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The closing price of ODDITY Tech Ltd. (NASDAQ: ODD) was $39.84 for the day, down -0.45% from the previous closing price of $40.02. In other words, the price has decreased by -$0.45 from its previous closing price. On the day, 0.56 million shares were traded. ODD stock price reached its highest trading level at $40.625 during the session, while it also had its lowest trading level at $39.41.
Ratios:
Our analysis of ODD’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 1.49 and its Current Ratio is at 2.16. In the meantime, Its Debt-to-Equity ratio is 0.04 whereas as Long-Term Debt/Eq ratio is at 0.03.
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, Evercore ISI on April 04, 2024, initiated with a Outperform rating and assigned the stock a target price of $57.
On October 04, 2023, BofA Securities Upgraded its rating to Buy which previously was Neutral and also lowered its target price recommendation from $60 to $37.
Truist Upgraded its Hold to Buy on October 03, 2023, while the target price for the stock was maintained at $54.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ODD now has a Market Capitalization of 2265569280 and an Enterprise Value of 2151848960. As of this moment, ODDITY’s Price-to-Earnings (P/E) ratio for their current fiscal year is 28.11, and their Forward P/E ratio for the next fiscal year is 26.56. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.29. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.80 while its Price-to-Book (P/B) ratio in mrq is 6.05. Its current Enterprise Value per Revenue stands at 3.61 whereas that against EBITDA is 16.378.
Stock Price History:
Over the past 52 weeks, ODD has reached a high of $50.36, while it has fallen to a 52-week low of $24.12. The 50-Day Moving Average of the stock is -0.98%, while the 200-Day Moving Average is calculated to be 0.69%.
Shares Statistics:
ODD traded an average of 614.06K shares per day over the past three months and 394670 shares per day over the past ten days. A total of 45.32M shares are outstanding, with a floating share count of 25.19M. Shares short for ODD as of 1722384000 were 7227343 with a Short Ratio of 11.77, compared to 1719532800 on 7678255. Therefore, it implies a Short% of Shares Outstanding of 7227343 and a Short% of Float of 37.4.
