O-I Glass Inc (OI) volume hits 2.23 million: A New Opening for Investors

O-I Glass Inc (NYSE: OI) started the day on Thursday, with a price decrease of -3.81% at $11.11, before settling in for the price of $11.55 at the close. Taking a more long-term approach, OI posted a 52-week range of $10.08-$17.58.

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The Consumer Cyclical Sector giants’ yearly sales growth during the last 5-year period was 0.84%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -72.15%. This publicly-traded company’s shares outstanding now amounts to $154.25 million, simultaneously with a float of $152.43 million. The organization now has a market capitalization sitting at $1.73 billion. At the time of writing, stock’s 50-day Moving Average stood at $12.69, while the 200-day Moving Average is $13.52.

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 1.89%, in contrast to 95.27% institutional ownership. According to the most recent insider trade that took place on Aug 15 ’24, this organization’s SVP & Chief Financial Officer bought 8,000 shares at the rate of 12.25, making the entire transaction reach 97,991 in total value, affecting insider ownership by 350,846. Preceding that transaction, on Aug 06 ’24, Company’s Director bought 15,000 for 11.30, making the whole transaction’s value amount to 169,444. This particular insider is now the holder of 84,227 in total.

O-I Glass Inc (OI) Earnings and Revenue Records

O-I Glass Inc’s EPS decrease for this current 12-month fiscal period is -72.15% and is forecasted to reach 1.58 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 0.49. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.26.

In the same vein, OI’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -2.75, a figure that is expected to reach -0.01 in the next quarter, and analysts are predicting that it will be 1.58 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 2.33 million that shows progress from its year to date volume of 1.69 million. During the previous 9 days, stock’s Stochastic %D was recorded 14.44% While, its Average True Range was 0.51.

Raw Stochastic average of O-I Glass Inc (OI) in the period of the previous 100 days is set at 29.26%, which indicates a major rise in contrast to 1.29% 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 47.67% that was higher than 47.07% volatility it exhibited in the past 100-days period.