Domo Inc Stock Price on May 23, 2024

DOMO Stock  USD 6.66  0.23  3.58%   
Below is the normalized historical share price chart for Domo Inc extending back to June 29, 2018. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Domo stands at 6.66, as last reported on the 3rd of June, with the highest price reaching 6.67 and the lowest price hitting 6.31 during the day.
IPO Date
29th of June 2018
200 Day MA
9.6491
50 Day MA
7.8821
Beta
2.351
 
Covid
If you're considering investing in Domo Stock, it is important to understand the factors that can impact its price. Domo Inc secures Sharpe Ratio (or Efficiency) of -0.28, which denotes the company had a -0.28% return per unit of risk over the last 3 months. Domo Inc exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Domo's Variance of 7.47, standard deviation of 2.73, and Mean Deviation of 1.93 to check the risk estimate we provide.
  
As of the 3rd of June 2024, Liabilities And Stockholders Equity is likely to grow to about 238.1 M, while Total Stockholder Equity is likely to drop (161.2 M). . As of the 3rd of June 2024, Price To Sales Ratio is likely to drop to 1.17. In addition to that, Price Earnings Ratio is likely to drop to -5.44. Domo Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.2809

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative ReturnsDOMO

Estimated Market Risk

 2.75
  actual daily
24
76% of assets are more volatile

Expected Return

 -0.77
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.28
  actual daily
0
Most of other assets perform better
Based on monthly moving average Domo is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Domo by adding Domo to a well-diversified portfolio.
Enterprise Value Ebitda
(7.43)
Price Sales
0.8978
Shares Float
31.3 M
Wall Street Target Price
9.2
Earnings Share
(2.10)

Domo Main Headline on 23rd of May 2024

Domos Q1 financial results for fiscal year 2025 show a miss in non-GAAP EPS but beat in revenue.

Domo Valuation on May 23, 2024

It is possible to determine the worth of Domo on a given historical date. On May 23, 2024 Domo was worth 7.33 at the beginning of the trading date compared to the closed value of 7.13. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Domo stock. Still, in general, we apply an absolute valuation method to find Domo's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Domo where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Domo's related companies.
 Open High Low Close Volume
  7.28    7.47    7.27    7.32    364,786  
05/23/2024
  7.33    7.37    7.09    7.13    647,242  
  6.15    7.43    6.11    6.97    1,729,397  
Backtest Domo  |  Domo History  |  Domo Valuation   PreviousNext  
Open Value
7.33
7.13
Closing Value
15.57
Upside

Domo Trading Date Momentum on May 23, 2024

On May 24 2024 Domo Inc was traded for  6.97  at the closing time. The top price for the day was 7.43  and the lowest listed price was  6.11 . The trading volume for the day was 1.7 M. The trading history from May 24, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 2.24% . The overall trading delta against the current closing price is 9.40% .

Domo Inc Fundamentals Correlations and Trends

By evaluating Domo's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Domo's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Domo financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Domo Stock history

Domo investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Domo is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Domo Inc will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Domo stock prices may prove useful in developing a viable investing in Domo
Last ReportedProjected for Next Year
Common Stock Shares Outstanding36 M31 M
Net Loss-121.4 M-127.5 M

Domo Stock Technical Analysis

Domo technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Domo technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Domo trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Domo Period Price Range

Low
May 23, 2024
-0.2  -2.73%
High

 7.33 

     

 7.13 

Domo June 3, 2024 Market Strength

Market strength indicators help investors to evaluate how Domo stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Domo shares will generate the highest return on investment. By undertsting and applying Domo stock market strength indicators, traders can identify Domo Inc entry and exit signals to maximize returns

Domo Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Domo's price direction in advance. Along with the technical and fundamental analysis of Domo Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Domo to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
When determining whether Domo Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Domo's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Domo Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Domo Inc Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Domo Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.
You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.

Complementary Tools for Domo Stock analysis

When running Domo's price analysis, check to measure Domo's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Domo is operating at the current time. Most of Domo's value examination focuses on studying past and present price action to predict the probability of Domo's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Domo's price. Additionally, you may evaluate how the addition of Domo to your portfolios can decrease your overall portfolio volatility.
Money Flow Index
Determine momentum by analyzing Money Flow Index and other technical indicators
Insider Screener
Find insiders across different sectors to evaluate their impact on performance
CEOs Directory
Screen CEOs from public companies around the world
Price Ceiling Movement
Calculate and plot Price Ceiling Movement for different equity instruments
My Watchlist Analysis
Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like
Piotroski F Score
Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals
Crypto Correlations
Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins
Is Domo's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Domo. If investors know Domo will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Domo listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(2.10)
Revenue Per Share
8.73
Quarterly Revenue Growth
0.008
Return On Assets
(0.17)
The market value of Domo Inc is measured differently than its book value, which is the value of Domo that is recorded on the company's balance sheet. Investors also form their own opinion of Domo's value that differs from its market value or its book value, called intrinsic value, which is Domo's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Domo's market value can be influenced by many factors that don't directly affect Domo's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Domo's value and its price as these two are different measures arrived at by different means. Investors typically determine if Domo is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Domo's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.