Olaplex Holdings Inc (NASDAQ:OLPX) price on Thursday, May 30, rose 7.24% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $1.63.
A look at the stock’s price movement, the level at last check in today’s session was $1.52. The PE ratio in trailing twelve months stood at 22.70. Turning to its 52-week performance, $4.26 and $1.19 were the 52-week high and 52-week low respectively. Overall, OLPX moved 17.27% over the past month.
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Olaplex Holdings Inc’s market cap currently stands at around $1.08 billion.
Turning to the stock’s technical picture we see that short term indicators suggest on average that OLPX is a Hold. On the other hand, the stock is on average a 50% Sell as suggested by medium term indicators while long term indicators are putting the stock in 100% Sell category.
The technical evaluation for the stock shows the PEG ratio is 3.72, with OLPX’s current price about 4.19% and 3.78% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 55.29, while 7-day volatility ratio is 6.98% and 6.72% in the 30-day chart. Further, Olaplex Holdings Inc (OLPX) has a beta value of 2.37, and an average true range (ATR) of 0.10.
If we refocus on Olaplex Holdings Inc (NASDAQ:OLPX), historical trading data shows that trading volumes averaged 1.99 million over the past 3 months. The company’s latest data on shares outstanding shows there are 660.73 million shares.
The 80.44% of Olaplex Holdings Inc’s shares are in the hands of company insiders while institutional holders own 18.12% of the company’s shares. Current price change has pushed the stock -35.83% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the OLPX stock continues to rise going into the next quarter.
