For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.
The price of Olo Inc (NYSE: OLO) closed at $7.54 in the last session, down -0.40% from day before closing price of $7.57. In other words, the price has decreased by -$0.40 from its previous closing price. On the day, 1.31 million shares were traded. OLO stock price reached its highest trading level at $7.735 during the session, while it also had its lowest trading level at $7.455.
Ratios:
We take a closer look at OLO’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 3.53 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 34.93. For the most recent quarter (mrq), Quick Ratio is recorded 7.76 and its Current Ratio is at 7.76. In the meantime, Its Debt-to-Equity ratio is 0.02 whereas as Long-Term Debt/Eq ratio is at 0.02.
On December 15, 2023, Lake Street started tracking the stock assigning a Buy rating and target price of $7.50.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Dec 06 ’24 when Lambert Joanna G sold 25,372 shares for $7.33 per share. The transaction valued at 186,025 led to the insider holds 690,778 shares of the business.
Manning Sherri sold 4,162 shares of OLO for $30,516 on Dec 06 ’24. The Chief People Officer now owns 241,923 shares after completing the transaction at $7.33 per share. On Dec 06 ’24, another insider, Benevides Peter J., who serves as the Chief Financial Officer of the company, sold 16,745 shares for $7.33 each. As a result, the insider received 122,769 and left with 544,343 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, OLO now has a Market Capitalization of 1234071808 and an Enterprise Value of 899067776. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.54 while its Price-to-Book (P/B) ratio in mrq is 1.85. Its current Enterprise Value per Revenue stands at 3.307 whereas that against EBITDA is -39.492.
Stock Price History:
The Beta on a monthly basis for OLO is 1.42, which has changed by 0.5200803 over the last 52 weeks, in comparison to a change of 0.22677135 over the same period for the S&P500. Over the past 52 weeks, OLO has reached a high of $8.35, while it has fallen to a 52-week low of $4.20. The 50-Day Moving Average of the stock is 5.11%, while the 200-Day Moving Average is calculated to be 38.90%.
Shares Statistics:
According to the various share statistics, OLO traded on average about 1.48M shares per day over the past 3-months and 1227720 shares per day over the past 10 days. A total of 111.28M shares are outstanding, with a floating share count of 106.33M. Insiders hold about 35.04% of the company’s shares, while institutions hold 56.87% stake in the company. Shares short for OLO as of 1735603200 were 3373402 with a Short Ratio of 2.29, compared to 1732838400 on 2562740. Therefore, it implies a Short% of Shares Outstanding of 3373402 and a Short% of Float of 4.61.
