Overstock.com, Inc. (NASDAQ:OSTK) went down by -7.62% from its latest closing price when compared to the 1-year high value of $128.50 and move down -57.3%, while OSTK stocks collected -25.41% of loss with the last five trading sessions. Press Release reported 1 hour ago that tZERO ATS Introduces Zero Trading Fees for Registered Digital Securities
Overstock.com, Inc. (NASDAQ:OSTK) Worth an Investment?
Overstock.com, Inc. (NASDAQ: OSTK) The 36 Months beta value for OSTK stocks is at 4.53, while 3 of the analysts out of 3 who provided ratings for Overstock.com, Inc. stocks as a “buy” while 0 as overweight, 0 rated it as hold and 0 as sell. The average price we get from analysts is $121.50 which is $39.81 above current price. OSTK currently has a short float of 11.76% and public float of 38.17M with average trading volume of 5.83M shares.
OSTK Market Performance
OSTK stocks went down by -25.41% for the week, with the monthly drop of -0.86% and a quarterly performance of 264.04%, while its annual performance rate touched 432.18%. The simple moving average for the period of the last 20 days is -20.81% for OSTK stocks with the simple moving average of 225.02% for the last 200 days.
Analysts’ Opinion on Overstock.com, Inc. (NASDAQ:OSTK)
Many brokerage firms have already submitted their reports for OSTK stocks, with Piper Sandler repeating the rating for OSTK shares by setting it to “Overweight”. The predicted price for OSTK socks in the upcoming period according to Piper Sandler is $140 based on the research report published on August 17, 2020.
DA Davidson, on the other hand, stated in their research note that they expect to see OSTK stock at the price of $66, previously predicting the value of $33. The rating they have provided for OSTK stocks is “Buy” according to the report published on July 2, 2020.
Maxim Group gave “Buy” rating to OSTK stocks, setting the target price at $40 in the report published on August 9, 2019.
OSTK Stocks 16.70% Far from 50 Day Moving Average
After a stumble in the market that brought OSTK to its low price for the period of the last 52 weeks, Overstock.com, Inc. was unable to take a rebound, for now settling with -36.43% of loss for the given period.
The stock volatility was left at 12.41%, however, within the period of a single month, the volatility rate increased by 13.55%, while the shares sank at the distance of -12.96% for the moving average in the last 20 days. In oppose to the moving average for the last 50 days, trading by +215.28% upper at the present time.
In the course of the last 5 trading sessions, OSTK went down by -25.41%, which changed the moving average for the period of 200 days to the total of +880.67% of gains for the stock in comparison to the 20-day moving average settled at $102.55. In addition, Overstock.com, Inc. saw 1058.72% in overturn over the period of a single year with a tendency to cut further gains.
OSTK Stock Insider Trading
Reports are indicating that there were more than several insider trading activities at Overstock.com, Inc. (OSTK), starting from Mathews Krista Jean, who sold 860 shares at the price of $124.56 back on Aug 19. After this action, Rushing now owns 882 shares of Overstock.com, Inc., valued at $107,119 with the latest closing price.
Weight Joel, the Chief Technology Officer of Overstock.com, Inc., sold 435 shares at the value of $114.91 during a trade that took place back on Aug 18, which means that Weight Joel is holding 0 shares at the value of $49,985 based on the most recent closing price.
OSTK Stock Fundamentals
The current profitability levels are settled at -8.57 for the present operating margin and +18.10 for gross margin. The net margin for Overstock.com, Inc. stands at -8.23. Total capital return value is set at -59.56, while invested capital returns managed to touch -88.54. Equity return holds the value -33.90%, with -8.10% for asset returns.
Based on Overstock.com, Inc. (OSTK), the company’s capital structure generated 24.47 points for debt to equity in total, while total debt to capital is set at the value of 19.66. Total debt to assets is settled at the value of 6.74 with long-term debt to equity ratio rests at -365.51 and long-term debt to capital is 18.73.
The value for Enterprise to Sales is 0.14 with debt to enterprise value settled at 0.13. The receivables turnover for Overstock.com, Inc. is 45.77 with the total asset turnover at the value of 3.32. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.82.