Would I Consider ODDITY Tech Ltd. (NASDAQ: ODD) Stock Any Time In The Future?

The trading price of ODDITY Tech Ltd. (NASDAQ:ODD) floating higher at last check on Tuesday, May 14, closing at $42.33, 8.23% higher than its previous close.

The company’s P/E ratio in the trailing 12-month period was 128.08. In examining the 52-week price action we see that the stock hit a 52-week high of $56.00 and a 52-week low of $24.12. Over the past month, the stock has gained 28.66% in value.

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ODDITY Tech Ltd., whose market valuation is $2.41 billion at the time of this writing. Investors’ optimism about the company’s current quarter earnings report is understandable. Analysts have predicted the quarterly earnings per share to grow by 0.6 per share this quarter, however they have predicted annual earnings per share of 1.57 for current year and 1.62 for next year.

Analysts have forecast the company to bring in revenue of 186.97M for the current quarter, with the likely lows of 185.7M and highs of 188M. From the analysts’ viewpoint, the consensus estimate for the company’s annual revenue is 631.69M.

On the technical side, indicators suggest ODD has a 50% Sell on average for the short term. According to the data of the stock’s medium term indicators, the stock is currently averaging as a 50% Buy, while an average of long term indicators suggests that the stock is currently 100% Buy.

If we dig deeper into the stock’s outlook, we see that the stock’s PEG is 10.25, which symbolizes a positive outlook. A quick review shows that ODD’s price is currently 24.86% off the SMA20 and 9.56% off the SMA50. The RSI metric on the 14-day chart is currently showing 67.89, and weekly volatility stands at 7.50%. When measured over the past 30 days, the indicator reaches 5.26%. ODDITY Tech Ltd. (NASDAQ:ODD)’s beta value is currently sitting at 0, while the Average True Range indicator is currently displaying 2.29.

To see how ODDITY Tech Ltd. stock has been performing today in comparison to its peers in the industry, here are the numbers: ODD stock’s performance was 8.23% in the latest trading. ODDITY Tech Ltd. has a P/E ratio of 128.08.

An evaluation of the daily trading volume of ODDITY Tech Ltd. (NASDAQ:ODD) indicates that the 3-month average is 1.05 million.

Currently, records show that 45.32 million of the company’s shares remain outstanding. The insiders hold 56.09% of outstanding shares, whereas institutions hold 42.39%. However, since the stock’s price has seen -9.03% year-to-date, investors’ interest is likely to be reignited due to its potential to move even lower.

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