O-I Glass Inc (NYSE: OI) started the day on Thursday, with a price increase of 5.88% at $12.25, before settling in for the price of $11.57 at the close. Taking a more long-term approach, OI posted a 52-week range of $10.08-$20.29.
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The Consumer Cyclical sector firm’s twelve-monthly sales growth has been 0.84% for the last half of the decade. Nevertheless, stock’s Earnings Per Share (EPS) this year is -63.04%. This publicly-traded company’s shares outstanding now amounts to $154.25 million, simultaneously with a float of $152.60 million. The organization now has a market capitalization sitting at $1.90 billion. At the time of writing, stock’s 50-day Moving Average stood at $11.43, while the 200-day Moving Average is $14.25.
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 94.98% institutional ownership. According to the most recent insider trade that took place on Aug 06 ’24, this organization’s Director bought 15,000 shares at the rate of 11.30, making the entire transaction reach 169,444 in total value, affecting insider ownership by 84,227.
O-I Glass Inc (OI) Earnings and Revenue Records
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.21 per share during the current fiscal year.
O-I Glass Inc’s EPS decrease for this current 12-month fiscal period is -63.04% and is forecasted to reach 1.89 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 0.75. The Stock has managed to achieve an average true range (ATR) of 0.59. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.28.
In the same vein, OI’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -1.91, a figure that is expected to reach 0.04 in the next quarter, and analysts are predicting that it will be 1.89 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 1.87 million that shows progress from its year to date volume of 1.81 million. During the previous 9 days, stock’s Stochastic %D was recorded 59.55% While, its Average True Range was 0.62.
Raw Stochastic average of O-I Glass Inc (OI) in the period of the previous 100 days is set at 28.93%, which indicates a major fall in contrast to 50.37% 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 84.59% that was higher than 53.24% volatility it exhibited in the past 100-days period.
