Those determined to outshine the market strategically focus on the selection of individual stocks. Well-chosen stocks have the potential to substantially boost your wealth.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
As of close of business last night, Olin Corp.’s stock clocked out at $44.58, down -0.02% from its previous closing price of $44.59. In other words, the price has decreased by -$0.02 from its previous closing price. On the day, 3.61 million shares were traded. OLN stock price reached its highest trading level at $45.49 during the session, while it also had its lowest trading level at $44.04.
Ratios:
To gain a deeper understanding of OLN’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 29.24 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 8.95. For the most recent quarter (mrq), Quick Ratio is recorded 0.82 and its Current Ratio is at 1.43. In the meantime, Its Debt-to-Equity ratio is 1.52 whereas as Long-Term Debt/Eq ratio is at 1.43.
On July 29, 2024, BofA Securities Downgraded its rating to Neutral which previously was Buy and also lowered its target price recommendation from $62 to $51.
On December 07, 2023, Deutsche Bank started tracking the stock assigning a Hold rating and target price of $52.Deutsche Bank initiated its Hold rating on December 07, 2023, with a $52 target price.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Feb 27 ’24 when Sutton Scott McDougald sold 48,896 shares for $52.39 per share. The transaction valued at 2,561,516 led to the insider holds 90,327 shares of the business.
FLAUGHER BRETT A sold 10,000 shares of OLN for $521,988 on Feb 27 ’24. The VP & Pres, Winchester now owns 77,763 shares after completing the transaction at $52.20 per share. On Feb 26 ’24, another insider, Sutton Scott McDougald, who serves as the President & CEO of the company, sold 16,924 shares for $52.56 each. As a result, the insider received 889,558 and left with 90,327 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, OLN now has a Market Capitalization of 5238150144 and an Enterprise Value of 8328249856. As of this moment, Olin’s Price-to-Earnings (P/E) ratio for their current fiscal year is 19.69, and their Forward P/E ratio for the next fiscal year is 11.26. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.78. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.81 while its Price-to-Book (P/B) ratio in mrq is 2.45. Its current Enterprise Value per Revenue stands at 1.269 whereas that against EBITDA is 8.057.
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 $41.71. The 50-Day Moving Average of the stock is -10.93%, while the 200-Day Moving Average is calculated to be -13.22%.
Shares Statistics:
It appears that OLN traded 1.14M shares on average per day over the past three months and 1696580 shares per day over the past ten days. A total of 120.20M shares are outstanding, with a floating share count of 118.94M. Insiders hold about 0.40% of the company’s shares, while institutions hold 92.62% stake in the company. Shares short for OLN as of 1721001600 were 2753774 with a Short Ratio of 2.42, compared to 1718323200 on 3133347. Therefore, it implies a Short% of Shares Outstanding of 2753774 and a Short% of Float of 2.5799999000000002.
Dividends & Splits
With its trailing 12-month dividend rate of 0.8, OLN has a forward annual dividend rate of 0.80. Against a Trailing Annual Dividend Yield of 0.017941242The stock’s 5-year Average Dividend Yield is 2.73.
