The 36-month beta value for OLO is also noteworthy at 1.30. There are mixed opinions on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 rating it as “hold,” and 0 rating it as “sell.”
The public float for OLO is 101.02M, and at present, short sellers hold a 2.78% of that float. The average trading volume of OLO on May 02, 2024 was 960.83K shares.
OLO) stock’s latest price update
Olo Inc (NYSE: OLO) has seen a rise in its stock price by 2.50 in relation to its previous close of 4.80. However, the company has experienced a 0.20% gain in its stock price over the last five trading sessions. The Dog of Wall Street reported 2024-04-27 that Here are two stocks that are currently less trading in the single digits that I believe have some relative upside from their current prices.
OLO’s Market Performance
Olo Inc (OLO) has seen a 0.20% rise in stock performance for the week, with a -5.93% decline in the past month and a -4.84% plunge in the past quarter. The volatility ratio for the week is 3.70%, and the volatility levels for the past 30 days are at 2.96% for OLO. The simple moving average for the past 20 days is -0.66% for OLO’s stock, with a -14.00% simple moving average for the past 200 days.
Analysts’ Opinion of OLO
Many brokerage firms have already submitted their reports for OLO stocks, with Lake Street repeating the rating for OLO by listing it as a “Buy.” The predicted price for OLO in the upcoming period, according to Lake Street is $7.50 based on the research report published on December 15, 2023 of the previous year 2023.
Piper Sandler gave a rating of “Overweight” to OLO, setting the target price at $9 in the report published on July 20th of the previous year.
OLO Trading at -7.90% 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 -44.34% of loss for the given period.
Volatility was left at 2.96%, however, over the last 30 days, the volatility rate increased by 3.70%, as shares sank -5.20% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -16.18% lower at present.
During the last 5 trading sessions, OLO rose by +0.20%, which changed the moving average for the period of 200-days by -24.31% in comparison to the 20-day moving average, which settled at $4.94. In addition, Olo Inc saw -13.99% 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 OLO starting from Benevides Peter J., who sale 18,885 shares at the price of $5.60 back on Mar 06 ’24. After this action, Benevides Peter J. now owns 435,192 shares of Olo Inc, valued at $105,671 using the latest closing price.
Glass Noah H., the CEO of Olo Inc, sale 16,571 shares at $5.60 during a trade that took place back on Mar 06 ’24, which means that Glass Noah H. is holding 332,971 shares at $92,718 based on the most recent closing price.
Stock Fundamentals for OLO
Current profitability levels for the company are sitting at:
- -0.33 for the present operating margin
- 0.61 for the gross margin
The net margin for Olo Inc stands at -0.26. The total capital return value is set at -0.11. Equity return is now at value -8.64, with -7.68 for asset returns.
Based on Olo Inc (OLO), the company’s capital structure generated 0.03 points at debt to capital in total, while cash flow to debt ratio is standing at -0.35. The debt to equity ratio resting at 0.03. The interest coverage ratio of the stock is -360.98.
Currently, EBITDA for the company is -40.71 million with net debt to EBITDA at 5.96. When we switch over and look at the enterprise to sales, we see a ratio of 2.33. The receivables turnover for the company is 3.23for trailing twelve months and the total asset turnover is 0.31. The liquidity ratio also appears to be rather interesting for investors as it stands at 5.78.
Conclusion
In summary, Olo Inc (OLO) has had a bad 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.
