Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
In the latest session, Olin Corp (NYSE: OLN) closed at $31.79 down -1.06% from its previous closing price of $32.13. In other words, the price has decreased by -$1.06 from its previous closing price. On the day, 1.55 million shares were traded. OLN stock price reached its highest trading level at $32.065 during the session, while it also had its lowest trading level at $31.13.
Ratios:
For a deeper understanding of Olin Corp’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 16.41 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 6.49. For the most recent quarter (mrq), Quick Ratio is recorded 0.82 and its Current Ratio is at 1.40. In the meantime, Its Debt-to-Equity ratio is 1.56 whereas as Long-Term Debt/Eq ratio is at 1.47.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, BMO Capital Markets on September 03, 2024, initiated with a Market Perform rating and assigned the stock a target price of $50.
On August 08, 2024, Mizuho started tracking the stock assigning a Neutral rating and target price of $45.
JP Morgan Upgraded its Neutral to Overweight on July 29, 2024, while the target price for the stock was maintained at $55.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Nov 08 ’24 when Sumner R Nichole sold 10,500 shares for $43.75 per share. The transaction valued at 459,412 led to the insider holds 24,056 shares of the business.
R. Nicole Sumner bought 10,500 shares of OLN for $438,585 on Nov 08 ’24. On Aug 26 ’24, another insider, Sumner, R. Nichole, who serves as the Officer of the company, bought 10,500 shares for $42.77 each.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, OLN now has a Market Capitalization of 3706586880 and an Enterprise Value of 6718502912. As of this moment, Olin’s Price-to-Earnings (P/E) ratio for their current fiscal year is 25.82, and their Forward P/E ratio for the next fiscal year is 12.21. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 4.81. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.57 while its Price-to-Book (P/B) ratio in mrq is 1.80. Its current Enterprise Value per Revenue stands at 1.036 whereas that against EBITDA is 7.414.
Stock Price History:
Over the past 52 weeks, OLN has reached a high of $60.60, while it has fallen to a 52-week low of $31.93. The 50-Day Moving Average of the stock is -18.59%, while the 200-Day Moving Average is calculated to be -31.53%.
Shares Statistics:
For the past three months, OLN has traded an average of 1.66M shares per day and 1413490 over the past ten days. A total of 116.60M shares are outstanding, with a floating share count of 116.12M. Insiders hold about 0.41% of the company’s shares, while institutions hold 88.46% stake in the company. Shares short for OLN as of 1734048000 were 2849306 with a Short Ratio of 1.71, compared to 1731628800 on 2831046. Therefore, it implies a Short% of Shares Outstanding of 2849306 and a Short% of Float of 2.74.
Dividends & Splits
According to the company, the forward annual dividend rate for OLN is 0.80, from 0.8 in the trailing year. Against a Trailing Annual Dividend Yield of 0.024898848The stock’s 5-year Average Dividend Yield is 2.48.
