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NASDAQ:OTICOtonomy Stock Price, Forecast & News

$3.31
-0.04 (-1.19 %)
(As of 08/13/2020 04:00 PM ET)
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Today's Range
$3.27
Now: $3.31
$3.47
50-Day Range
$3.16
MA: $3.73
$4.27
52-Week Range
$1.53
Now: $3.31
$4.39
Volume102,300 shs
Average Volume230,895 shs
Market Capitalization$102.17 million
P/E RatioN/A
Dividend YieldN/A
Beta2.3
Otonomy, Inc., a biopharmaceutical company, develops therapeutics for neurotology in the United States. The company offers OTIPRIO, a ciprofloxacin otic suspension for use during tympanostomy tube placement surgery in pediatric patients. It also develops OTIVIDEX, a sustained-exposure formulation of the steroid dexamethasone in Phase III clinical trial for the treatment of Ménière's disease; OTO-313, a sustained-exposure formulation of N-methyl-D-aspartate receptor antagonist gacyclidine, which is in Phase I/II clinical trial to treat tinnitus; and OTO-413, a proprietary formulation of brain-derived neurotrophic factor that is in Phase I/II clinical trial for the repair of cochlear synaptopathy and the treatment of speech-in-noise hearing difficulties. In addition, the company develops OTO-510, a sustained-exposure formulation of small molecule otoprotectant for the prevention of cisplatin-induced hearing loss; and OTO-6XX induces hair cell regeneration for the treatment of severe hearing loss. The company has license agreements with University of California and DURECT Corporation. Otonomy, Inc. was founded in 2008 and is headquartered in San Diego, California.
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Beat the Market (BTM) Rank

Analyst Opinion: 3.5Community Rank: 2.6Dividend Strength: 0.0Insider Behavior: 1.0Valuation: 0.6 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.55 out of 5 stars


Industry, Sector and Symbol

Industry Pharmaceutical preparations
Sub-IndustryN/A
SectorMedical
Current SymbolNASDAQ:OTIC
CUSIPN/A
Phone619-323-2200

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$600,000.00
Book Value$1.31 per share

Profitability

Net Income$-44,670,000.00
Net Margins-11,386.86%

Miscellaneous

Employees49
Market Cap$102.17 million
Next Earnings Date11/3/2020 (Estimated)
OptionableOptionable
$3.31
-0.04 (-1.19 %)
(As of 08/13/2020 04:00 PM ET)
30 days | 90 days | 365 days | Advanced Chart

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Otonomy (NASDAQ:OTIC) Frequently Asked Questions

How has Otonomy's stock been impacted by COVID-19?

Otonomy's stock was trading at $2.62 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, OTIC shares have increased by 26.3% and is now trading at $3.31.
View which stocks have been most impacted by COVID-19
.

Do Wall Street analysts recommend investors buy shares of Otonomy?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Otonomy in the last year. There are currently 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for Otonomy
.

When is Otonomy's next earnings date?

Otonomy is scheduled to release its next quarterly earnings announcement on Tuesday, November 3rd 2020.
View our earnings forecast for Otonomy
.

How were Otonomy's earnings last quarter?

Otonomy Inc (NASDAQ:OTIC) announced its quarterly earnings data on Tuesday, August, 4th. The biopharmaceutical company reported ($0.37) earnings per share for the quarter, missing analysts' consensus estimates of ($0.36) by $0.01. Otonomy had a negative net margin of 11,386.86% and a negative return on equity of 125.30%.
View Otonomy's earnings history
.

What price target have analysts set for OTIC?

4 brokers have issued 1 year price objectives for Otonomy's shares. Their forecasts range from $8.00 to $11.00. On average, they anticipate Otonomy's share price to reach $9.00 in the next twelve months. This suggests a possible upside of 171.9% from the stock's current price.
View analysts' price targets for Otonomy
.

Has Otonomy been receiving favorable news coverage?

News coverage about OTIC stock has trended negative recently, according to InfoTrie Sentiment. The research firm identifies negative and positive press coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Otonomy earned a coverage optimism score of -2.4 on InfoTrie's scale. They also gave news stories about the biopharmaceutical company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the stock's share price in the immediate future.
View the latest news about Otonomy
.

Are investors shorting Otonomy?

Otonomy saw a increase in short interest in the month of June. As of June 30th, there was short interest totaling 178,500 shares, an increase of 21.8% from the June 15th total of 146,500 shares. Based on an average trading volume of 231,300 shares, the days-to-cover ratio is presently 0.8 days. Currently, 0.7% of the shares of the company are short sold.
View Otonomy's Short Interest
.

Who are some of Otonomy's key competitors?

What other stocks do shareholders of Otonomy own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Otonomy investors own include Canaccord Genuity (), BMO Capital Markets (), Stifel Nicolaus (), Wunderlich (), Standpoint Research (), Duncan Williams (), Soleil Securities (), Sterne Agee CRT (), Robert W. Baird () and Wellington Shields ().

Who are Otonomy's key executives?

Otonomy's management team includes the following people:
  • Dr. Jay B. Lichter, Co-Founder & Chairman (Age 57)
  • Dr. David Allen Weber, Pres, CEO & Director (Age 59)
  • Mr. Paul E. Cayer, Chief Financial & Bus. Officer (Age 57)
  • Mr. Robert Michael Savel II, Chief Technical Officer (Age 51)
  • Dr. Allen F. Ryan Ph.D., Co-Founder and Member of the Advisory Panel

What is Otonomy's stock symbol?

Otonomy trades on the NASDAQ under the ticker symbol "OTIC."

Who are Otonomy's major shareholders?

Otonomy's stock is owned by a number of institutional and retail investors. Top institutional investors include Sofinnova Investments Inc. (5.35%) and Cambridge Investment Research Advisors Inc. (0.05%).
View institutional ownership trends for Otonomy
.

Which major investors are buying Otonomy stock?

OTIC stock was acquired by a variety of institutional investors in the last quarter, including Sofinnova Investments Inc., and Cambridge Investment Research Advisors Inc..
View insider buying and selling activity for Otonomy
.

How do I buy shares of Otonomy?

Shares of OTIC can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is Otonomy's stock price today?

One share of OTIC stock can currently be purchased for approximately $3.31.

How big of a company is Otonomy?

Otonomy has a market capitalization of $102.17 million and generates $600,000.00 in revenue each year. The biopharmaceutical company earns $-44,670,000.00 in net income (profit) each year or ($1.45) on an earnings per share basis. Otonomy employs 49 workers across the globe.

What is Otonomy's official website?

The official website for Otonomy is www.otonomy.com.

How can I contact Otonomy?

Otonomy's mailing address is 4796 EXECUTIVE DRIVE, SAN DIEGO CA, 92121. The biopharmaceutical company can be reached via phone at 619-323-2200 or via email at [email protected]

This page was last updated on 8/14/2020 by MarketBeat.com Staff

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