On Tuesday, Olo Inc (NYSE: OLO) opened higher 4.68% from the last session, before settling in for the closing price of $4.70. Price fluctuations for OLO have ranged from $4.25 to $8.84 over the past 52 weeks.
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A company in the Technology sector has jumped its sales by 50.52% annually for the last half of the decade. 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.
In an organization with 683 employees, it is important to assess its efficiency.
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 57.13%. 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
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 3.49.
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)
Let’s dig in a bit further. During the last 5-days, its volume was 0.86 million. That was inferior than the volume of 0.96 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 23.31%. Additionally, its Average True Range was 0.17.
During the past 100 days, Olo Inc’s (OLO) raw stochastic average was set at 12.73%, which indicates a significant decrease from 41.18% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 34.81% in the past 14 days, which was lower than the 41.93% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $5.44, while its 200-day Moving Average is $5.76. However, in the short run, Olo Inc’s stock first resistance to watch stands at $5.01. Second resistance stands at $5.10. The third major resistance level sits at $5.26. If the price goes on to break the first support level at $4.76, it is likely to go to the next support level at $4.60. The third support level lies at $4.51 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 796.55 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.
