Olaplex Holdings Inc (NASDAQ: OLPX) is -37.40% lower on its value in year-to-date trading and has touched a low of $1.19 and a high of $4.26 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The OLPX stock was last observed hovering at around $1.52 in the last trading session, with the day’s gains setting it 0.07%.
Currently trading at $1.59, the stock is 12.49% and -4.00% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.12 million and changing 4.61% at the moment leaves the stock -25.40% off its SMA200. OLPX registered -59.95% loss for a year compared to 6-month gain of 15.22%.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The stock witnessed a -2.45% loss in the last 1 month and extending the period to 3 months gives it a -30.87%, and is 13.57% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 10.38% over the week and 8.38% over the month.
Olaplex Holdings Inc (OLPX) has around 233 employees, a market worth around $1.05B and $443.42M in sales. Current P/E ratio is 22.14 and Fwd P/E is 9.32. Profit margin for the company is 10.91%. Distance from 52-week low is 33.61% and -62.72% from its 52-week high. The company has generated returns on investments over the last 12 months (3.22%).
The EPS is expected to shrink by -10.53% this year
The shares outstanding are 660.73M, and float is at 130.38M with Short Float at 6.25%.
Olaplex Holdings Inc (OLPX) Insider Activity
The most recent transaction is an insider sale by Belhumeur Kristi A, the company’s Senior VP of Accounting. SEC filings show that Belhumeur Kristi A sold 42,480 shares of the company’s common stock on May 03 ’24 at a price of $1.68 per share for a total of $71366.0. Following the sale, the insider now owns 0.29 million shares.
Olaplex Holdings Inc disclosed in a document filed with the SEC on Sep 15 ’23 that BILBREY JOHN P (Director) bought a total of 8,100 shares of the company’s common stock. The trade occurred on Sep 15 ’23 and was made at $2.29 per share for $18549.0. Following the transaction, the insider now directly holds 58100.0 shares of the OLPX stock.
Still, SEC filings show that on Aug 15 ’23, BILBREY JOHN P (Director) acquired 43,500 shares at an average price of $2.63 for $0.11 million. The insider now directly holds 50,000 shares of Olaplex Holdings Inc (OLPX).
