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After finishing at $4.69 in the prior trading day, Olo Inc (NYSE: OLO) closed at $4.72, up 0.64%. In other words, the price has increased by $0.64 from its previous closing price. On the day, 0.63 million shares were traded. OLO stock price reached its highest trading level at $4.77 during the session, while it also had its lowest trading level at $4.685.
Ratios:
Our goal is to gain a better understanding of OLO by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 2.12 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 97.35. 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:
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 Sep 06 ’24 when Morvillo Robert sold 1,881 shares for $4.90 per share. The transaction valued at 9,223 led to the insider holds 83,430 shares of the business.
Benevides Peter J. sold 10,530 shares of OLO for $51,628 on Sep 06 ’24. The Chief Financial Officer now owns 414,403 shares after completing the transaction at $4.90 per share. On Sep 06 ’24, another insider, Panama Diego, who serves as the Chief Revenue Officer of the company, sold 13,555 shares for $4.90 each. As a result, the insider received 66,457 and left with 569,859 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 765140288 and an Enterprise Value of 419864608. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.97 while its Price-to-Book (P/B) ratio in mrq is 1.16. Its current Enterprise Value per Revenue stands at 1.629 whereas that against EBITDA is -15.344.
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 -4.78%, while the 200-Day Moving Average is calculated to be -7.93%.
Shares Statistics:
The stock has traded on average 1.03M shares per day over the past 3-months and 707220 shares per day over the last 10 days, according to various share statistics. A total of 108.47M shares are outstanding, with a floating share count of 105.00M. Insiders hold about 35.23% of the company’s shares, while institutions hold 56.24% stake in the company. Shares short for OLO as of 1724976000 were 1989554 with a Short Ratio of 1.92, compared to 1722384000 on 2169495. Therefore, it implies a Short% of Shares Outstanding of 1989554 and a Short% of Float of 2.78.
