The 36-month beta value for OTLY is also noteworthy at 2.10. 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 at present, short sellers hold a 3.38% of that float. The average trading volume of OTLY on June 27, 2024 was 1.60M shares.
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OTLY) stock’s latest price update
The stock of Oatly Group AB ADR (NASDAQ: OTLY) has increased by 1.60 when compared to last closing price of 0.94.Despite this, the company has seen a gain of 0.82% in its stock price over the last five trading days. globenewswire.com reported 2024-06-27 that Company Becomes “Official Performance Partner” For Men’s and Women’s Teams and co-title partner on the women’s team, now riding as “EF-Oatly-Cannondale” Company Becomes “Official Performance Partner” For Men’s and Women’s Teams and co-title partner on the women’s team, now riding as “EF-Oatly-Cannondale”
OTLY’s Market Performance
Oatly Group AB ADR (OTLY) has experienced a 0.82% rise in stock performance for the past week, with a -11.03% drop in the past month, and a -12.66% drop in the past quarter. The volatility ratio for the week is 4.07%, and the volatility levels for the past 30 days are at 4.09% for OTLY. The simple moving average for the past 20 days is -4.82% for OTLY’s stock, with a -4.77% 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 -10.95% 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 -58.97% of loss for the given period.
Volatility was left at 4.09%, however, over the last 30 days, the volatility rate increased by 4.07%, as shares sank -9.92% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +5.56% upper at present.
During the last 5 trading sessions, OTLY rose by +1.12%, which changed the moving average for the period of 200-days by -6.38% in comparison to the 20-day moving average, which settled at $0.9949. In addition, Oatly Group AB ADR saw -19.32% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for OTLY
Current profitability levels for the company are sitting at:
- -0.27 for the present operating margin
- 0.22 for the gross margin
The net margin for Oatly Group AB ADR stands at -0.49. The total capital return value is set at -0.46. 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 0.63 points at debt to capital in total, while cash flow to debt ratio is standing at -0.29. The debt to equity ratio resting at 1.73. The interest coverage ratio of the stock is -2.27.
Currently, EBITDA for the company is -175.67 million with net debt to EBITDA at -2.14. When we switch over and look at the enterprise to sales, we see a ratio of 1.14. The receivables turnover for the company is 6.06for trailing twelve months and the total asset turnover is 0.76. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.75.
Conclusion
In summary, Oatly Group AB ADR (OTLY) 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.
