With 6.33 million shares changed hands, the volume of the stock remained heavier than its average volume of 1.38 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 $2.06. Beta for the stock currently stands at 2.42.
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 15.07%, but this was up by 7.69% over a month. Three-month performance dropped to -17.65% while six-month performance fell -22.94%. The stock lost -9.68% in the past year, while it has lost -2.89% so far this year. A look at the trailing 12-month EPS for OLPX yields 0.06 with Next year EPS estimates of 0.08. For the next quarter, that number is 0.02. This implies an EPS growth rate of -25.00% for this year and -7.07% for next year. EPS is expected to decline by -8.24% 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 $0.11794 being high and $0.09855445 being low. For OLPX, this leads to a yearly average estimate of $0.10722. Based on analyst estimates, the high estimate for the next quarter is $0.03 and the low estimate is $0.01. The average estimate for the next quarter is thus $0.02.
Summary of Insider Activity:
Insiders traded OLPX 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.
