Overstock.com Inc. (NASDAQ:OSTK) went up by 16.71% from its latest closing price compared to the recent 1-year high of $128.50. The company’s stock price has collected 12.94% of gains in the last five trading sessions. Press Release reported 14 hours ago that Overstock Announces Canadian Broker-Dealer Echelon Can Now Trade Digital Preferred Shares, OSTKO
Is It Worth Investing in Overstock.com Inc. (NASDAQ :OSTK) Right Now?
Overstock.com Inc. (NASDAQ:OSTK) scored a price-to-earnings ratio above its average ratio, recording 253.89 x from its present earnings ratio. Plus, the 36-month beta value for OSTK is at 4.51. Opinions of the stock are interesting as 5 analysts out of 5 who provided ratings for Overstock.com Inc. declared the stock was a “buy,” while 0 rated the stock as “overweight,” 0 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $102.60. OSTK currently public float of 40.50M and currently shorts hold a 17.49% ratio of that float. Today, the average trading volume of OSTK was 3.56M shares.
OSTK’s Market Performance
OSTK stocks went up by 12.94% for the week, with a monthly jump of 7.04% and a quarterly performance of -25.51%, while its annual performance rate touched 658.50%. The volatility ratio for the week stands at 10.28% while the volatility levels for the past 30 days are set at 8.51% for Overstock.com Inc.. The simple moving average for the period of the last 20 days is 7.46% for OSTK stocks with a simple moving average of 17.56% for the last 200 days.
Analysts’ Opinion of OSTK
Many brokerage firms have already submitted their reports for OSTK stocks, with Wedbush repeating the rating for OSTK by listing it as a “Outperform.” The predicted price for OSTK in the upcoming period, according to Wedbush is $92 based on the research report published on September 16th of the previous year 2020.
Credit Suisse, on the other hand, stated in their research note that they expect to see OSTK reach a price target of $91. The rating they have provided for OSTK stocks is “Outperform” according to the report published on September 16th, 2020.
Needham gave a rating of “Buy” to OSTK, setting the target price at $96 in the report published on September 14th of the previous year.
OSTK Trading at 3.19% from the 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, the company was unable to rebound, for now settling with -52.78% of loss for the given period.
Volatility was left at 8.51%, however, over the last 30 days, the volatility rate increased by 10.28%, as shares surge +9.37% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -2.46% lower at present.
During the last 5 trading sessions, OSTK rose by +12.94%, which changed the moving average for the period of 200-days by +1,216.27% in comparison to the 20-day moving average, which settled at $56.73. In addition, Overstock.com Inc. saw 26.50% in overturn over a single year, with a tendency to cut further gains.
Reports are indicating that there were more than several insider trading activities at OSTK starting from Nickle Eric Glen, who sale 500 shares at the price of $69.02 back on Nov 30. After this action, Nickle Eric Glen now owns 6,747 shares of Overstock.com Inc., valued at $34,511 using the latest closing price.
Nielsen David J., the President, Retail of Overstock.com Inc., sale 1,300 shares at $68.13 during a trade that took place back on Nov 25, which means that Nielsen David J. is holding 6,823 shares at $88,565 based on the most recent closing price.
Stock Fundamentals for OSTK
Current profitability levels for the company are sitting at:
- -8.57 for the present operating margin
- +18.10 for the gross margin
The net margin for Overstock.com Inc. stands at -8.23. The total capital return value is set at -59.56, while invested capital returns managed to touch -88.54. Equity return is now at value 14.40, with 4.30 for asset returns.
Based on Overstock.com Inc. (OSTK), the company’s capital structure generated 24.47 points at debt to equity in total, while total debt to capital is 19.66. Total debt to assets is 6.74, with long-term debt to equity ratio resting at 18.73. Finally, the long-term debt to capital ratio is 15.05.
When we switch over and look at the enterprise to sales, we see a ratio of 0.14, with the company’s debt to enterprise value settled at 0.13. The receivables turnover for the company is 45.77 and the total asset turnover is 3.32. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.82.