The stock of Old Republic International Corporation (ORI) has gone down by -4.84% for the week, with a -10.07% drop in the past month and a -0.08% drop in the past quarter. The volatility ratio for the week is 2.57%, and the volatility levels for the past 30 days are 1.70% for ORI. The simple moving average for the last 20 days is -6.93% for ORI stock, with a simple moving average of 3.47% for the last 200 days.
Is It Worth Investing in Old Republic International Corporation (NYSE: ORI) Right Now?
The price-to-earnings ratio for Old Republic International Corporation (NYSE: ORI) is above average at 10.47x, while the 36-month beta value is 0.83.Analysts have differing opinions on the stock, with 0 analysts rating it as a “buy,” 1 as “overweight,” 2 as “hold,” and 0 as “sell.”
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The average price point forecasted by analysts for Old Republic International Corporation (ORI) is $29.00, which is $4.99 above the current market price. The public float for ORI is 281.09M, and currently, short sellers hold a 1.14% ratio of that floaft. The average trading volume of ORI on March 16, 2023 was 1.50M shares.
ORI) stock’s latest price update
Old Republic International Corporation (NYSE: ORI)’s stock price has decreased by -2.79 compared to its previous closing price of 24.70. Despite this, the company has seen a loss of -4.84% in its stock price over the last five trading days.
Analysts’ Opinion of ORI
The stock of Old Republic International Corporation (ORI) has gone down by -4.84% for the week, with a -10.07% drop in the past month and a -0.08% drop in the past quarter. The volatility ratio for the week is 2.57%, and the volatility levels for the past 30 days are 1.70% for ORI. The simple moving average for the last 20 days is -6.93% for ORI stock, with a simple moving average of 3.47% 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 -5.46% 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 -10.14% of loss for the given period.
Volatility was left at 1.70%, however, over the last 30 days, the volatility rate increased by 2.57%, as shares sank -8.98% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -0.58% lower at present.
During the last 5 trading sessions, ORI fell by -4.84%, which changed the moving average for the period of 200-days by +2.61% in comparison to the 20-day moving average, which settled at $25.68. In addition, Old Republic International Corporation saw -0.58% in overturn over a single year, with a tendency to cut further losses.
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 a nutshell, Old Republic International Corporation (ORI) has experienced a bad performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. 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.
