Avon Products, Inc. (AVP), Olin Corp. (OLN): wait and see is the best criteria

SAMPSON JOHN MAURICE, SVP, Business Operations, bought 5,000 shares of the Olin Corporation (NYSE:OLN) in an exchange that happened on November 20th. The stock was bought at an average price of $19.84 per share, amounting to a transaction worth $99,220. The purchase was made public in a document filed with the SEC. Additionally, Director Shipp Earl L bought 600 shares of this stock in a transaction that took place on November 12th. The stock was bought at an average price of $20.70 per share, for a total exchange amounting to $12,418. After the transaction, the Director Shipp Earl L currently holds 7,100 shares of the company’s stock, which is worth approximately $163300.

With this stock price’s latest movement, it is now -40.65% away from its 1-year high and 28.71% higher than its 1-year low price. In the past seven days, the stock price volatility for Olin Corporation was 3.61%, whereas its volatility in the past 30 days has been 4.04%. This public company’s stock also has a beta score of 1.52. When the beta value is less/more than 1, it can imply that the stock is less/more volatile than the wider stock market – a metric that traders will surely be keeping tabs on.

Olin Corporation (NYSE:OLN) most recently published its quarterly earnings results. The firm posted $0.66 earnings per share (EPS) for the three-month period, missing analysts’ consensus estimate of $0.75 by $0.09. The publicly-traded organization reported revenue of $1,872.40 million for the quarter, compared to the average analyst forecast calling for $1,798.69 million, which was surpassing the analyst consensus estimate.

Shares of Olin Corporation (OLN) plunged -0.43%, amounting to a loss of -$0.1 per share, to finish the regular trading session at $23.00 on Wednesday 01/23/2019. Trade volume reached 3,156,598 shares against this stock’s average daily volume of 2.57M shares, with a total float of 166.00M. As a consequence of the price decrease, Olin Corporation now has a current market value of 3.84B.

Avon Products, Inc. (NYSE:AVP) subtracted -1.53% to its trading price by the close of the most recent session, dropping from its previous closing price of $1.96 to $1.93. This stock increased in value by 2.66% during the last 7-day period, and experienced a gain of 20.62% over the past 30-day period. In the past three months, this stock’s price lost by -3.02% , and added 32.19% to its price during the last six months of trading. AVP demonstrated a yearly price loss of -18.57% , while its year-to-date (YTD) price performance has been up 26.97% . This stock’s price changed by +48.46% compared to its 90-day low, and moved down -13.84% comparing to its 90-day high price.

Have a quick look on short, medium and long-term indicators. According to the Composite Indicator, Trendspotter rated the AVP stock as “Buy”. In the short-term, Avon Products, Inc. (AVP) has a 20-day average volume of 3,744,200 shares and short-term indicators sets the AVP stock as “ 20% Buy ” on average basis. In the medium-term, AVP stock has a 50-Day average volume of 3,930,760 shares and medium-term indicators gave the average rating of “ 25% Buy ”, while in the long-term period the FB stock has a 100-Day average volume of 4,323,805 shares. On average, long-term indicators rated the stock as “67% Sell ”. The overall picture from all short, medium and long-term indicators sets the AVP stock as “8% Buy ” on average basis.

Recently, multiple brokerages have sent out reports on AVP. Jefferies, for example, Upgrade its rating on shares of Avon Products, Inc. from “Underperform ” to a “ Hold”according to a research note from Wednesday July 18th, 2018. while giving the stock a “ Underperform” from “Neutral ” rating, as stated in a research report from Thursday, January 4th, 2018. Jefferies, on the other hand, Initiated a “Underperform” rating on this stock, while posting a $2.20 price target on shares of this company’s stock in a research note dated Wednesday, September 13th, 2017.

In other news related to Avon Products, Inc. stock, 78.77% shares of AVP held by institutions. The total number of institutions who held the AVP shares was 292, according to most recent SEC filling. During the past quarter, total 348,436,699 shares held by institutions with the net change of -7,961,784 shares. In the meantime, 35 new institutions bought the shares of Avon Products, Inc. for the first time and 32 institutions sold all their holdings in the company’s common stock. 113 institutions increased their investment in the AVP stock and 113 institutions decreased their investment in the Avon Products, Inc. (AVP)’s stock during the last quarter.