OMNIQ Corp (NASDAQ:OMQS) shares, rose in value, with the stock price down by -12.60% to the previous day’s close as strong demand from buyers drove the stock to $0.36.
Actively observing the price movement in the last trading, the stock closed the session at $0.41. Referring to stock’s 52-week performance, its high was $6.35, and the low was $0.28. On the whole, OMQS has fluctuated by -34.97% over the past month.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that OMQS’s technical picture suggests that short-term indicators denote the stock is a 100% Sell on average. However, medium-term indicators have put the stock in the category of 100% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the PEG ratio is about 0, with the price of OMQS currently trading nearly -21.19% and -25.79% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 42.29, while the 7-day volatility ratio is showing 17.21% which for the 30-day chart, stands at 26.80%. Furthermore, OMNIQ Corp (OMQS)’s beta value is 1.40, and its average true range (ATR) is 0.11.
A comparison of OMNIQ Corp (OMQS) with its peers suggests the former has fared considerably weaker in the market. OMQS showed an intraday change of -12.60% in last session, and over the past year, it shrunk by -92.19%%.
Data on historical trading for OMNIQ Corp (NASDAQ:OMQS) indicates that the trading volumes over the past 3 months, they’ve averaged 391.39K. According to company’s latest data on outstanding shares, there are 10.68 million shares outstanding.
Nearly 18.01% of OMNIQ Corp’s shares belong to company insiders and institutional investors own 5.65% of the company’s shares. The stock has fallen by -44.77% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the OMQS stock heading into the next quarter.
