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Owlet (NYSE:OWLT) Trading Down 2.1% - Time to Sell?

Owlet logo with Business Services background

Shares of Owlet, Inc. (NYSE:OWLT - Get Free Report) traded down 2.1% during mid-day trading on Monday . The company traded as low as $5.06 and last traded at $5.17. 24,948 shares traded hands during mid-day trading, a decline of 15% from the average session volume of 29,421 shares. The stock had previously closed at $5.28.

Owlet Trading Down 7.7 %

The firm has a 50-day moving average of $4.51 and a 200 day moving average of $4.25. The stock has a market capitalization of $43.40 million, a price-to-earnings ratio of -1.36 and a beta of 1.60.

About Owlet

(Get Free Report)

Owlet, Inc provides digital parenting solutions in the United States and internationally. The company's platform focuses on giving real-time data and insights to parents. It offers Dream Sock, a wearable infant health monitor equipped with pulse oximetry technology to track vitals signs, such as pulse rate, oxygen, activity, and sleep patterns; BabySat which is intended for infants with heightened health risk; Owlet Cam, a monitoring device in smartphones that offers video and audio, predictive sleep insights, and cry detections; and accessories, including Owlet Sleeper, as well as Duo and Dream Duo that combines Smart Sock with the Owlet Cam.

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