Orion S.A (NYSE: OEC) is -10.64% lower on its value in year-to-date trading and has touched a low of $13.32 and a high of $26.05 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 OEC stock was last observed hovering at around $14.23 in the last trading session, with the day’s loss setting it -0.12%.
Currently trading at $14.11, the stock is -1.23% and -5.35% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.05 million and changing -0.84% at the moment leaves the stock -23.42% off its SMA200. OEC registered -39.13% loss for a year compared to 6-month loss of -23.32%.
The stock witnessed a -1.40% gain in the last 1 month and extending the period to 3 months gives it a -21.83%, and is -6.86% 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 4.11% over the week and 4.01% over the month.
Orion S.A (OEC) has around 1658 employees, a market worth around $799.39M and $1.88B in sales. Current P/E ratio is 18.87 and Fwd P/E is 6.73. Profit margin for the company is 2.35%. Distance from 52-week low is 5.93% and -45.82% from its 52-week high. The company has generated returns on investments over the last 12 months (3.60%).
with sales reaching $486.06M over the same period.The EPS is expected to shrink by -2.84% this year, but quarterly earnings will post 0.50% year-over-year. Quarterly sales are estimated to shrink -3.35% in year-over-year returns.
The shares outstanding are 57.24M, and float is at 54.52M with Short Float at 1.82%.
The top institutional shareholder in the company is BLACKROCK INC. with over 4.22 million shares valued at $92.54 million. The investor’s holdings represent 7.1926 of the OEC Shares outstanding. As of 2024-06-30, the second largest holder is T. ROWE PRICE INVESTMENT MANAGEMENT, INC. with 3.71 million shares valued at $81.41 million to account for 6.3551 of the shares outstanding. The other top investors are WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC which holds 2.72 million shares representing 4.6656 and valued at over $59.77 million, while PZENA INVESTMENT MANAGEMENT LLC holds 4.6133 of the shares totaling 2.69 million with a market value of $59.1 million.
Orion S.A (OEC) Insider Activity
The most recent transaction is an insider purchase by Painter Corning F., the company’s Chief Executive Officer. SEC filings show that Painter Corning F. bought 10,000 shares of the company’s common stock on Aug 22 ’24 at a price of $17.69 per share for a total of $0.18 million. Following the purchase, the insider now owns 0.96 million shares.
Orion S.A disclosed in a document filed with the SEC on Aug 09 ’24 that SMITH DAN F (Director) bought a total of 2,500 shares of the company’s common stock. The trade occurred on Aug 09 ’24 and was made at $18.53 per share for $46325.0. Following the transaction, the insider now directly holds 78772.0 shares of the OEC stock.
Still, SEC filings show that on Aug 07 ’24, Painter Corning F. (Chief Executive Officer) acquired 20,000 shares at an average price of $17.48 for $0.35 million. The insider now directly holds 948,776 shares of Orion S.A (OEC).
