In the past week, OLO stock has gone up by 0.81%, with a monthly gain of 12.01% and a quarterly plunge of -1.45%. The volatility ratio for the week is 3.08%, and the volatility levels for the last 30 days are 2.80% for Olo Inc The simple moving average for the last 20 days is 6.95% for OLO’s stock, with a simple moving average of -6.14% for the last 200 days.
Is It Worth Investing in Olo Inc (NYSE: OLO) Right Now?
Moreover, the 36-month beta value for OLO is 1.24. Analysts have varying opinions on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
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The public float for OLO is 100.52M and currently, short sellers hold a 2.34% of that float. On July 25, 2024, OLO’s average trading volume was 955.00K shares.
OLO) stock’s latest price update
Olo Inc (NYSE: OLO) has experienced a rise in its stock price by 2.73 compared to its previous closing price of 4.71. However, the company has seen a gain of 0.81% in its stock price over the last five trading days. investorplace.com reported 2024-07-20 that Headlines might say technology stocks have been rallying this year, but it depends on where you look. The Russell 2000 Index, for example, tracks small-t0-midsized capitalization stocks listed in the United States.
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 6.20% 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 -45.26% of loss for the given period.
Volatility was left at 2.80%, however, over the last 30 days, the volatility rate increased by 3.08%, as shares surge +10.74% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +2.68% upper at present.
During the last 5 trading sessions, OLO fell by -0.10%, which changed the moving average for the period of 200-days by -17.33% in comparison to the 20-day moving average, which settled at $4.55. In addition, Olo Inc saw -15.41% 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 10,259 shares at the price of $4.52 back on Jun 06 ’24. After this action, Benevides Peter J. now owns 424,933 shares of Olo Inc, valued at $46,343 using the latest closing price.
Glass Noah H., the CEO of Olo Inc, sale 10,155 shares at $4.52 during a trade that took place back on Jun 06 ’24, which means that Glass Noah H. is holding 322,816 shares at $45,877 based on the most recent closing price.
Stock Fundamentals for OLO
Current profitability levels for the company are sitting at:
- -0.27 for the present operating margin
- 0.59 for the gross margin
The net margin for Olo Inc stands at -0.19. The total capital return value is set at -0.1. Equity return is now at value -7.07, with -6.25 for asset returns.
Based on Olo Inc (OLO), the company’s capital structure generated 0.02 points at debt to capital in total, while cash flow to debt ratio is standing at -0.48. The debt to equity ratio resting at 0.02. The interest coverage ratio of the stock is -319.92.
Currently, EBITDA for the company is -40.71 million with net debt to EBITDA at 6.48. When we switch over and look at the enterprise to sales, we see a ratio of 2.21. The receivables turnover for the company is 3.33for trailing twelve months and the total asset turnover is 0.33. The liquidity ratio also appears to be rather interesting for investors as it stands at 5.86.
Conclusion
To wrap up, the performance of Olo Inc (OLO) has been mixed in recent times. The stock has received a mixed of “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.
