The stock price of Olin Corp (NYSE: OLN) has surged by 3.19 when compared to previous closing price of 31.71, but the company has seen a 0.15% gain in its stock price over the last five trading sessions. prnewswire.com reported 2025-01-07 that CLAYTON, Mo., Jan. 7, 2025 /PRNewswire/ — Olin Corporation (NYSE: OLN) announced today that on Friday, January 31, 2025, at 9:00 a.m.
Is It Worth Investing in Olin Corp (NYSE: OLN) Right Now?
Olin Corp (NYSE: OLN) has a higher price-to-earnings ratio of 26.57x compared to its average ratio, The 36-month beta value for OLN is at 1.46. Analysts have varying views on the stock, with 2 analysts rating it as a “buy,” 3 rating it as “overweight,” 10 as “hold,” and 1 as “sell.”
The public float for OLN is 116.12M, and currently, shorts hold a 3.40% of that float. The average trading volume for OLN on January 15, 2025 was 1.69M shares.
OLN’s Market Performance
OLN’s stock has seen a 0.15% increase for the week, with a -14.21% drop in the past month and a -30.99% fall in the past quarter. The volatility ratio for the week is 2.99%, and the volatility levels for the past 30 days are at 3.09% for Olin Corp The simple moving average for the past 20 days is -2.00% for OLN’s stock, with a -28.94% simple moving average for the past 200 days.
Analysts’ Opinion of OLN
BMO Capital Markets, on the other hand, stated in their research note that they expect to see OLN reach a price target of $50. The rating they have provided for OLN stocks is “Market Perform” according to the report published on September 03rd, 2024.
Mizuho gave a rating of “Neutral” to OLN, setting the target price at $45 in the report published on August 08th of the previous year.
OLN Trading at -14.98% from the 50-Day Moving Average
After a stumble in the market that brought OLN to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -46.01% of loss for the given period.
Volatility was left at 3.09%, however, over the last 30 days, the volatility rate increased by 2.99%, as shares sank -14.10% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -20.45% lower at present.
During the last 5 trading sessions, OLN rose by +0.15%, which changed the moving average for the period of 200-days by -43.83% in comparison to the 20-day moving average, which settled at $33.39. In addition, Olin Corp saw -3.20% 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 OLN starting from Sumner R Nichole, who sale 10,500 shares at the price of $43.75 back on Nov 08 ’24. After this action, Sumner R Nichole now owns 24,056 shares of Olin Corp, valued at $459,412 using the latest closing price.
R. Nicole Sumner, the Officer of Olin Corp, proposed sale 10,500 shares at $41.77 during a trade that took place back on Nov 08 ’24, which means that R. Nicole Sumner is holding shares at $438,585 based on the most recent closing price.
Stock Fundamentals for OLN
Current profitability levels for the company are sitting at:
- 0.05 for the present operating margin
- 0.11 for the gross margin
The net margin for Olin Corp stands at 0.02. The total capital return value is set at 0.06. Equity return is now at value 6.88, with 1.97 for asset returns.
Based on Olin Corp (OLN), the company’s capital structure generated 0.61 points at debt to capital in total, while cash flow to debt ratio is standing at 0.24. The debt to equity ratio resting at 1.56. The interest coverage ratio of the stock is 1.81.
Currently, EBITDA for the company is 1.3 billion with net debt to EBITDA at 3.31. When we switch over and look at the enterprise to sales, we see a ratio of 1.05. The receivables turnover for the company is 7.35for trailing twelve months and the total asset turnover is 0.86. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.40.
Conclusion
In conclusion, Olin Corp (OLN) has had a bad performance lately. Opinion on the stock among analysts is bullish, with some giving it a “buy” rating and others 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.
