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In the latest session, Olin Corp. (NYSE: OLN) closed at $52.82 down -0.47% from its previous closing price of $53.07. In other words, the price has decreased by -$0.47 from its previous closing price. On the day, 1.0 million shares were traded. OLN stock price reached its highest trading level at $52.92 during the session, while it also had its lowest trading level at $51.85.
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 37.11 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 8.56. For the most recent quarter (mrq), Quick Ratio is recorded 0.73 and its Current Ratio is at 1.29. In the meantime, Its Debt-to-Equity ratio is 1.35 whereas as Long-Term Debt/Eq ratio is at 1.29.
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, Deutsche Bank on December 07, 2023, initiated with a Hold rating and assigned the stock a target price of $52.
On November 13, 2023, Citigroup started tracking the stock assigning a Buy rating and target price of $50.
JP Morgan Downgraded its Overweight to Neutral on October 30, 2023, whereas the target price for the stock was revised from $75 to $48.
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 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 6319437824 and an Enterprise Value of 9237114880. As of this moment, Olin’s Price-to-Earnings (P/E) ratio for their current fiscal year is 14.93, and their Forward P/E ratio for the next fiscal year is 8.58. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.70. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.92 while its Price-to-Book (P/B) ratio in mrq is 2.84. Its current Enterprise Value per Revenue stands at 1.352 whereas that against EBITDA is 6.968.
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 -4.67%, while the 200-Day Moving Average is calculated to be 1.22%.
Shares Statistics:
For the past three months, OLN has traded an average of 1.03M shares per day and 795420 over the past ten days. A total of 120.20M shares are outstanding, with a floating share count of 119.10M. Insiders hold about 0.45% of the company’s shares, while institutions hold 89.32% stake in the company. Shares short for OLN as of 1713139200 were 2362901 with a Short Ratio of 2.29, compared to 1710460800 on 2835446. Therefore, it implies a Short% of Shares Outstanding of 2362901 and a Short% of Float of 2.21.
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 0.01507443The stock’s 5-year Average Dividend Yield is 2.84.
