On Monday, O-I Glass Inc (NYSE: OI) was -4.16% drop from the session before settling in for the closing price of $12.97. A 52-week range for OI has been $10.08 – $17.58.
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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%. When this article was written, the company’s average yearly earnings per share was at -74.55%. With a float of $151.63 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 15.21%, operating margin of 7.21%, and the pretax margin is -4.14%.
O-I Glass Inc (OI) Breakdown of a Key Holders of the stock
Also, it is sometimes useful to examine the sentiment of large-scale investors toward O-I Glass Inc stocks. The insider ownership of O-I Glass Inc is 1.95%, while institutional ownership is 96.59%. The most recent insider transaction that took place on Nov 04 ’24, was worth 147,943. In this transaction SVP, Chief Admin & Sus Officer of this company bought 13,000 shares at a rate of $11.38, taking the stock ownership to the 70,817 shares. Before that another transaction happened on Aug 15 ’24, when Company’s SVP & Chief Financial Officer bought 8,000 for $12.25, making the entire transaction worth $97,991. This insider now owns 350,846 shares in total.
O-I Glass Inc (OI) Recent Fiscal highlights
According to the Wall Street analysts, stocks earnings will be around -74.55% per share during the next fiscal year.
O-I Glass Inc (NYSE: OI) Trading Performance Indicators
You can see what O-I Glass Inc (OI) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 0.77. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.29.
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 1.48 in one year’s time.
Technical Analysis of O-I Glass Inc (OI)
Compared to the last year’s volume of 1.69 million, its volume of 1.23 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 54.89%. Additionally, its Average True Range was 0.50.
During the past 100 days, O-I Glass Inc’s (OI) raw stochastic average was set at 66.76%, which indicates a significant increase from 56.55% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 61.99% in the past 14 days, which was higher than the 49.65% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $12.68, while its 200-day Moving Average is $13.38. Nevertheless, the first resistance level for the watch stands at $12.81 in the near term. At $13.20, the stock is likely to face the second major resistance level. The third major resistance level sits at $13.39. If the price goes on to break the first support level at $12.23, it is likely to go to the next support level at $12.04. Now, if the price goes above the second support level, the third support stands at $11.65.
O-I Glass Inc (NYSE: OI) Key Stats
There are 154,647K outstanding shares of the company, which has a market capitalization of 1.90 billion. As of now, sales total 7,105 M while income totals -103,000 K. Its latest quarter income was 1,679 M while its last quarter net income were -80,000 K.
