Meaningful negative changes in O I Glass Inc (NYSE: OI) fundamentals have recently occurred: the consensus estimate for December, 2024 decreased significantly, significant quarterly earnings deceleration occurred, and the consensus estimate for December, 2025 decreased significantly.
O I Glass Inc (NYSE: OI). Significant negative changes in investment behavior have recently occurred: the stock fell on very heavy volume.
In light of these highly negative signals we are reviewing our current Overall Rating of C. We would view the shares with caution pending completion of this review in the next several days.
Current PriceTarget Research Rating
OI is expected to continue to be a major Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
O I Glass has a current Value Trend Rating of C (Low Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. O I Glass has a very high Appreciation Score of 92 but a very low Power Rating of 1, resulting in the Low Neutral Value Trend Rating.
Recent Price Action
On 6/21/24, O I Glass Inc (NYSE: OI) stock declined modestly by -1.9%, closing at $11.10. Moreover, this decline was accompanied by exceptionally high trading volume at 256% of normal. The stock has been weak relative to the market over the last nine months and has declined -7.5% during the last week.
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