Olo Inc (OLO)’s Market Momentum: Closing Strong at 4.64, Down -2.32

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As of close of business last night, Olo Inc’s stock clocked out at $4.64, down -2.32% from its previous closing price of $4.75. In other words, the price has decreased by -$2.32 from its previous closing price. On the day, 0.5 million shares were traded. OLO stock price reached its highest trading level at $4.735 during the session, while it also had its lowest trading level at $4.59.

Ratios:

To gain a deeper understanding of OLO’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 2.09 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 95.70. 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:

Investing in insider trades can also provide an investor with insight into how management views future 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 752171840 and an Enterprise Value of 406896096. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.92 while its Price-to-Book (P/B) ratio in mrq is 1.14. Its current Enterprise Value per Revenue stands at 1.578 whereas that against EBITDA is -14.87.

Stock Price History:

The Beta on a monthly basis for OLO is 1.27, which has changed by -0.20302016 over the last 52 weeks, in comparison to a change of 0.3069358 over the same period for the S&P500. 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 -8.43%, while the 200-Day Moving Average is calculated to be -8.38%.

Shares Statistics:

It appears that OLO traded 1.00M shares on average per day over the past three months and 567220 shares per day over the past ten 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 55.54% stake in the company. Shares short for OLO as of 1726185600 were 1756332 with a Short Ratio of 1.75, compared to 1723680000 on 2161776. Therefore, it implies a Short% of Shares Outstanding of 1756332 and a Short% of Float of 2.4500001.

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