The 52-week high and low prices can offer valuable insights into a stock’s current standing and prospects for future performance. O-I Glass Inc’s current trading price is -31.74% away from its 52-week high, while its distance from the 52-week low is 18.66%. The stock’s price range for this period has been between $13.56 and $23.57 The company’s shares, which are part of the Consumer Cyclical sector, had a trading volume of approximately 1.65 million for the day, a number notably lower than the average daily volume of 1.71 million over the last three months.
O-I Glass Inc’s market performance has been unstable in recent times. The company’s stock hit a 1-year high of $23.57 on 07/25/23 and a low of $13.56 for the same time frame on 11/01/23.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
O-I Glass Inc (OI) has experienced a quarterly rise of 5.86% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 2.47B and boasts a workforce of 23000 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 15.73, with a change in price of +1.37. Similarly, O-I Glass Inc recorded 1,691,035 in trading volume during the last 100 days, posting a change of +9.31%.
Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis
The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to its shareholders’ equity. At the time of writing, the total D/E ratio for OI stands at 3.22. Similarly, the long-term debt-to-equity ratio is also 3.03.
OI Stock Stochastic Average
As of today, O-I Glass Inc’s raw stochastic average for the last 50 days stands at 58.15%. This is a rise compared to the raw stochastic average of the previous 20 days, which was noted at 41.80%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 73.20% and 78.21%, respectively.
OI Stock Price Performance Analysis
Investors have been left with mixed emotions regarding the stock price performance over the year, as it’s been a mixed bag. Until today this year the stock’s price performance recorded a decrease of -1.77%. However, over the last six months, the performance has been weaker by 0.31%. The price of OI decreased -4.40% over the last 30 days. And in the last five days, it has fallen by -0.62%.
