With 0.92 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.49 million shares. The 52-week range on OLPX shows that it touched its highest point at $2.77 and its lowest point at $1.19 during that stretch. It currently has a 1-year price target of $2.12. Beta for the stock currently stands at 2.45.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of OLPX was up-trending over the past week, with a rise of 0.69%, but this was down by -8.81% over a month. Three-month performance dropped to -17.14% while six-month performance fell -33.79%. The stock lost -29.95% in the past year, while it has lost -16.18% so far this year. A look at the trailing 12-month EPS for OLPX yields 0.06 with Next year EPS estimates of 0.11. For the next quarter, that number is 0.00. This implies an EPS growth rate of -33.74% for this year and 5.74% for next year. EPS is expected to decline by -12.64% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -0.81%.
Float and Shares Shorts:
At present, 662.48 million OLPX shares are outstanding with a float of 126.80 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for OLPX since 4 analysts follow the stock currently. There are 2 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 2 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $0.11662 being high and $0.09750472 being low. For OLPX, this leads to a yearly average estimate of $0.10602. Based on analyst estimates, the high estimate for the next quarter is $0.05 and the low estimate is $0.02. The average estimate for the next quarter is thus $0.03.
