Stock Rating Downgrade
Of late the Value Trend Rating for Olin Corp (NYSE: OLN) weakened from C to D reflecting eroding fundamentals and low Appreciation Potential.
Recent Price Action
Olin Corp (NYSE: OLN) stock closed at $40.65 on 8/9/24 after a slight decline of -0.9%. However, unusually low trading volume at 65% of normal accompanied the decline. The stock has declined -8.5% during the last week and has been weak relative to the market over the last nine months.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be above the cost of capital, OLN is expected to continue to be a major Value Builder.
Olin has a current Value Trend Rating of D (Negative). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. Olin has a neutral Appreciation Score of 50 but a poor Power Rating of 17, and the Negative Value Trend Rating results.
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