Olaplex Holdings Inc (OLPX) volume exceeds 2.11 million: A new investment opportunity for investors

A new trading day began on Friday, with Olaplex Holdings Inc (NASDAQ: OLPX) stock price down -3.36% from the previous day of trading, before settling in for the closing price of $1.49. OLPX’s price has ranged from $1.35 to $4.30 over the past 52 weeks.

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During the last 5-year period, the sales growth of Consumer Cyclical Sector giant was 46.30%. Meanwhile, its annual earnings per share averaged -3.63%. With a float of $130.18 million, this company’s outstanding shares have now reached $660.73 million.

Let’s determine the extent of company efficiency that accounts for 233 employees.

Olaplex Holdings Inc (OLPX) Breakdown of a Key Holders of the stock

As we move forward, let’s examine how large-scale investors are investing in this stock of the Specialty Retail Industry. The insider ownership of Olaplex Holdings Inc is 80.30%, while institutional ownership is 17.67%. The most recent insider transaction that took place on Sep 15 ’23, was worth 18,549. In this transaction Director of this company bought 8,100 shares at a rate of $2.29, taking the stock ownership to the 58,100 shares. Before that another transaction happened on Aug 15 ’23, when Company’s Director bought 43,500 for $2.63, making the entire transaction worth $114,405. This insider now owns 50,000 shares in total.

Olaplex Holdings Inc (OLPX) Recent Fiscal highlights

Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.44 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around -3.63% per share during the next fiscal year.

Olaplex Holdings Inc (NASDAQ: OLPX) Trading Performance Indicators

Here are Olaplex Holdings Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 9.21. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.08. Likewise, its price to free cash flow for the trailing twelve months is 5.37.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.09, a number that is poised to hit 0.03 in the next quarter and is forecasted to reach 0.17 in one year’s time.

Technical Analysis of Olaplex Holdings Inc (OLPX)

Looking closely at Olaplex Holdings Inc (NASDAQ: OLPX), its last 5-days average volume was 2.0 million, which is a drop from its year-to-date volume of 2.08 million. As of the previous 9 days, the stock’s Stochastic %D was 6.23%. Additionally, its Average True Range was 0.12.

During the past 100 days, Olaplex Holdings Inc’s (OLPX) raw stochastic average was set at 3.45%, which indicates a significant decrease from 9.17% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 64.67% in the past 14 days, which was lower than the 72.10% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $1.9177, while its 200-day Moving Average is $2.3449. However, in the short run, Olaplex Holdings Inc’s stock first resistance to watch stands at $1.5050. Second resistance stands at $1.5700. The third major resistance level sits at $1.6300. If the price goes on to break the first support level at $1.3800, it is likely to go to the next support level at $1.3200. Now, if the price goes above the second support level, the third support stands at $1.2550.

Olaplex Holdings Inc (NASDAQ: OLPX) Key Stats

With a market capitalization of 951.49 million, the company has a total of 660,758K Shares Outstanding. Currently, annual sales are 458,300 K while annual income is 61,590 K. The company’s previous quarter sales were 111,720 K while its latest quarter income was 14,100 K.