Olin Corp (NYSE: OLN) kicked off on Friday, down -0.26% from the previous trading day, before settling in for the closing price of $42.70. Over the past 52 weeks, OLN has traded in a range of $39.47-$60.60.
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During the last 5-year period, the sales growth of Basic Materials Sector giant was 3.01%. While this was happening, its average annual earnings per share was recorded -74.81%. With a float of $116.12 million, this company’s outstanding shares have now reached $120.20 million.
Let’s determine the extent of company efficiency that accounts for 7326 employees. In terms of profitability, gross margin is 11.49%, operating margin of 5.2%, and the pretax margin is 2.96%.
Olin Corp (OLN) Insider Activity
Our next focus will be how large-scale investors are participating in this stock of the Chemicals Industry. The insider ownership of Olin Corp is 0.41%, while institutional ownership is 88.40%. The most recent insider transaction that took place on Nov 08 ’24, was worth 459,412. In this transaction VP & Controller of this company sold 10,500 shares at a rate of $43.75, taking the stock ownership to the 24,056 shares. Before that another transaction happened on Nov 08 ’24, when Company’s Officer proposed sale 10,500 for $41.77, making the entire transaction worth $438,585.
Olin Corp (OLN) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around -74.81% per share during the next fiscal year.
Olin Corp (NYSE: OLN) Trading Performance Indicators
Take a look at Olin Corp’s (OLN) current performance indicators. Last quarter, stock had a quick ratio of 0.82. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.76. Likewise, its price to free cash flow for the trailing twelve months is 8.67.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.23, a number that is poised to hit 0.04 in the next quarter and is forecasted to reach 2.81 in one year’s time.
Technical Analysis of Olin Corp (OLN)
Looking closely at Olin Corp (NYSE: OLN), its last 5-days average volume was 0.99 million, which is a drop from its year-to-date volume of 1.2 million. As of the previous 9 days, the stock’s Stochastic %D was 62.22%. Additionally, its Average True Range was 1.19.
During the past 100 days, Olin Corp’s (OLN) raw stochastic average was set at 27.66%, which indicates a significant decrease from 50.46% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 28.55% in the past 14 days, which was lower than the 35.29% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $44.44, while its 200-day Moving Average is $48.88. However, in the short run, Olin Corp’s stock first resistance to watch stands at $43.10. Second resistance stands at $43.61. The third major resistance level sits at $43.89. If the price goes on to break the first support level at $42.32, it is likely to go to the next support level at $42.04. Should the price break the second support level, the third support level stands at $41.53.
Olin Corp (NYSE: OLN) Key Stats
The company with the Market Capitalisation of 4.95 billion has total of 116,596K Shares Outstanding. Its annual sales at the moment are 6,833 M in contrast with the sum of 460,200 K annual income. Company’s last quarter sales were recorded 1,590 M and last quarter income was -24,900 K.
