look, the market valuation stands at $7.47M. OMH’s current price is a discount, trading about -108.33% off its 52-week high of $6.50. The share price had its 52-week low at $1.70, which suggests the last value was 45.51% up since then. When we look at Ohmyhome Ltd’s average trading volume, we note the 10-day average is 0.77 million shares, with the 3-month average coming to 142.25K.

Ohmyhome Ltd (NASDAQ:OMH) trade information

Instantly OMH is in green as seen in intraday trades today. With action 43.11%, the performance over the past five days has been green. The company’s shares are showing year-to-date downside of -22.02%, with the 5-day performance at 43.11% in the green. However, in the 30-day time frame, Ohmyhome Ltd (NASDAQ:OMH) is 33.33% up. Looking at the short shares, we see there were 45181.0 shares sold at short interest cover period of 1.53 days.

The consensus price target for the stock as assigned by Wall Street analysts is 1.5, meaning bulls need a downside of -108.0% from its recent market value. According to analyst projections, OMH’s forecast low is 1.5 with 1.5 as the target high. To hit the forecast high, the stock’s price needs a 51.92% surge from its current level, while the stock would need to tank 51.92% for it to hit the projected low.

Ohmyhome Ltd (OMH) estimates and forecasts

Year-over-year growth is forecast to reach 100.53% up from the last financial year.

OMH Dividends

Ohmyhome Ltd is expected to release its next quarterly earnings report in May.

Ohmyhome Ltd (NASDAQ:OMH)’s Major holders

If we look at who the major shareholders are, we find that insiders hold 43.68% of Ohmyhome Ltd shares while 0.62% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 1.11%.

With 1.03 shares estimated at $3078.0 under it, the former controlled 0.04% of total outstanding shares.