Olo Inc’s recent filing unveils that its Director Washington Zuhairah Scott unloaded Company’s shares for reported $68956.0 on Nov 12 ’24. In the deal valued at $6.66 per share,10,353 shares were sold. As a result of this transaction, Washington Zuhairah Scott now holds 58,162 shares worth roughly $0.4 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, Washington Zuhairah Scott bought 10,353 shares, generating $68,956 in total proceeds.
Before that, Lambert Joanna G sold 29,769 shares. Olo Inc shares valued at $142,763 were divested by the Chief Operating Officer at a price of $4.80 per share. As a result of the transaction, Lambert Joanna G now holds 711,473 shares, worth roughly $4.94 million.
Lake Street initiated its Olo Inc [OLO] rating to a Buy in a research note published on December 15, 2023; the price target was $7.50. A number of analysts have revised their coverage, including William Blair’s analysts, who decreased its forecast for the stock in early November from “an Outperform” to “a Mkt perform”. Piper Sandler also remained covering OLO and has increased its forecast on July 20, 2023 with a “an Overweight” recommendation from previously “Neutral” rating. BTIG Research started covering the stock on June 16, 2023. It rated OLO as “a Neutral”.
Price Performance Review of OLO
On Tuesday, Olo Inc [NYSE:OLO] saw its stock fall -4.28% to $6.94. Over the last five days, the stock has gained 6.77%. Olo Inc shares have risen nearly 21.33% since the year began. Nevertheless, the stocks have risen 32.95% over the past one year. While a 52-week high of $7.47 was reached on 11/25/24, a 52-week low of $4.20 was recorded on 07/10/24. SMA at 50 days reached $5.41, while 200 days put it at $5.11.
Levels Of Support And Resistance For OLO Stock
The 24-hour chart illustrates a support level at 6.83, which if violated will result in even more drops to 6.73. On the upside, there is a resistance level at 7.13. A further resistance level may holdings at 7.33. The Relative Strength Index (RSI) on the 14-day chart is 69.57, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.55, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 25.48%. Stochastics %K at 86.61% indicates the stock is a selling.
How much short interest is there in Olo Inc?
A steep rise in short interest was recorded in Olo Inc stocks on 2024-11-15, dropping by 47790.0 shares to a total of 1.82 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-15 was 1.87 million shares. There was a decline of -2.62%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on October 19, 2022 when Goldman began covering the stock and recommended ‘”a Neutral”‘ rating along with a $8.50 price target.
