O-I Glass Inc (NYSE: OI) on Monday, soared 0.98% from the previous trading day, before settling in for the closing price of $11.24. Within the past 52 weeks, OI’s price has moved between $10.08 and $17.58.
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During the last 5-year period, the sales growth of Consumer Cyclical Sector giant was 0.84%. The company achieved an average annual earnings per share of -74.56%. With a float of $151.73 million, this company’s outstanding shares have now reached $154.25 million.
Let’s determine the extent of company efficiency that accounts for 23000 employees. In terms of profitability, gross margin is 15.35%, operating margin of 7.21%, and the pretax margin is -4.15%.
O-I Glass Inc (OI) Breakdown of a Key Holders of the stock
Observing investor behavior towards Packaging & Containers industry stocks is more important than anything else. The insider ownership of O-I Glass Inc is 1.89%, while institutional ownership is 95.76%. 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
As on 9/30/2024, Multinational firm has announced its last quarter scores, in which it reported 0.12 earnings per share (EPS) for the period topping the consensus outlook (set at 0.03) by 0.09. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.25 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -74.56% per share during the next fiscal year.
O-I Glass Inc (NYSE: OI) Trading Performance Indicators
O-I Glass Inc (OI) is currently performing well based on its current performance indicators. A quick ratio of 0.77 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.27.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -2.75, a number that is poised to hit -0.08 in the next quarter and is forecasted to reach 1.50 in one year’s time.
Technical Analysis of O-I Glass Inc (OI)
Looking closely at O-I Glass Inc (NYSE: OI), its last 5-days average volume was 2.4 million, which is a jump from its year-to-date volume of 1.69 million. As of the previous 9 days, the stock’s Stochastic %D was 8.87%. Additionally, its Average True Range was 0.47.
During the past 100 days, O-I Glass Inc’s (OI) raw stochastic average was set at 36.08%, which indicates a significant increase from 12.81% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 49.20% in the past 14 days, which was higher than the 47.00% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $12.64, while its 200-day Moving Average is $13.48. However, in the short run, O-I Glass Inc’s stock first resistance to watch stands at $11.50. Second resistance stands at $11.66. The third major resistance level sits at $11.82. If the price goes on to break the first support level at $11.19, it is likely to go to the next support level at $11.03. Now, if the price goes above the second support level, the third support stands at $10.87.
O-I Glass Inc (NYSE: OI) Key Stats
Market capitalization of the company is 1.78 billion based on 154,647K outstanding shares. Right now, sales total 7,105 M and income totals -103,000 K. The company made 1,729 M in profit during its latest quarter, and 57,000 K in sales during its previous quarter.
