Olo Inc. (NYSE: OLO) on May 19, 2023, started off the session at the price of $6.92, plunging -3.77% from the previous trading day. During the day, the shares moved up to $6.97 and dropped to $6.545 before settling in for the closing price of $6.89. Within the past 52 weeks, OLO’s price has moved between $5.74 and $14.08.
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The company achieved an average annual earnings per share of 16.60%. With a float of $101.37 million, this company’s outstanding shares have now reached $161.98 million.
Let’s determine the extent of company efficiency that accounts for 712 employees. In terms of profitability, gross margin is +68.98, operating margin of -26.71, and the pretax margin is -25.48.
Olo Inc. (OLO) Insider Activity
Observing investor behavior towards Software – Application industry stocks is more important than anything else. The insider ownership of Olo Inc. is 1.60%, while institutional ownership is 92.10%. The most recent insider transaction that took place on Mar 06, was worth 69,537. In this transaction CEO of this company sold 8,918 shares at a rate of $7.80, taking the stock ownership to the 310,880 shares. Before that another transaction happened on Mar 06, when Company’s Chief Financial Officer sold 8,580 for $7.79, making the entire transaction worth $66,881. This insider now owns 353,004 shares in total.
Olo Inc. (OLO) Earnings and Forecasts
As on 3/30/2023, Multinational firm has announced its last quarter scores, in which it reported $0.03 earnings per share (EPS) for the period topping the consensus outlook (set at $0.01) by $0.02. This company achieved a net margin of -24.79 while generating a return on equity of -6.57. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.03 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 16.60% per share during the next fiscal year.
Olo Inc. (NYSE: OLO) Trading Performance Indicators
Olo Inc. (OLO) is currently performing well based on its current performance indicators. A quick ratio of 7.20 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 6.02. Likewise, its price to free cash flow for the trailing twelve months is 1594.42.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.28, a number that is poised to hit 0.02 in the next quarter and is forecasted to reach 0.16 in one year’s time.
Technical Analysis of Olo Inc. (OLO)
Looking closely at Olo Inc. (NYSE: OLO), its last 5-days average volume was 1.18 million, which is a jump from its year-to-date volume of 0.91 million. As of the previous 9 days, the stock’s Stochastic %D was 16.56%. Additionally, its Average True Range was 0.38.
During the past 100 days, Olo Inc.’s (OLO) raw stochastic average was set at 26.33%, which indicates a significant increase from 7.20% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 53.11% in the past 14 days, which was lower than the 57.88% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $7.46, while its 200-day Moving Average is $7.81. However, in the short run, Olo Inc.’s stock first resistance to watch stands at $6.88. Second resistance stands at $7.14. The third major resistance level sits at $7.31. If the price goes on to break the first support level at $6.46, it is likely to go to the next support level at $6.29. Should the price break the second support level, the third support level stands at $6.04.
Olo Inc. (NYSE: OLO) Key Stats
Market capitalization of the company is 1.12 billion based on 161,985K outstanding shares. Right now, sales total 185,400 K and income totals -45,970 K. The company made 52,240 K in profit during its latest quarter, and -13,710 K in sales during its previous quarter.
