Olin Corporation (OLN) : During the past 4 weeks, traders have been relatively bearish on Olin Corporation (OLN), hence the stock is down -18.73% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -0.71% relative to the S&P 500. The 4-week change in the price of the stock is -16.71% and the stock has fallen -0.29% in the past 1 week.
Olin Corporation (NYSE:OLN): The stock opened at $21.05 on Friday but the bulls could not build on the opening and the stock topped out at $21.23 for the day. The stock traded down to $20.80 during the day, due to lack of any buying support eventually closed down at $20.84 with a loss of -0.05% for the day. The stock had closed at $20.85 on the previous day. The total traded volume was 2,198,016 shares.
The stock has recorded a 20-day Moving Average of 10.75% and the 50-Day Moving Average is 11.5%. Olin Corp. has dropped 5.19% during the last 3-month period . Year-to-Date the stock performance stands at 23.69%.
Olin Corporation (OLN) : The consensus price target for Olin Corporation (OLN) is $24.75 for the short term with a standard deviation of $3.77. The most optimist securities analyst among the 4 who monitor the stock believes that the stock can reach $29, however, the pessimist price target for the company is $20.
Olin Corporation is a manufacturing company. The Company operates in three segments: Chlor Alkali Products, Chemical Distribution and Winchester. Chlor Alkali Products manufactures and sells chlorine and caustic soda, hydrochloric acid, hydrogen, bleach products and potassium hydroxide. Chemical Distribution manufactures bleach products and distributes caustic soda, bleach products, potassium hydroxide and hydrochloric acid. Winchester products segments include sporting ammunition, reloading components, small caliber military ammunition and components and industrial cartridges. The Companys subsidiary, Olin Canada ULC, operates one chlor alkali facility in Becancour, Canada, which sells chlor alkali-related products within Canada and to the United States and also sells and distributes ammunition within Canada. Its subsidiary, Winchester Australia Limited, loads and packs sporting and industrial ammunition in Australia.