The leading market experts have placed a mean price target of $25.130 on Olin Corporation (NYSE:OLN) stock. This price level, which is estimated to be attained in one-year, indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $0.240 a share for the upcoming quarter and $0.980 for the current fiscal.
The technical analysis of Olin Corporation Common Stock plainly substantiates that the 50-day moving average of Olin Corporation Common Stock is $23.248, and stock is trading $-2.593 points away or -11.155% from its 50-day moving average of $23.248. Further it is trading $0.891 or +4.510% away its 200-day moving average of $19.764. Olin Corporation (NYSE:OLN) 52-week high is $26.460 and the 52-week low is $12.290.
This explains if the stock moves $-5.805, it will post a 52-week high. In event of +68.063% decline, a 52-week low will be hit.
Taking the valuation aspect to emphasize the valuation of Olin Corporation Common Stock, shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, Olin Corporation (NYSE:OLN) ratio came in at N/A.
The stock last ended the trading session at $20.655 and registered a market cap of $3.41B. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. Olin Corporation (NYSE:OLN) PEG ratio is at 7.390.
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