Olaplex Holdings Inc (NASDAQ:OLPX) shares, rose in value, with the stock price up by 7.14% to the previous day’s close as strong demand from buyers drove the stock to $1.35.
Actively observing the price movement in the last trading, the stock closed the session at $1.26. The PE ratio was 14.87 over 12-month period. Referring to stock’s 52-week performance, its high was $4.26, and the low was $1.19. On the whole, OLPX has fluctuated by -22.41% over the past month.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that OLPX’s technical picture suggests that short-term indicators denote the stock is a 100% Sell on average. However, medium-term indicators have put the stock in the category of 100% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the PEG ratio is about 0, with the price of OLPX currently trading nearly -14.37% and -24.20% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 35.99, while the 7-day volatility ratio is showing 9.37% which for the 30-day chart, stands at 7.32%. Furthermore, Olaplex Holdings Inc (OLPX)’s beta value is 2.37, and its average true range (ATR) is 0.12.
A comparison of Olaplex Holdings Inc (OLPX) with its peers suggests the former has fared considerably weaker in the market. OLPX showed an intraday change of 7.14% in last session, and over the past year, it shrunk by -63.81%%.
Data on historical trading for Olaplex Holdings Inc (NASDAQ:OLPX) indicates that the trading volumes over the past 3 months, they’ve averaged 2.10 million. According to company’s latest data on outstanding shares, there are 660.73 million shares outstanding.
Nearly 80.30% of Olaplex Holdings Inc’s shares belong to company insiders and institutional investors own 17.59% of the company’s shares. The stock has fallen by -46.85% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the OLPX stock heading into the next quarter.
