Oatly Group AB ADR (NASDAQ: OTLY) is -45.58% lower on its value in year-to-date trading and has touched a low of $0.51 and a high of $1.40 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 OTLY stock was last observed hovering at around $0.65 in the last trading session, with the day’s loss setting it -0.01%.
Currently trading at $0.64, the stock is -18.49% and -23.73% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 6.69 million and changing -0.46% at the moment leaves the stock -35.04% off its SMA200. OTLY registered 21.17% gain for a year compared to 6-month loss of -48.62%. The firm has a 50-day simple moving average (SMA 50) of $0.84676 and a 200-day simple moving average (SMA200) of $0.991035.
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The stock witnessed a -22.72% gain in the last 1 month and extending the period to 3 months gives it a -31.38%, and is -16.27% down 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 9.41% over the week and 7.16% over the month.
Oatly Group AB ADR (OTLY) has around 1548 employees, a market worth around $383.35M and $815.74M in sales. Profit margin for the company is -50.57%. Distance from 52-week low is 25.92% and -54.13% from its 52-week high. The company has generated returns on investments over the last 12 months (-108.32%).
The EPS is expected to grow by 65.08% this year
The shares outstanding are 594.81M, and float is at 556.87M with Short Float at 4.15%.
The top institutional shareholder in the company is BLACKSTONE INC. with over 39.78 million shares valued at $37.39 million. The investor’s holdings represent 6.6875 of the OTLY Shares outstanding. As of 2024-06-30, the second largest holder is MASSACHUSETTS FINANCIAL SERVICES CO /MA/ with 7.34 million shares valued at $6.9 million to account for 1.2345 of the shares outstanding. The other top investors are BNP PARIBAS ASSET MANAGEMENT HOLDING S.A. which holds 6.6 million shares representing 1.1101 and valued at over $6.21 million, while PORTOLAN CAPITAL MANAGEMENT, LLC holds 0.7371 of the shares totaling 4.38 million with a market value of $4.12 million.
