Olo Inc [NYSE: OLO] gained 14.84% or 0.92 points to close at $7.12 with a heavy trading volume of 4103593 shares.
The daily chart for OLO points out that the company has recorded 37.19% gains over the past six months.
If we look at the average trading volume of 1.27M shares, OLO reached to a volume of 4103593 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about Olo Inc [OLO]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for OLO shares is $8.70 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on OLO stock is a recommendation set at 2.14. 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.
Piper Sandler have made an estimate for Olo Inc shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on January 08, 2025. While these analysts kept the previous recommendation, Lake Street raised their target price to Buy. The new note on the price target was released on December 15, 2023, representing the official price target for Olo Inc stock.
The Average True Range (ATR) for Olo Inc is set at 0.30, with the Price to Sales ratio for OLO stock in the period of the last 12 months amounting to 4.18. The Price to Book ratio for the last quarter was 1.73, with the Price to Cash per share for the same quarter was set at 2.16. Price to Free Cash Flow for OLO in the course of the last twelve months was 30.67 with Quick ratio for the last quarter at 7.43.
Trading performance analysis for OLO stock
Olo Inc [OLO] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 14.47. With this latest performance, OLO shares gained by 15.02% in over the last four-week period, additionally plugging by 37.19% over the last 6 months – not to mention a rise of 44.42% 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 OLO stock in for the last two-week period is set at 69.82, with the RSI for the last a single of trading hit 78.01, and the three-weeks RSI is set at 63.55 for Olo Inc [OLO]. The present Moving Average for the last 50 days of trading for this stock 6.32, while it was recorded at 6.44 for the last single week of trading, and 6.13 for the last 200 days.
Olo Inc [OLO]: A deeper dive into fundamental analysis
Olo Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 7.43 and a Current Ratio set at 7.43.
Olo Inc [OLO]: An earnings per share (EPS) analysis
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for OLO. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Olo Inc go to 33.21%.
An analysis of Institutional ownership at Olo Inc [OLO]
There are presently around $85.87%, or 87.86%% of OLO stock, in the hands of institutional investors. The top three institutional holders of OLO stocks are: RAINE CAPITAL LLC with ownership of 32.22 million shares, which is approximately 19.9882%. VANGUARD GROUP INC, holding 13.62 million shares of the stock with an approximate value of $$60.22 million in OLO stocks shares; and VANGUARD GROUP INC, currently with $$48.12 million in OLO stock with ownership which is approximately 6.7538%.
