A new trading day began on Tuesday, with O-I Glass Inc (NYSE: OI) stock price down -0.84% from the previous day of trading, before settling in for the closing price of $13.02. OI’s price has ranged from $10.08 to $20.29 over the past 52 weeks.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Consumer Cyclical sector was 0.84%. Meanwhile, its annual earnings per share averaged -63.04%. With a float of $152.50 million, this company’s outstanding shares have now reached $154.25 million.
Considering the fact that the conglomerate employs 23000 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 17.28%, operating margin of 8.95%, and the pretax margin is -2.03%.
O-I Glass Inc (OI) 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 Packaging & Containers Industry. The insider ownership of O-I Glass Inc is 1.84%, while institutional ownership is 95.60%. The most recent insider transaction that took place on Aug 15 ’24, was worth 97,991. In this transaction SVP & Chief Financial Officer of this company bought 8,000 shares at a rate of $12.25, taking the stock ownership to the 350,846 shares. Before that another transaction happened on Aug 06 ’24, when Company’s Director bought 15,000 for $11.30, making the entire transaction worth $169,444. This insider now owns 84,227 shares in total.
O-I Glass Inc (OI) Recent Fiscal highlights
According to the Wall Street analysts, stocks earnings will be around -63.04% per share during the next fiscal year.
O-I Glass Inc (NYSE: OI) Trading Performance Indicators
Here are O-I Glass Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 0.75. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.30.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.91, a number that is poised to hit 0.04 in the next quarter and is forecasted to reach 1.89 in one year’s time.
Technical Analysis of O-I Glass Inc (OI)
Compared to the last year’s volume of 1.78 million, its volume of 1.18 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 88.26%. Additionally, its Average True Range was 0.49.
During the past 100 days, O-I Glass Inc’s (OI) raw stochastic average was set at 46.32%, which indicates a significant decrease from 85.65% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 38.37% in the past 14 days, which was lower than the 52.09% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $11.51, while its 200-day Moving Average is $14.16. Nevertheless, the first resistance level for the watch stands at $13.05 in the near term. At $13.19, the stock is likely to face the second major resistance level. The third major resistance level sits at $13.36. If the price goes on to break the first support level at $12.73, it is likely to go to the next support level at $12.56. Now, if the price goes above the second support level, the third support stands at $12.42.
O-I Glass Inc (NYSE: OI) Key Stats
With a market capitalization of 2.01 billion, the company has a total of 155,722K Shares Outstanding. Currently, annual sales are 7,105 M while annual income is -103,000 K. The company’s previous quarter sales were 1,729 M while its latest quarter income was 57,000 K.
