In a filing, O-I Glass Inc revealed its SVP, Chief Admin & Sus Officer BURNS RANDOLPH L acquired Company’s shares for reported $0.15 million on Nov 04 ’24. In the deal valued at $11.38 per share,13,000 shares were bought. As a result of this transaction, BURNS RANDOLPH L now holds 70,817 shares worth roughly $0.92 million.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Then, Haudrich John bought 8,000 shares, generating $97,991 in total proceeds. Upon buying the shares at $12.25, the SVP & Chief Financial Officer now owns 350,846 shares.
Before that, Humphrey John bought 15,000 shares. O-I Glass Inc shares valued at $169,444 were divested by the Director at a price of $11.30 per share. As a result of the transaction, Humphrey John now holds 84,227 shares, worth roughly $1.09 million.
BofA Securities upgraded its O-I Glass Inc [OI] rating to a Buy from a a Neutral in a research note published on October 17, 2024; the price target was increased to $16 from $14. A number of analysts have revised their coverage, including BofA Securities’s analysts, who decreased its forecast for the stock in mid April from “a Buy” to “a Neutral”. UBS began covering OI with “Buy” recommendation on January 16, 2024. Citigroup revised its rating on January 03, 2024. It rated OI as “a Neutral” which previously was an “a Buy”.
Price Performance Review of OI
On Friday, O-I Glass Inc [NYSE:OI] saw its stock fall -1.29% to $12.97. Over the last five days, the stock has gained 1.33%. O-I Glass Inc shares have fallen nearly -20.82% since the year began. Nevertheless, the stocks have fallen -12.95% over the past one year. While a 52-week high of $17.58 was reached on 04/03/24, a 52-week low of $10.08 was recorded on 07/09/24. SMA at 50 days reached $12.67, while 200 days put it at $13.39.
Levels Of Support And Resistance For OI Stock
The 24-hour chart illustrates a support level at 12.79, which if violated will result in even more drops to 12.61. On the upside, there is a resistance level at 13.28. A further resistance level may holdings at 13.60. The Relative Strength Index (RSI) on the 14-day chart is 54.50, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.58, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 21.00%. Stochastics %K at 78.59% indicates the stock is a holding.
How much short interest is there in O-I Glass Inc?
A steep rise in short interest was recorded in O-I Glass Inc stocks on 2024-10-31, growing by 0.25 million shares to a total of 4.99 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-30 was 4.74 million shares. There was a rise of 5.02%, which implies that there is a positive sentiment for the stock.
