Oatly Group AB ADR (NASDAQ: OTLY)’s stock price has plunge by -1.94relation to previous closing price of 1.29. Nevertheless, the company has seen a 10.00% surge in its stock price over the last five trading sessions. The Motley Fool reported 2024-05-03 that Oatly’s revenue barely grew in Q1, and it didn’t generate a profit. The stock rose due to low expectations for the oat milk brand.
Is It Worth Investing in Oatly Group AB ADR (NASDAQ: OTLY) Right Now?
Additionally, the 36-month beta value for OTLY is 2.21. 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 OTLY is 554.89M and currently, short sellers hold a 3.10% ratio of that float. The average trading volume of OTLY on May 07, 2024 was 2.05M shares.
OTLY’s Market Performance
OTLY’s stock has seen a 10.00% increase for the week, with a 16.06% rise in the past month and a 11.95% gain in the past quarter. The volatility ratio for the week is 8.36%, and the volatility levels for the past 30 days are at 6.65% for Oatly Group AB ADR The simple moving average for the past 20 days is 23.34% for OTLY’s stock, with a 19.15% simple moving average for the past 200 days.
Analysts’ Opinion of OTLY
Many brokerage firms have already submitted their reports for OTLY stocks, with DA Davidson repeating the rating for OTLY by listing it as a “Buy.” The predicted price for OTLY in the upcoming period, according to DA Davidson is $1.50 based on the research report published on March 01, 2024 of the current year 2024.
Morgan Stanley, on the other hand, stated in their research note that they expect to see OTLY reach a price target of $1.25. The rating they have provided for OTLY stocks is “Equal-Weight” according to the report published on February 20th, 2024.
OTLY Trading at 20.98% from the 50-Day Moving Average
After a stumble in the market that brought OTLY to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -47.07% of loss for the given period.
Volatility was left at 6.65%, however, over the last 30 days, the volatility rate increased by 8.36%, as shares surge +16.78% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +10.58% upper at present.
During the last 5 trading sessions, OTLY rose by +8.65%, which changed the moving average for the period of 200-days by -42.15% in comparison to the 20-day moving average, which settled at $1.0346. In addition, Oatly Group AB ADR saw 7.20% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for OTLY
Current profitability levels for the company are sitting at:
- -0.32 for the present operating margin
- 0.19 for the gross margin
The net margin for Oatly Group AB ADR stands at -0.53. The total capital return value is set at -0.47. Equity return is now at value -77.60, with -35.58 for asset returns.
Based on Oatly Group AB ADR (OTLY), the company’s capital structure generated 0.58 points at debt to capital in total, while cash flow to debt ratio is standing at -0.36. The debt to equity ratio resting at 1.38. The interest coverage ratio of the stock is -3.07.
Currently, EBITDA for the company is -175.67 million with net debt to EBITDA at -1.44. When we switch over and look at the enterprise to sales, we see a ratio of 1.32. The receivables turnover for the company is 5.33for trailing twelve months and the total asset turnover is 0.7. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.75.
Conclusion
In conclusion, Oatly Group AB ADR (OTLY) has seen better performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others rating it 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.
