Olin Corp (OLN) current stock price is $19.23. During the last trading session, the stock soared, reaching $31.0 after opening at $19.23. The stock’s lowest point was $20.0 before it closed at $18.41.
Olin Corp had a pretty Dodgy run when it comes to the market performance.
52-week price history of OLN Stock
A stock’s 52-week high and low prices can reveal a great deal about its present condition and potential future performance. Olin Corp’s current trading price is -61.23% away from its 52-week high, while its distance from the 52-week low is 8.89%. The stock’s price range during this period has fluctuated between $17.66 and $49.60. Shares of the company, which operates in the Basic Materials sector, recorded a trading volume of around 3.47 million for the day, which was evidently higher than the average daily volume of 2.23 million over the last three months.
Financial Performance and Market Capitalization
Olin Corp (OLN) has experienced a quarterly decline of -5.69% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 2.20B and boasts a workforce of 7676 employees.
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.
Moving average and trading volume data
OLN 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 OLN stands at 1.68. Similarly, the long-term debt-to-equity ratio is also 1.64.
OLN Stock Stochastic Average
The raw stochastic average for Olin Corp over the last 50 days is presently at 68.28%. This reflects a surge from the raw stochastic average of the previous 20 days, which was noted at 60.93%. Further, the company’s Stochastic %K and %D values for the last 20 days were 39.28% and 28.71%, respectively.
OLN Stock Price Performance Analysis
A mixed performance in the stock price over the year has left investors unsure of what to expect, resulting in a range of outlooks from optimistic to pessimistic. Until today this year the stock’s price performance recorded a decrease of -53.57%. However, over the last six months, the performance has been stronger by -28.00%. The price of OLN decreased -13.30% over the last 30 days. And in the last five days, it has surged by 1.53%.
