Orion S.A (NYSE:OEC) shares traded -3.55% lower at $14.69 on Wall Street last session.
OEC stock price is now -12.39% away from the 50-day moving average and -26.55% away from the 200-day moving average. The market capitalization of the company currently stands at $847.91M.
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With the price target enhanced from $20 to $21, JP Morgan Upgraded its rating from Neutral to Overweight for Orion S.A (NYSE: OEC). On March 27, 2024, Mizuho recently initiated its ‘Neutral’ rating on the stock quoting a target price of $25, while ‘JP Morgan’ rates the stock as ‘Neutral’
In other news, Painter Corning F., Chief Executive Officer bought 10,000 shares of the company’s stock on Aug 22 ’24. The stock was bought for $176,900 at an average price of $17.69. Upon completion of the transaction, the Chief Executive Officer now directly owns 958,776 shares in the company, valued at $14.08 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Aug 09 ’24, Director SMITH DAN F bought 2,500 shares of the business’s stock. A total of $46,325 was incurred on buying the stock at an average price of $18.53. This leaves the insider owning 78,772 shares of the company worth $1.16 million. A total of 3.77% of the company’s stock is owned by insiders.
During the past 12 months, Orion S.A has had a low of $14.94 and a high of $26.05. As of last week, the company has a debt-to-equity ratio of 2.04, a current ratio of 1.24, and a quick ratio of 0.71. According to the stock market information, the enterprise value for the company is $1888910080, which is based on a 27.57 price-to-earnings ratio, a 2.21 price-to-earnings-growth ratio, and a beta of 1.53. The fifty day moving average price for OEC is $16.7796 and a two-hundred day moving average price translates $20.0423 for the stock.
The latest earnings results from Orion S.A (NYSE: OEC) was released for 2024-09-30. The net profit margin was 1.67% and return on equity was 6.65% for OEC. The company reported revenue of $463.4 million for the quarter, compared to $466.2 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -0.6 percent. For the current quarter, analysts expect OEC to generate $445.5M in revenue.
