Witnessing the stock’s movement on the chart, on May 03, 2021, Olin Corporation (NYSE: OLN) set off with pace as it heaved 4.00% to $44.75. During the day, the stock rose to $45.42 and sunk to $42.94 before settling in for the price of $43.03 at the close. Taking a more long-term approach, OLN posted a 52-week range of $9.67-$45.00.
In the past 5-years timespan, the Basic Materials sector firm’s annual sales growth was 15.10%. Meanwhile, its Annual Earning per share during the time was 6.37%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 540.50%. This publicly-traded company’s shares outstanding now amounts to $158.60 million, simultaneously with a float of $154.57 million. The organization now has a market capitalization sitting at $7.29 billion. At the time of writing, stock’s 50-day Moving Average stood at $37.27, while the 200-day Moving Average is $23.34.
If we measure the efficiency of the company that is accounted for 8000 employees. It has generated 719,750 per worker during the last fiscal year. Meanwhile, its income per employee was -121,237. The stock had 7.38 Receivables turnover and 0.66 Total Asset turnover. For the Profitability, stocks gross margin was +6.92, operating margin was -0.72 and Pretax Margin of -17.71.
Olin Corporation (OLN) Ownership Facts and Figures
Nothing is more important than checking the behaviour of major investors towards the stock of the Specialty Chemicals industry. Olin Corporation’s current insider ownership accounts for 0.40%, in contrast to 87.10% institutional ownership. According to the most recent insider trade that took place on Nov 10, this organization’s VP & Pres, Winchester sold 8,000 shares at the rate of 21.78, making the entire transaction reach 174,216 in total value, affecting insider ownership by 30,507. Preceding that transaction, on Nov 10, Company’s VP & CFO sold 13,000 for 22.16, making the whole transaction’s value amount to 288,080. This particular insider is now the holder of 87,751 in total.
Olin Corporation (OLN) Earnings and Revenue Records
As on 3/30/2021, Multinational firm has announced its last quarter scores, in which it reported $1.54 earnings per share (EPS) for the period topping the consensus outlook (set at $1.28) by $0.26. This company achieved a net margin of -16.84 while generating a return on equity of -50.15. Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.42 per share during the current fiscal year.
Olin Corporation’s EPS increase for this current 12-month fiscal period is 540.50% and is forecasted to reach 5.04 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 2.30% through the next 5 years, which can be compared against the 6.37% growth it accomplished over the previous five years trading on the market.
Olin Corporation (NYSE: OLN) Trading Performance Indicators
Let’s observe the current performance indicators for Olin Corporation (OLN). It’s Quick Ratio in the last reported quarter now stands at 1.10. The Stock has managed to achieve an average true range (ATR) of 1.91. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 1.17. Similarly, its price to free cash flow for trailing twelve months is now 21.66.
In the same vein, OLN’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -4.12, a figure that is expected to reach 1.28 in the next quarter, and analysts are predicting that it will be 5.04 at the market close of one year from today.
Technical Analysis of Olin Corporation (OLN)
Going through the that latest performance of [Olin Corporation, OLN]. Its last 5-days volume of 1.9 million indicated improvement to the volume of 1.53 million it revealed a year ago. During the previous 9 days, stock’s Stochastic %D was recorded 85.01% While, its Average True Range was 1.99.
Raw Stochastic average of Olin Corporation (OLN) in the period of the previous 100 days is set at 97.12%, which indicates a major rise in contrast to 90.51% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 50.75% that was lower than 51.45% volatility it exhibited in the past 100-days period.