On Friday, O-I Glass Inc (NYSE: OI) was -5.51% down from the session before settling in for the closing price of $15.42. A 52-week range for OI has been $13.56 – $23.57.
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Consumer Cyclical Sector giant saw their annual sales surged by 0.84% over the last five years. When this article was written, the company’s average yearly earnings per share was at -22.67%. With a float of $150.94 million, this company’s outstanding shares have now reached $154.25 million.
The firm has a total of 23000 workers. Let’s measure their productivity.
O-I Glass Inc (OI) Breakdown of a Key Holders of the stock
Also, it is sometimes useful to examine the sentiment of large-scale investors toward O-I Glass Inc stocks. The insider ownership of O-I Glass Inc is 1.78%, while institutional ownership is 99.02%. The most recent insider transaction that took place on Jun 07 ’23, was worth 1,715,756. In this transaction President & CEO of this company sold 76,132 shares at a rate of $22.54, taking the stock ownership to the 1,036,969 shares. Before that another transaction happened on Jun 06 ’23, when Company’s President & CEO sold 59,174 for $22.02, making the entire transaction worth $1,303,130. This insider now owns 1,113,101 shares in total.
O-I Glass Inc (OI) Recent Fiscal highlights
Wall Street market experts anticipate that the next fiscal year will bring earnings of 86.53 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -22.67% per share during the next fiscal year.
O-I Glass Inc (NYSE: OI) Trading Performance Indicators
You can see what O-I Glass Inc (OI) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 0.77. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.32. Likewise, its price to free cash flow for the trailing twelve months is 20.73.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.74, a number that is poised to hit 0.39 in the next quarter and is forecasted to reach 2.68 in one year’s time.
Technical Analysis of O-I Glass Inc (OI)
Analysing the last 5-days average volume posted by the [O-I Glass Inc, OI], we can find that recorded value of 1.53 million was lower than the volume posted last year of 1.69 million. As of the previous 9 days, the stock’s Stochastic %D was 20.15%. Additionally, its Average True Range was 0.60.
During the past 100 days, O-I Glass Inc’s (OI) raw stochastic average was set at 15.45%, which indicates a significant increase from 12.50% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 44.35% in the past 14 days, which was lower than the 44.72% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $16.13, while its 200-day Moving Average is $16.99. Now, the first resistance to watch is $14.89. This is followed by the second major resistance level at $15.20. The third major resistance level sits at $15.58. If the price goes on to break the first support level at $14.20, it is likely to go to the next support level at $13.82. Now, if the price goes above the second support level, the third support stands at $13.51.
O-I Glass Inc (NYSE: OI) Key Stats
There are 155,686K outstanding shares of the company, which has a market capitalization of 2.24 billion. As of now, sales total 7,105 M while income totals -103,000 K. Its latest quarter income was 1,641 M while its last quarter net income were -470,000 K.
