Shares of Ooma Inc. (OOMA) Rise Above Previous 52-Week High

May 27, 2021 10:42:35

Ooma Inc. (NYSE:OOMA) traded today at a new 52-week high of $19.28. This new high was reached on above average trading volume as 145,000 shares traded hands, while the average 30-day volume is approximately 74,000 shares.

Ooma Inc. (NYSE:OOMA) defies analysts with a current price ($18.69) 12.4% above its average consensus price target of $16.37.

Ooma Inc. share prices have moved between a 52-week high of $19.28 and a 52-week low of $12.01 and are now trading 56% above that low price at $18.69 per share.

Ooma Inc is a United States-based provider of innovative communication solutions and other connected services to small business, home, and mobile users. The company’s hybrid software-as-a-service(SaaS) platform, consisting of its proprietary cloud, on-premise appliances, mobile applications, and end-point devices, provides the connectivity and functionality that power its solutions. Its communications solutions deliver proprietary PureVoice high-definition voice quality, advanced features, and integration with mobile devices. The majority of the company’s revenue is generated in the form of Subscription and services.

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