A new trading day began on Monday, with O-I Glass Inc (NYSE: OI) stock price down -2.19% from the previous day of trading, before settling in for the closing price of $11.40. OI’s price has ranged from $10.08 to $17.58 over the past 52 weeks.
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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%. Meanwhile, its annual earnings per share averaged -74.55%. With a float of $151.59 million, this company’s outstanding shares have now reached $154.65 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
As we move forward, let’s examine how large-scale investors are investing in this stock of the Packaging & Containers Industry. The insider ownership of O-I Glass Inc is 1.98%, while institutional ownership is 96.64%. 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
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.28 per share during the current fiscal year.
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
Here are O-I Glass Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 0.77. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.26.
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 1.65 million, its volume of 1.44 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 5.26%. Additionally, its Average True Range was 0.43.
During the past 100 days, O-I Glass Inc’s (OI) raw stochastic average was set at 9.93%, which indicates a significant increase from 0.51% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 19.53% in the past 14 days, which was lower than the 48.76% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $12.45, while its 200-day Moving Average is $12.97. Nevertheless, the first resistance level for the watch stands at $11.41 in the near term. At $11.66, the stock is likely to face the second major resistance level. The third major resistance level sits at $11.80. If the price goes on to break the first support level at $11.02, it is likely to go to the next support level at $10.88. Now, if the price goes above the second support level, the third support stands at $10.63.
O-I Glass Inc (NYSE: OI) Key Stats
With a market capitalization of 1.71 billion, the company has a total of 154,647K Shares Outstanding. Currently, annual sales are 7,105 M while annual income is -103,000 K. The company’s previous quarter sales were 1,679 M while its latest quarter income was -80,000 K.
