Olin Corp’s recently made public that its President & CEO Lane Kenneth Todd acquired Company’s shares for reported $0.2 million on Feb 04 ’25. In the deal valued at $28.06 per share,7,250 shares were bought. As a result of this transaction, Lane Kenneth Todd now holds 7,250 shares worth roughly $ 0.21 million.
Then, Sumner R Nichole sold 10,500 shares, generating $459,412 in total proceeds. Upon selling the shares at $43.75, the VP & Controller now owns 24,056 shares.
Before that, R. Nicole Sumner bought 10,500 shares. Olin Corp shares valued at $438,585 were divested by the Officer at a price of $41.77 per share.
Piper Sandler downgraded its Olin Corp [OLN] rating to a Neutral from a an Overweight in a research note published on February 13, 2025; the price target was decreased to $33 from $41. A number of analysts have revised their coverage, including RBC Capital Mkts’s analysts, who decreased its forecast for the stock in early February from “an Outperform” to “a Sector perform”. Truist began covering OLN with “Hold” recommendation on January 28, 2025. BofA Securities revised its rating on January 14, 2025. It rated OLN as “a Buy” which previously was an “a Neutral”.
Price Performance Review of OLN
On Tuesday, Olin Corp [NYSE:OLN] saw its stock jump 2.49% to $28.37. Over the last five days, the stock has gained 0.78%. Olin Corp shares have fallen nearly -16.07% since the year began. Nevertheless, the stocks have fallen -44.27% over the past one year. While a 52-week high of $60.60 was reached on 01/21/25, a 52-week low of $26.48 was recorded on 02/05/25. SMA at 50 days reached $33.03, while 200 days put it at $43.16.
Levels Of Support And Resistance For OLN Stock
The 24-hour chart illustrates a support level at 27.86, which if violated will result in even more drops to 27.34. On the upside, there is a resistance level at 28.76. A further resistance level may holdings at 29.14. The Relative Strength Index (RSI) on the 14-day chart is 37.01, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.71, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 70.83%. Stochastics %K at 20.83% indicates the stock is a holding.
The most recent change occurred on September 03, 2024 when BMO Capital Markets began covering the stock and recommended ‘”a Market perform”‘ rating along with a $50 price target.
