Omnicell (OMCL) : Traders are bullish on Omnicell (OMCL) as it has outperformed the S&P 500 by a wide margin of 2.4% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 3.27%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 3.79% in the last 1 week, and is up 2.26% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
The stock has recorded a 20-day Moving Average of 3.62% and the 50-Day Moving Average is 6.49%.The 200 Day SMA reached 25.3%. Omnicell, Inc. is up 16.13% in the last 3-month period. Year-to-Date the stock performance stands at 25.1%.
Omnicell (NASDAQ:OMCL): After opening at $38.4, the stock dipped to an intraday low of $38.22 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $38.89 and the buying power remained strong till the end. The stock closed at $38.88 for the day, a gain of 1.51% for the day session. The total traded volume was 114,696. The stocks close on the previous trading day was $38.3.
Omnicell, Inc. (Omnicell) is a provider of automation and business information solutions designed to enable healthcare systems to streamline the medication administration process and manage medical supplies for increased operational efficiency and enhanced patient safety. The Company has two operating segments: Automation and Analytics, and Medication Adherence. The Automation and Analytics segment is organized around the design, manufacturing, selling and servicing of medication and supply dispensing systems, pharmacy inventory management systems, and related software. The Medication Adherence segment primarily includes the manufacturing and selling of consumable medication blister cards, packaging equipment and ancillary products and services. The Companys products include OmniRx, SinglePointe, AnywhereRN, OptiFlex MS, OptiFlex CL, AccuFlex, Autobond, AutoGen, and SureSeal, among others.