Olo Inc. (NYSE:OLO) went down by -4.68% from its latest closing price compared to the recent 1-year high of $49.00. The company’s stock price has collected 0.74% of gains in the last five trading sessions. MarketWatch.com reported on 03/17/21 that Olo, maker of restaurant-ordering tech, pops 39% from increased IPO price
Is It Worth Investing in Olo Inc. (NYSE :OLO) Right Now?
Opinions of the stock are interesting as 6 analysts out of 6 who provided ratings for Olo 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 $17.80, which is $7.43 above the current price. OLO currently public float of 77.71M and currently shorts hold a 14.89% ratio of that float. Today, the average trading volume of OLO was 1.53M shares.
OLO’s Market Performance
OLO stocks went up by 0.74% for the week, with a monthly drop of -12.20% and a quarterly performance of -26.67%, while its annual performance rate touched -74.44%. The volatility ratio for the week stands at 7.97% while the volatility levels for the past 30 days are set at 6.83% for Olo Inc. The simple moving average for the period of the last 20 days is -8.70% for OLO stocks with a simple moving average of -50.86% for the last 200 days.
Analysts’ Opinion of OLO
Many brokerage firms have already submitted their reports for OLO stocks, with Stifel repeating the rating for OLO by listing it as a “Buy.” The predicted price for OLO in the upcoming period, according to Stifel is $41 based on the research report published on August 11th of the previous year 2021.
Truist gave a rating of “Buy” to OLO, setting the target price at $34 in the report published on April 12th of the previous year.
OLO Trading at -11.47% from the 50-Day Moving Average
After a stumble in the market that brought OLO to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -80.47% of loss for the given period.
Volatility was left at 6.83%, however, over the last 30 days, the volatility rate increased by 7.97%, as shares sank -14.17% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -23.93% lower at present.
During the last 5 trading sessions, OLO rose by +0.74%, which changed the moving average for the period of 200-days by -74.17% in comparison to the 20-day moving average, which settled at $10.40. In addition, Olo Inc. saw -54.01% in overturn over a single year, with a tendency to cut further losses.
Reports are indicating that there were more than several insider trading activities at OLO starting from Hahnfeld Marty D., who sale 19,325 shares at the price of $10.70 back on Jun 09. After this action, Hahnfeld Marty D. now owns 603,292 shares of Olo Inc., valued at $206,787 using the latest closing price.
Hahnfeld Marty D., the Chief Customer Officer of Olo Inc., sale 19,325 shares at $11.09 during a trade that took place back on Jun 08, which means that Hahnfeld Marty D. is holding 603,292 shares at $214,305 based on the most recent closing price.
Stock Fundamentals for OLO
Current profitability levels for the company are sitting at:
- -16.83 for the present operating margin
- +79.40 for the gross margin
The net margin for Olo Inc. stands at -28.30. Equity return is now at value -4.30, with -3.90 for asset returns.
The liquidity ratio also appears to be rather interesting for investors as it stands at 11.55.