Finance

Long-Term Investment or Short-Term? Ocean Rig UDW Inc. (NASDAQ:ORIG), Olin Corporation (NYSE:OLN)

Ocean Rig UDW Inc. (NASDAQ:ORIG)

Ocean Rig UDW Inc. (NASDAQ:ORIG) Performance Snapshot

Ocean Rig UDW Inc. (NASDAQ:ORIG) Price Insight

Olin Corporation (NYSE:OLN)

Olin Corporation (NYSE:OLN), closed the last trading session at $28.07 with increase of $1.03 or 3.81 percent against the opening price of $27.04. The trading day volume of the company stands at 1.23 Million shares while the average trading volume of Olin Corporation (NYSE:OLN) is 2.13 Million over the course of 3 consecutive months. Which signifies a pretty good change over the time with its shares outstanding of 157.9 Million.

The price target of Olin Corporation (NYSE:OLN) is currently set at 24.13 by the analysts. The stock is $-0.81 Below its 1-Year High which is $28.30. OLN hit its 1-Year low price of $8.76. The company is currently rated by analyst who are keeping a close eye on the stock as 2.6. Where 1 means Buy, 2.5 meaning Hold and 5 as Sell.

Performance Indicators of Olin Corporation (NYSE:OLN)

The value of the stock increased by 10.47% during the previous week performance. Looking at the 1 month performance of Olin Corporation (NYSE:OLN), the stock jumped 18.54%. While the 1 year performance shows a positive percentage of 67.98 and year to date performance stands at 14.29%.

Olin Corporation (NYSE:OLN) Analytical Review

The stock needs to grow about $-3.94 to reach its price target. In order to seek the stock’s directional movements, 20-Days, 50 Days and 200-Days moving averages are 11%, 23% and 84.87 percent respectively. The stock trades about 2.66 percent of its Float giving its total shares Outstanding are 157.9 Million. OLN gained about 144.09 percent in 6 months showing its Average True Range of 1.06. The company currently has a RSI and Beta of 69.18 and 1.23.

While talking about Olin Corporation (NYSE:OLN) valuation ratios, the stock trades with a P/S and P/B of 0.83 and 3.02 which is significantly better and attractive as compared to its peers.

Leave a Reply

Your email address will not be published. Required fields are marked *