Olo Inc (NYSE: OLO) is -17.84% lower on its value in year-to-date trading and has touched a low of $4.20 and a high of $8.35 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 OLO stock was last observed hovering at around $6.08 in the last trading session, with the day’s gains setting it 0.23%.
Currently trading at $6.31, the stock is -6.59% and -12.34% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.61 million and changing 3.78% at the moment leaves the stock 8.29% off its SMA200. OLO registered 12.88% gain for a year compared to 6-month gain of 28.78%.
The stock witnessed a -11.87% loss in the last 1 month and extending the period to 3 months gives it a -16.09%, and is -6.24% 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 5.47% over the week and 4.85% over the month.
Olo Inc (OLO) has around 617 employees, a market worth around $1.05B and $284.94M in sales. Fwd P/E is 17.61. Profit margin for the company is -0.31%. Distance from 52-week low is 50.24% and -24.43% from its 52-week high. The company has generated returns on investments over the last 12 months (-0.13%).
The EPS is expected to grow by 36.36% this year
The shares outstanding are 115.64M, and float is at 109.79M with Short Float at 2.96%.
The top institutional shareholder in the company is RAINE CAPITAL LLC with over 32.22 million shares valued at $142.41 million. The investor’s holdings represent 19.9882 of the OLO Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 13.62 million shares valued at $60.22 million to account for 8.3934 of the shares outstanding. The other top investors are BROWN CAPITAL MANAGEMENT LLC which holds 10.89 million shares representing 6.7538 and valued at over $48.12 million, while BLACKROCK INC. holds 6.5408 of the shares totaling 10.62 million with a market value of $46.93 million.
Olo Inc (OLO) Insider Activity
The most recent transaction is an insider sale by Glass Noah H., the company’s CEO. SEC filings show that Glass Noah H. sold 10,665 shares of the company’s common stock on Mar 07 ’25 at a price of $6.35 per share for a total of $67708.0. Following the sale, the insider now owns 0.29 million shares.
Olo Inc disclosed in a document filed with the SEC on Mar 07 ’25 that Manning Sherri (Chief People Officer) sold a total of 5,940 shares of the company’s common stock. The trade occurred on Mar 07 ’25 and was made at $6.35 per share for $37722.0. Following the transaction, the insider now directly holds 0.3 million shares of the OLO stock.
Still, SEC filings show that on Mar 07 ’25, Benevides Peter J. (Chief Financial Officer) disposed off 21,904 shares at an average price of $6.35 for $0.14 million. The insider now directly holds 725,139 shares of Olo Inc (OLO).
