OSI Systems Inc. (OSIS) Breaks into New 52-Week High on October 03 Session

Equities Staff |

Shares of OSI Systems Inc. (OSIS) broke into a new 52-week high yesterday, hitting a peak of $93.56. Shares closed at $92.51 after opening at $92.97 for a move of 0.43%. The company now has a market cap of $1.74 billion.

Investors and traders can learn a lot about a stock’s momentum when it sets a new 52-week high. As an example, bullish investors view a company hitting its highest price in a year as a sign of momentum and may interpret it as a signal to buy. On the other hand, bearish investors could view a new 52-week high as a signal of the end of a strong run, with the stock possibly peaking out before an impending period of decline.

For OSI Systems Inc., the new 52-week high came on volume of 157,754. The stock has a float of 18.78 million shares and average daily volume of $137,823. It has a 50-day SMA of $82.63 and a 200-day SMA of $77.11.

OSI Systems Inc. now has a P/E ratio of 86.1.

For a complete fundamental analysis analysis of OSI Systems Inc., check out Equities.com’s Stock Valuation Analysis report for OSIS.

Want to invest with the experts? Subscribe to Equities Premium newsletters today! Visit http://www.equitiespremium.com/ to learn more about Guild Investment’s Market Commentary and Adam Sarhan’s Find Leading Stocks today.

OSI Systems Inc, together with its subsidiaries, is a designer and manufacturer of electronic systems and components for critical applications. The Company's business segments are Security, Healthcare, and Optoelectronics and Manufacturing.

OSI Systems Inc. is based out of Hawthorne, CA and has some 5,763 employees. Its CEO is Deepak Chopra.

OSI Systems Inc. is also a component of the Russell 2000 Index, which is an invaluable tool for any small-cap investor. Consisting of the smaller 2,000 publicly traded companies of the 3,000 largest companies in America by market cap (which combine to make the broader Russell 3000 index), the Russell 2000 gives the most comprehensive snapshot of the small-cap market of any index out there.

What's more, the Russell 2000 is maintained by Russell Investments, a company committed to using rules-based methodologies to construct unbiased indices that differ from the committee-selected Dow Jones Industrial Average or S&P 500.

To get more information on OSI Systems Inc. and to follow the company’s latest updates, you can visit the company’s profile page here: OSIS’s Profile. For more news on the financial markets and emerging growth companies, be sure to visit Equities.com’s Newsdesk. Also, don’t forget to sign-up for our daily email newsletter to ensure you don’t miss out on any of our best stories.

All data provided by QuoteMedia and was accurate as of 4:30PM ET.



DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of equities.com. Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to: http://www.equities.com/disclaimer

Comments

Emerging Growth

Liberty One Lithium Corp

Liberty One Lithium Corp is a mineral exploration company engaged in acquisition and development of high grade lithium brine deposits.

Private Markets

The Green Organic Dutchman

The Green Organic Dutchman Ltd. ("TGOD") produces farm grown, organic cannabis for medical use. The company grows its high quality organic cannabis in small batches using craft growing, all natural…

Voleo

Voleo is a free download that allows you to form investment clubs with your friends, family, colleagues, classmates, teammates…basically anyone you know and trust. Invest and manage a stock portfolio…