O-I Glass Inc (NYSE: OI) started the day on Wednesday, with a price decrease of -0.59% at $15.09, before settling in for the price of $15.18 at the close. Taking a more long-term approach, OI posted a 52-week range of $13.56-$23.57.
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In the past 5-years timespan, the Consumer Cyclical sector firm’s annual sales growth was 0.84%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -22.32%. This publicly-traded company’s shares outstanding now amounts to $154.25 million, simultaneously with a float of $150.94 million. The organization now has a market capitalization sitting at $2.32 billion. At the time of writing, stock’s 50-day Moving Average stood at $16.15, while the 200-day Moving Average is $17.05.
O-I Glass Inc (OI) Ownership Facts and Figures
Now let’s turn our focus to how large-scale investors are working with this stock of the Packaging & Containers Industry. O-I Glass Inc’s current insider ownership accounts for 1.78%, in contrast to 98.82% institutional ownership. According to the most recent insider trade that took place on Jun 07 ’23, this organization’s President & CEO sold 76,132 shares at the rate of 22.54, making the entire transaction reach 1,715,756 in total value, affecting insider ownership by 1,036,969. Preceding that transaction, on Jun 06 ’23, Company’s President & CEO sold 59,174 for 22.02, making the whole transaction’s value amount to 1,303,130. This particular insider is now the holder of 1,113,101 in total.
O-I Glass Inc (OI) Earnings and Revenue Records
Wall Street market experts anticipate that the next fiscal year will bring earnings of 87.46 per share during the current fiscal year.
O-I Glass Inc’s EPS decrease for this current 12-month fiscal period is -22.32% and is forecasted to reach 2.69 in the upcoming year.
O-I Glass Inc (NYSE: OI) Trading Performance Indicators
Let’s observe the current performance indicators for O-I Glass Inc (OI). It’s Quick Ratio in the last reported quarter now stands at 0.77. The Stock has managed to achieve an average true range (ATR) of 0.56. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.33. Similarly, its price to free cash flow for trailing twelve months is now 21.47.
In the same vein, OI’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -0.74, a figure that is expected to reach 0.39 in the next quarter, and analysts are predicting that it will be 2.69 at the market close of one year from today.
Technical Analysis of O-I Glass Inc (OI)
If we take a close look at the recent performances of O-I Glass Inc (NYSE: OI), its last 5-days Average volume was 1.33 million that shows plunge from its year to date volume of 1.68 million. During the previous 9 days, stock’s Stochastic %D was recorded 5.34% While, its Average True Range was 0.54.
Raw Stochastic average of O-I Glass Inc (OI) in the period of the previous 100 days is set at 30.06%, which indicates a major rise in contrast to 2.54% 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 40.60% that was lower than 43.68% volatility it exhibited in the past 100-days period.
