The price-to-earnings ratio for Old Republic International Corporation (NYSE: ORI) is above average at 10.77x. The 36-month beta value for ORI is also noteworthy at 0.83. There are mixed opinions on the stock, with 0 analysts rating it as a “buy,” 1 rating it as “overweight,” 2 rating it as “hold,” and 0 rating it as “sell.”
The average price estimated by analysts for ORI is $29.00, which is $4.3 above than the current price. The public float for ORI is 281.09M, and at present, short sellers hold a 1.14% of that float. The average trading volume of ORI on March 15, 2023 was 1.49M shares.
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ORI) stock’s latest price update
Old Republic International Corporation (NYSE: ORI)’s stock price has increased by 3.35 compared to its previous closing price of 23.90. However, the company has experienced a -3.02% decline in its stock price over the last five trading sessions.
ORI’s Market Performance
Old Republic International Corporation (ORI) has experienced a -3.02% fall in stock performance for the past week, with a -6.26% drop in the past month, and a 2.96% rise in the past quarter. The volatility ratio for the week is 2.36%, and the volatility levels for the past 30 days are at 1.63% for ORI. The simple moving average for the last 20 days is -4.62% for ORI stock, with a simple moving average of 6.50% for the last 200 days.
Analysts’ Opinion of ORI
Many brokerage firms have already submitted their reports for ORI stocks, with Raymond James repeating the rating for ORI by listing it as a “Outperform.” The predicted price for ORI in the upcoming period, according to Raymond James is $28 based on the research report published on April 29th of the previous year 2022.
ORI Trading at -2.71% from the 50-Day Moving Average
After a stumble in the market that brought ORI to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -7.56% of loss for the given period.
Volatility was left at 1.63%, however, over the last 30 days, the volatility rate increased by 2.36%, as shares sank -7.49% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +1.81% upper at present.
During the last 5 trading sessions, ORI fell by -3.02%, which changed the moving average for the period of 200-days by +6.05% in comparison to the 20-day moving average, which settled at $25.80. In addition, Old Republic International Corporation saw 2.28% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at ORI starting from KENNEDY MICHAEL DENARD, who purchase 295 shares at the price of $24.13 back on Jan 03. After this action, KENNEDY MICHAEL DENARD now owns 10,272 shares of Old Republic International Corporation, valued at $7,118 using the latest closing price.
KENNEDY MICHAEL DENARD, the Director of Old Republic International Corporation, purchase 295 shares at $24.48 during a trade that took place back on Dec 01, which means that KENNEDY MICHAEL DENARD is holding 9,977 shares at $7,222 based on the most recent closing price.
Stock Fundamentals for ORI
Current profitability levels for the company are sitting at:
- +11.43 for the present operating margin
The net margin for Old Republic International Corporation stands at +8.49. Equity return is now at value 11.00, with 2.70 for asset returns.
The liquidity ratio also appears to be rather interesting for investors as it stands at 0.32.
Conclusion
In summary, Old Republic International Corporation (ORI) has had a mixed performance as of late. Analysts have mixed opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
