Ooma Inc (NYSE: OOMA) stock closed at $8.72 on 3/6/24 after a major decline of -11.8%. Moreover, above average trading volume at 149% of normal accompanied the decline. The stock has declined -14.2% during the last week and has been extremely weak relative to the market over the last nine months.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, OOMA is expected to continue to be an important Value Builder.
Ooma has a current Value Trend Rating of F (Lowest Rating). This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. Ooma has a slightly negative Appreciation Score of 32 and a poor Power Rating of 18, resulting in the Lowest Value Trend Rating.
Rating Review
In light of this highly negative price change we are reviewing our current Overall Rating of F. This review will be completed in the next several days.
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