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Olaplex Holdings Inc (OLPX) Stock Could Soon Reward Patient Investors

Olaplex Holdings Inc (NASDAQ: OLPX) is -13.58% lower on its value in year-to-date trading and has touched a low of $1.19 and a high of $3.66 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 $1.85 in the last trading session, with the day’s gains setting it 0.34%.

Currently trading at $2.19, the stock is 18.74% and 26.37% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.2 million and changing 18.65% at the moment leaves the stock 17.12% off its SMA200. OLPX registered -37.11% loss for a year compared to 6-month loss of -5.39%.

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The stock witnessed a 49.32% gain in the last 1 month and extending the period to 3 months gives it a 36.34%, and is 5.53% 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 13.97% over the week and 10.33% over the month.

Olaplex Holdings Inc (OLPX) has around 233 employees, a market worth around $1.45B and $443.42M in sales. Current P/E ratio is 30.57 and Fwd P/E is 13.22. Profit margin for the company is 10.91%. Distance from 52-week low is 84.45% and -40.03% from its 52-week high. The company has generated returns on investments over the last 12 months (3.22%).

with sales reaching $129.87M over the same period.The EPS is expected to shrink by -13.19% this year, but quarterly earnings will post -1.80% year-over-year. Quarterly sales are estimated to grow 5.10% in year-over-year returns.

Olaplex Holdings Inc (OLPX) Top Institutional Holders

The shares outstanding are 660.73M, and float is at 129.77M with Short Float at 9.52%.

Olaplex Holdings Inc (OLPX) Insider Activity

The most recent transaction is an insider sale by Belhumeur Kristi A,the company’sSenior 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).

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