Osisko Development Corp (NYSE: ODV) is 36.20% higher on its value in year-to-date trading and has touched a low of $1.16 and a high of $2.75 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The ODV stock was last observed hovering at around $2.08 in the last trading session, with the day’s gains setting it 0.14%.
Currently trading at $2.22, the stock is 15.90% and 26.47% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.92 million and changing 6.73% at the moment leaves the stock 25.70% off its SMA200. ODV registered 4.23% gain for a year compared to 6-month gain of 16.84%. The firm has a 50-day simple moving average (SMA 50) of $1.7554 and a 200-day simple moving average (SMA200) of $1.766175.
The stock witnessed a 14.43% loss in the last 1 month and extending the period to 3 months gives it a 73.44%, and is 12.12% 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 3.42% over the week and 3.67% over the month.
Osisko Development Corp (ODV) has around 100 employees, a market worth around $303.36M and $2.04M in sales. Profit margin for the company is -4070.82%. Distance from 52-week low is 91.38% and -19.27% from its 52-week high. The company has generated returns on investments over the last 12 months (-22.15%).
, but quarterly earnings will post 1,193.86% year-over-year.
Osisko Development Corp (ODV) Top Institutional Holders
56.0 institutions hold shares in Osisko Development Corp (ODV), with institutional investors hold 36.16% of the company’s shares. The shares outstanding are 136.62M, and float is at 101.61M with Short Float at 0.51%. Institutions hold 26.96% of the Float.
The top institutional shareholder in the company is FMR LLC with over 3.51 million shares valued at $6.53 million. The investor’s holdings represent 4.1414% of the ODV Shares outstanding. As of 2024-06-30, the second largest holder is EQUINOX PARTNERS INVESTMENT MANAGEMENT LLC with 1.61 million shares valued at $2.99 million to account for 1.8977 of the shares outstanding. The other top investors are FRANKLIN RESOURCES INC which holds 1.14 million shares representing 1.3491% and valued at over $2.13 million, while CRESSET ASSET MANAGEMENT, LLC holds 1.0907 of the shares totaling 0.92 million with a market value of $1.72 million.
