logo

ODDITY Tech Ltd.: Rising -32.50% from 52-Week Low, Can the Stock Stay Afloat?

52-week price history of ODD Stock

Analyzing the 52-week price history of a stock, including its high and low prices, can provide valuable insight into its current status and potential future performance. ODDITY Tech Ltd.’s current trading price is -32.50% away from its 52-week high, while its distance from the 52-week low is 56.72%. The stock’s price range for this period has remained between $24.12 and $56.00. The Technology sector company’s shares managed to surpass a trading volume of around 1.47 million for the day, which was noticeably higher compared to the shares’ average daily volume of 0.88 million over the last three months.

Financial Performance and Market Capitalization

ODDITY Tech Ltd. (ODD) has experienced a quarterly decline of -15.79% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 2.15B and boasts a workforce of 342 employees.

Moving average and trading volume data

Based on Barchart.com data, the company’s moving average over the 100-day period was 41.22, with a change in price of +6.42. Similarly, ODDITY Tech Ltd. recorded 733,218 in trading volume during the last 100 days, posting a change of +20.46%.

ODD Debt-to-equity ratio analysis

The debt-to-equity (D/E) ratio is a valuable metric that offers insight into a company’s financial health and standing in the market. This ratio is calculated by dividing a company’s current total liabilities by its shareholders’ equity. The D/E ratio illustrates the extent of debt a company is utilizing to support its assets in relation to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for ODD stands at 0.04. Similarly, the long-term debt-to-equity ratio is also 0.03.

ODD Stock Stochastic Average

As of today, the raw stochastic average of ODDITY Tech Ltd. over the past 50 days is 1.37%. This is a increase compared to the raw stochastic average of the last 20 days, which was recorded at 0.18%. Additionally, the Stochastic %K and %D values for the company were 5.61% and 14.33%, respectively, over the past 20 days.

ODD Stock Price Performance Analysis

A mixed performance in the stock price over the year has left investors with either an optimistic or pessimistic outlook, depending on their point of view. The index has shown a price loss of -18.76% this year. Over the last six months, there has been a weaker performance of 34.62%. The price of ODD leaped by -18.53% during the last 30 days period. For the last 5-days stocks have slided -9.53%.