Olo Inc (OLO) recent activity suggests a positive outlook with the last week’s performance of 0.57%

On Tuesday, Olo Inc (NYSE: OLO) opened higher 0.96% from the last session ,before settling in for the closing price of $5.21. Price fluctuations for OLO have ranged from $4.25 to $8.84 over the past 52 weeks.

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It was noted that within the last five years, the titan of the Technology sector saw sales topped by 50.52%. Company’s average yearly earnings per share was noted 29.41% at the time writing. With a float of $101.83 million, this company’s outstanding shares have now reached $108.47 million.

The extent of productivity of a business whose workforce counts for 683 workers is very important to gauge.

Olo Inc (OLO) Insider and Institutional Ownership

A key investor’s attitude towards the stock of the Software – Application industry is another important factor to consider. The insider ownership of Olo Inc is 37.10%, while institutional ownership is 57.15%. The most recent insider transaction that took place on Mar 06 ’24, was worth 105,671. In this transaction Chief Financial Officer of this company sold 18,885 shares at a rate of $5.60, taking the stock ownership to the 435,192 shares. Before that another transaction happened on Mar 06 ’24, when Company’s CEO sold 16,571 for $5.60, making the entire transaction worth $92,718. This insider now owns 332,971 shares in total.

Olo Inc (OLO) Latest Financial update

If we go through the results of last quarter, which was made public on 12/30/2023, the company posted $0.05 earnings per share (EPS) for the quarter, besting the agreed prediction (set at $0.05) by $0. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.05 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 29.41% per share during the next fiscal year.

Olo Inc (NYSE: OLO) Trading Performance Indicators

Check out the current performance indicators for Olo Inc (OLO). In the past quarter, the stock posted a quick ratio of 5.78. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.73.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.36, a number that is poised to hit 0.05 in the next quarter and is forecasted to reach 0.23 in one year’s time.

Technical Analysis of Olo Inc (OLO)

The latest stats from [Olo Inc, OLO] show that its last 5-days average volume of 0.76 million was inferior to 0.97 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 21.18%. Additionally, its Average True Range was 0.18.

During the past 100 days, Olo Inc’s (OLO) raw stochastic average was set at 23.67%, which indicates a significant decrease from 30.36% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 33.51% in the past 14 days, which was lower than the 41.95% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $5.56, while its 200-day Moving Average is $5.83. Now, the first resistance to watch is $5.31. This is followed by the second major resistance level at $5.35. The third major resistance level sits at $5.41. If the price goes on to break the first support level at $5.21, it is likely to go to the next support level at $5.15. The third support level lies at $5.11 if the price breaches the second support level.

Olo Inc (NYSE: OLO) Key Stats

There are currently 161,896K shares outstanding in the company with a market cap of 851.59 million. Presently, the company’s annual sales total 228,290 K according to its annual income of -58,290 K. Last quarter, the company’s sales amounted to 63,000 K and its income totaled -15,750 K.