Overstock.com, Inc. (NASDAQ:OSTK) has a beta value of 3.62 and has seen 1,084,936 shares traded in the last trading session. The company, currently valued at $756.31 Million, closed the last trade at $18.75 per share which meant it gained $0.3 on the day or 2.1% during that session. The OSTK stock price is -58.67% off its 52-week high price of $29.75 and 86.51% above the 52-week low of $2.53. If we look at the company’s 10-day average daily trading volume, we find that it stood at 2.88 Million shares traded. The 3-month trading volume is 3.5 Million shares.
Overstock.com, Inc. (NASDAQ:OSTK) trade information
Sporting 2.12% in the green today, the stock has traded in the green over the last five days, with the highest price hit on Monday, Jun 01 when the OSTK stock price touched $18.92- or saw a rise of 2.01%. Year-to-date, Overstock.com, Inc. shares have moved 162.98%, while the 5-day performance has seen it change 5.34%. Over the past 30 days, the shares of Overstock.com, Inc. (NASDAQ:OSTK) have changed 54.76%. Short interest in the company has seen 4.22 Million shares shorted with days to cover at 1.21.
Overstock.com, Inc. (OSTK) estimates and forecasts
Figures show that Overstock.com, Inc. shares have underperformed across the wider relevant industry. The company’s shares have gained +136.42% over the past 6 months, with this year growth rate of NA%, compared to NA% for the industry. Other than that, the company has, however, increased its growth outlook for the 2020 fiscal year revenue. Growth estimates for the current quarter are 58% and 48.3% for the next quarter. Revenue growth from the last financial year stood is estimated to be +-4.1%.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was +-63% over the past 5 years. Earnings growth for 2020 is a modest +49.4% while over the next 5 years, the company’s earnings are expected to increase by 5%.
Overstock.com, Inc. (NASDAQ:OSTK)’s Major holders
Insiders own 1.67% of the company shares, while shares held by institutions stand at 44.95% with a share float percentage of 45.71%. Investors are also buoyed by the number of investors in a company, with Overstock.com, Inc. having a total of 144 institutions that hold shares in the company. The top two institutional holders are Morgan Stanley with over 3.68 Million shares worth more than $18.36 Million. As of March 30, 2020, Morgan Stanley held 9.12% of shares outstanding.
The other major institutional holder is Allianz Asset Management GmbH, with the holding of over 1.87 Million shares as of March 30, 2020. The firm’s total holdings are worth over $9.32 Million and represent 4.63% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are Morgan Stanley Insight Fund and Vanguard Total Stock Market Index Fund. As of November 29, 2019, the former fund manager holds about 0.71% shares in the company for having 286356 shares of worth $2.17 Million while later fund manager owns 156.19 Thousand shares of worth $1.1 Million as of December 30, 2019, which makes it owner of about 0.39% of company’s outstanding stock.