Market Highlights: Olo Inc (OLO) Ends on a High Note at 5.69

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The price of Olo Inc (NYSE: OLO) closed at $5.69 in the last session, up 2.34% from day before closing price of $5.56. In other words, the price has increased by $2.34 from its previous closing price. On the day, 1.76 million shares were traded. OLO stock price reached its highest trading level at $5.775 during the session, while it also had its lowest trading level at $5.43.

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 2.56 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 117.35. For the most recent quarter (mrq), Quick Ratio is recorded 6.43 and its Current Ratio is at 6.43. In the meantime, Its Debt-to-Equity ratio is 0.02 whereas as Long-Term Debt/Eq ratio is at 0.02.

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, Lake Street on December 15, 2023, initiated with a Buy rating and assigned the stock a target price of $7.50.

Piper Sandler Upgraded its Neutral to Overweight on July 20, 2023, while the target price for the stock was maintained at $9.

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 Oct 02 ’24 when Lambert Joanna G sold 29,769 shares for $4.80 per share. The transaction valued at 142,763 led to the insider holds 711,473 shares of the business.

Lambert Joanna G bought 29,769 shares of OLO for $142,762 on Oct 02 ’24. On Sep 06 ’24, another insider, Morvillo Robert, who serves as the General Counsel and Secretary of the company, sold 1,881 shares for $4.90 each. As a result, the insider received 9,223 and left with 83,430 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 901313152 and an Enterprise Value of 577107904. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.58 while its Price-to-Book (P/B) ratio in mrq is 1.40. Its current Enterprise Value per Revenue stands at 2.238 whereas that against EBITDA is -21.09.

Stock Price History:

Over the past 52 weeks, OLO has reached a high of $6.84, while it has fallen to a 52-week low of $4.20. The 50-Day Moving Average of the stock is 14.36%, while the 200-Day Moving Average is calculated to be 13.16%.

Shares Statistics:

According to the various share statistics, OLO traded on average about 908.02K shares per day over the past 3-months and 1499190 shares per day over the past 10 days. A total of 108.47M shares are outstanding, with a floating share count of 104.45M. Insiders hold about 35.57% of the company’s shares, while institutions hold 55.92% stake in the company. Shares short for OLO as of 1728950400 were 1869683 with a Short Ratio of 2.06, compared to 1726185600 on 1756332. Therefore, it implies a Short% of Shares Outstanding of 1869683 and a Short% of Float of 2.6099999.

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