Home  »  Technology   »  ON24 Inc. (NYSE:ONTF) gain 9.04% – Is It right t...

ON24 Inc. (NYSE:ONTF) gain 9.04% – Is It right time to buy?

ON24 Inc. (ONTF) saw an uptrend of 9.04% in the recent trading with $39.58 being its most recent. The current price level -51.72% lower than the highest price of $81.98 marked by the stock while trading over the past 52-weeks, whereas it is 27.55% higher than the lowest price of $31.03 the company dropped to over past 52-weeks. The latest news story on ONTF appeared in Insider Monkey under the title “Is ON24, Inc. (ONTF) Going to Burn These Hedge Funds?” on Jul-21-21.

>> 7 Top Picks for the Post-Pandemic Economy << 

Squeezing the time span to 30 day period shows us the stock is currently trading -4.23% below one month high and is +19.94% above of the lowest during that time. Looking into the simple moving average, ON24 Inc. (ONTF)’s stock stands at a SMA-50 of $35.51 while that of 5-day is reading $36.35.


3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free

Sponsored


Do analysts rate it as a buy, sell or hold?

Irrespective of recent performance, what’s important is what the future holds. In uncertain economic times, a clear picture is difficult to get. Analysts generally have a good understanding of the market works, which gives them a leg up in making predictions. Currently, the stock has been recommended as Strong Buy by 8 of the brokerage firms. Analyst ratings are often compiled into a single score from 1 to 5. The score of 1 signifies buy or strong buy, the score of 2 signifies outperform, the score of 3 means hold, and the score of 4 indicates underperform. The simple numeric range of brokerage firm referenced at the scale of 1 to 5 reads a current average recommendation of 1.60 for the stock.

ON24 Inc. Earnings – What Happened With ONTF

Coming around sales and income figures, publically trading companies under normal circumstances post earnings and revenues near to average estimates by the Wall Street analysts, but those could came either above or below estimates and known as surprise factor. During the reported three-month period, company’s sales were $50.1 billion.

ONTF – ON24 Inc. Stock Earnings Estimates

Investors get the exact data about the key information of institutional ownership in a listed company through its 13F filings at the Stock Exchange Commission (SEC). The total number of common shares currently owned by the public is 32.62 million. ONTF does have institutional investors; and they hold 69.70% of the stock.

ON24 Inc. – Insider Activity and Holdings

Moreover, the latest SEC filings also revealed that stock came across 1 new insider purchases involving 14,583 shares. On the other hand, ONTF declared 1,228,588 shares have been sold in 16 insider transactions over the past three months.

Currently, the stock has been recommended as Strong Buy by 8 of the brokerage firms. Analyst ratings are often compiled into a single score from 1 to 5. The score of 1 signifies buy or strong buy, the score of 2 signifies outperform, the score of 3 means hold, and the score of 4 indicates underperform. The simple numeric range of brokerage firm referenced at the scale of 1 to 5 reads a current average recommendation of 1.60 for the stock.

The liquidity is a key characteristic of any stock and is the main point of focus of both short-term as well as long term investors before start trading into a stock. In recently reported quarter, current ratio recorded by ON24 Inc. was 0.97 while posting a debt to equity ratio of 0.02.

>> 7 Top Picks for the Post-Pandemic Economy << 

Technical Analysis of ON24 Inc. (NYSE:ONTF) stock

Leave a Comment

Your email address will not be published. Required fields are marked *

More Posts

Get The Best Stocks To Trade Every Day!

Join now to get the NewsHeater.com pre-market morning brief 100% free

SPECIAL GIFT

WE HAVE A GIFT FOR YOU

Download Free eBook For

7 GROWTH STOCKS FOR 2021

100% free. stop anytime no spam

SPECIAL GIFT

WE HAVE A GIFT FOR YOU

Download Free eBook For

7 GROWTH STOCKS FOR 2021

100% free. stop anytime no spam