Ooma Inc (NYSE: OOMA) has reported a loss for its first fiscal quarter (ending April 30) of $-0.08 versus a loss $-0.01 for the same period a year ago. For the latest four quarters through April 30, E.P.S. were $-0.10 compared to $-0.13 a year ago.
Recent Price Action
Ooma Inc (NYSE: OOMA) stock closed at $7.90 on 5/28/24 after a large increase of 3.8%. Moreover, this advance was accompanied by exceptionally high trading volume at 240% of normal. The stock has been extremely weak relative to the market over the last nine months but has risen 5.3% during the last week.
Current PriceTarget Research Rating
OOMA is expected to continue to be a Value Builder reflecting capital returns that are forecasted to be above the cost of capital.
Ooma has a current Value Trend Rating of F (Lowest Rating). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. Ooma has a neutral Appreciation Score of 53 but a very low Power Rating of 1, with the Lowest Value Trend Rating the result.
Rating Review
In light of this new information we are reviewing our current Overall Rating of F. This review will be completed in the next several days.
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