(DOMO) Domo - Ratings and Ratios

Domo, Inc. is a modern AI and data products platform provider that enables organizations to connect their data, systems, and people, providing real-time insights and business management capabilities across various devices. The companys platform is designed to bridge the gap between executives and frontline employees, facilitating data-driven decision-making.

With a presence in North America, Western Europe, Australia, Japan, and India, Domo has established itself as a significant player in the cloud-based data management and analytics market. Its user-friendly interface and accessibility across multiple devices, including laptops, TV screens, monitors, tablets, and smartphones, make it a versatile tool for businesses.

Domos business model is centered around providing a comprehensive platform for data integration, visualization, and analysis. Its platform allows users to access real-time data, create custom dashboards, and share insights across the organization. The companys focus on AI and machine learning enables it to stay ahead of the curve in the rapidly evolving data analytics landscape.

Analyzing the , we can observe that DOMOs stock has been consolidating around the $7-8 range, with its SMA20, SMA50, and SMA200 indicating a relatively stable trend. The ATR of 0.51, equivalent to 6.25%, suggests moderate volatility. Given the 52-week high and low prices of 9.98 and 6.43, respectively, the current price of 8.19 indicates a potential for growth.

Combining the and , we can forecast that DOMOs stock may experience a positive trend in the near future. The companys high RoE of 48.32% indicates strong profitability, and its market cap of $310.33M suggests a relatively stable market presence. As the company continues to expand its AI and data products platform, its revenue growth is likely to drive the stock price upwards. A potential target price could be around $9.50, representing a 16% increase from the current price.

Based on the analysis, a possible trading strategy could be to buy DOMO at the current price, with a stop-loss around $7.50 and a take-profit target at $9.50. However, this strategy should be continuously monitored and adjusted according to market conditions and further analysis.