Olin Corp [NYSE: OLN] stock went on a downward path that fall over -3.64% on Wednesday, amounting to a one-week price decrease of less than -18.19%.
Over the last 12 months, OLN stock dropped by -47.98%. The one-year Olin Corp stock forecast points to a potential upside of 25.12. The average equity rating for OLN stock is currently 2.55, trading closer to a bullish pattern in the stock market.
The market cap for the stock reached $3.11 billion, with 116.60 million shares outstanding and 116.12 million shares in the current float. Compared to the average trading volume of 1.74M shares, OLN stock reached a trading volume of 2843200 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on Olin Corp [OLN]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for OLN shares is $35.67 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on OLN stock is a recommendation set at 2.55. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
RBC Capital Mkts have made an estimate for Olin Corp shares, keeping their opinion on the stock as Sector Perform, with their previous recommendation back on February 04, 2025. While these analysts kept the previous recommendation, Truist raised their target price to Hold. The new note on the price target was released on January 28, 2025, representing the official price target for Olin Corp stock. Previously, the target price had yet another drop from $48 to $40, while BofA Securities kept a Buy rating on OLN stock.
The Average True Range (ATR) for Olin Corp is set at 1.25, with the Price to Sales ratio for OLN stock in the period of the last 12 months amounting to 0.48. The Price to Book ratio for the last quarter was 1.53, with the Price to Cash per share for the same quarter was set at 1.51. Price to Free Cash Flow for OLN in the course of the last twelve months was 10.11 with Quick ratio for the last quarter at 0.77.
OLN Stock Performance Analysis:
Olin Corp [OLN] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -18.19. With this latest performance, OLN shares dropped by -17.46% in over the last four-week period, additionally sinking by -35.51% over the last 6 months – not to mention a drop of -47.98% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for OLN stock in for the last two-week period is set at 20.32, with the RSI for the last a single of trading hit 14.52, and the three-weeks RSI is set at 24.31 for Olin Corp [OLN]. The present Moving Average for the last 50 days of trading for this stock 35.36, while it was recorded at 28.72 for the last single week of trading, and 44.17 for the last 200 days.
Insight into Olin Corp Fundamentals:
Olin Corp’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.77 and a Current Ratio set at 1.27.
Olin Corp [OLN] Institutonal Ownership Details
There are presently around $92.82%, or 93.08%% of OLN stock, in the hands of institutional investors. The top three institutional holders of OLN stocks are: VANGUARD GROUP INC with ownership of 11.78 million shares, which is approximately 9.8284%. BLACKROCK INC., holding 11.66 million shares of the stock with an approximate value of $$549.75 million in OLN stocks shares; and BLACKROCK INC., currently with $$483.61 million in OLN stock with ownership which is approximately 8.5545%.
