With 0.71 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.46 million shares. The 52-week range on OBE shows that it touched its highest point at $9.06 and its lowest point at $4.87 during that stretch. It currently has a 1-year price target of $8.60. Beta for the stock currently stands at 0.79.
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 OBE was down-trending over the past week, with a drop of -4.99%, but this was down by -4.07% over a month. Three-month performance dropped to -13.31% while six-month performance fell -31.15%. The stock lost -30.38% in the past year, while it has lost -14.51% so far this year. A look at the trailing 12-month EPS for OBE yields -1.98 with Next year EPS estimates of 0.50.
Float and Shares Shorts:
At present, 73.68 million OBE shares are outstanding with a float of 71.01 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 OBE since 0 analysts follow the stock currently. There are 0 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 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 $1.97171 being high and $1.62773 being low. For OBE, this leads to a yearly average estimate of $1.79972. Based on analyst estimates, the high estimate for the next quarter is $0 and the low estimate is $0. The average estimate for the next quarter is thus $0.
Summary of Insider Activity:
Insiders traded OBE stock several times over the past three months with 0 Buys and 0 Sells. In these transactions, 0 shares were bought while 0 shares were sold. The number of buy transactions has remained unchanged to 0 while that of sell transactions has remained unmoved to 0 over the past year. The total number of shares bought during that period was 0 while 0 shares were sold.
