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Olin Corp. (NYSE: OLN) closed the day trading at $40.72 down -1.09% from the previous closing price of $41.17. In other words, the price has decreased by -$1.09 from its previous closing price. On the day, 1.43 million shares were traded. OLN stock price reached its highest trading level at $41.54 during the session, while it also had its lowest trading level at $40.435.
Ratios:
For a better understanding of OLN, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 26.28 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 8.05. 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.
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, Mizuho on August 08, 2024, initiated with a Neutral rating and assigned the stock a target price of $45.
On July 29, 2024, JP Morgan Upgraded its rating to Overweight which previously was Neutral but kept the price unchanged to $55.
BofA Securities Downgraded its Buy to Neutral on July 29, 2024, whereas the target price for the stock was revised from $62 to $51.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. 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.
Sutton Scott McDougald sold 16,924 shares of OLN for $889,558 on Feb 26 ’24. The President & CEO now owns 90,327 shares after completing the transaction at $52.56 per share. On Feb 26 ’24, another insider, FLAUGHER BRETT A, who serves as the VP & Pres, Winchester of the company, sold 15,000 shares for $52.46 each. As a result, the insider received 786,867 and left with 8,782 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 4784600064 and an Enterprise Value of 7874699776. As of this moment, Olin’s Price-to-Earnings (P/E) ratio for their current fiscal year is 17.99, and their Forward P/E ratio for the next fiscal year is 10.68. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.53. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.73 while its Price-to-Book (P/B) ratio in mrq is 2.24. Its current Enterprise Value per Revenue stands at 1.199 whereas that against EBITDA is 7.424.
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 $40.26. The 50-Day Moving Average of the stock is -13.56%, while the 200-Day Moving Average is calculated to be -20.28%.
Shares Statistics:
Over the past 3-months, OLN traded about 1.27M shares per day on average, while over the past 10 days, OLN traded about 1371610 shares per day. A total of 120.20M shares are outstanding, with a floating share count of 117.07M. Insiders hold about 0.40% of the company’s shares, while institutions hold 93.89% stake in the company. Shares short for OLN as of 1722384000 were 2957366 with a Short Ratio of 2.33, compared to 1719532800 on 3654441. Therefore, it implies a Short% of Shares Outstanding of 2957366 and a Short% of Float of 2.8199999.
Dividends & Splits
OLN’s forward annual dividend rate is 0.80, up from 0.8 a year ago. Against a Trailing Annual Dividend Yield of 0.019431626The stock’s 5-year Average Dividend Yield is 2.69.
