Olin Corp (OLN) stock is currently valued at $20.54. During the last session, the stock experienced a remarkable rise, reaching $34.0 after opening at $20.51. The stock briefly dropped to $20.0 before ultimately closing at $20.88.
In terms of market performance, Olin Corp had a fairly uneven.
52-week price history of OLN Stock
Studying a stock’s 52-week price history, which includes both low and high prices, can help gauge its current status and potential future performance. Olin Corp’s current trading price is -59.42% away from its 52-week high, while its distance from the 52-week low is 16.31%. The stock’s price range during the 52-week period has remained between $17.66 and $50.61. In the Basic Materials sector, the company’s shares saw a trading volume of around 0.8 million for the day, which was evidently lower than the average daily volume of 1.94 million over the past three months.
Market Capitalization and Financial Performance: An In-Depth Look
Olin Corp (OLN) has experienced a quarterly rise of 0.83% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 2.36B and boasts a workforce of 7676 employees.
A Closer Look at Analysts’ Ratings for Olin Corp
As of right now, 3 analysts are rating Olin Corp as a BUY, 0 of the polled analysts branded the stock as an OVERWEIGHT, 11 analysts are recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 1 analyst is rating the stock as SELL.
Making Sense of Trading Volume and Moving Average Data
Based on Barchart.com data, the company’s moving average over the 100-day period was 21.87, with a change in price of -5.88. Similarly, Olin Corp recorded 1,979,897 in trading volume during the last 100 days, posting a change of -22.16%.
Examining OLN’s Debt-to-Equity Ratio: What You Need to Know
The debt-to-equity (D/E) ratio is a crucial measure that sheds light on a company’s financial health and market standing. It is determined by dividing a company’s overall liabilities by its shareholders’ equity, showing the extent of a company’s debt usage in financing its assets compared to the shareholders’ equity. At the time of writing, the total D/E ratio for OLN stands at 1.66. Similarly, the long-term debt-to-equity ratio is also 1.62.
OLN Stock Stochastic Average
Olin Corp’s raw stochastic average for the past 50 days is presently 38.20%, as of today. This marks a decrease from the raw stochastic average of the last 20 days, which was 40.28%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 40.36% and 43.13%, respectively.
OLN Stock Price Performance Analysis
The stock price’s performance over the year has been unpredictable, resulting in a mix of pessimistic and optimistic outlooks among investors. Until today this year the stock’s price performance recorded a decrease of -59.09%. However, over the last six months, the performance has been stronger by -38.72%. The price of OLN increased 4.05% over the last 30 days. And in the last five days, it has fallen by -6.12%.
