O-I Glass Inc (OI) poses a Brand-New Opportunity for Investors with beta value of 1.21

Witnessing the stock’s movement on the chart, on Thursday, O-I Glass Inc (NYSE: OI) set off with pace as it heaved 2.90% to $13.14, before settling in for the price of $12.77 at the close. Taking a more long-term approach, OI posted a 52-week range of $10.08-$17.58.

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It was noted that the giant of the Consumer Cyclical sector posted annual sales growth of 0.84% over the last 5 years. Nevertheless, stock’s Earnings Per Share (EPS) this year is -74.55%. This publicly-traded company’s shares outstanding now amounts to $154.25 million, simultaneously with a float of $151.72 million. The organization now has a market capitalization sitting at $2.03 billion. At the time of writing, stock’s 50-day Moving Average stood at $12.66, while the 200-day Moving Average is $13.40.

O-I Glass Inc (OI) Ownership Facts and Figures

Nothing is more important than checking the behaviour of major investors towards the stock of the Packaging & Containers industry. O-I Glass Inc’s current insider ownership accounts for 1.90%, in contrast to 98.89% institutional ownership. According to the most recent insider trade that took place on Nov 04 ’24, this organization’s SVP, Chief Admin & Sus Officer bought 13,000 shares at the rate of 11.38, making the entire transaction reach 147,943 in total value, affecting insider ownership by 70,817. Preceding that transaction, on Aug 15 ’24, Company’s SVP & Chief Financial Officer bought 8,000 for 12.25, making the whole transaction’s value amount to 97,991. This particular insider is now the holder of 350,846 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 -74.55% and is forecasted to reach 1.48 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 0.50. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.31.

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 -0.08 in the next quarter, and analysts are predicting that it will be 1.48 at the market close of one year from today.

Technical Analysis of O-I Glass Inc (OI)

Going through the that latest performance of [O-I Glass Inc, OI]. Its last 5-days volume of 1.29 million was inferior to the volume of 1.69 million it revealed a year ago. During the previous 9 days, stock’s Stochastic %D was recorded 78.78% While, its Average True Range was 0.50.

Raw Stochastic average of O-I Glass Inc (OI) in the period of the previous 100 days is set at 86.93%, which indicates a major rise in contrast to 86.07% 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 62.47% that was higher than 49.11% volatility it exhibited in the past 100-days period.