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Olo Inc. (NYSE:OLO) Has Seen A Fall Of -71.30% This Year, Is It Still A Better Option Than Others?

In recent trading session, Olo Inc. (NYSE:OLO) saw 0.35 million shares changing hands at last check today with its beta currently measuring 0. Company’s recent per share price level of $7.22 trading at $0.08 or 1.05% at last check today assigns it a market valuation of $1.20B. That most recent trading price of OLO’s stock is at a discount of -279.09% from its 52-week high price of $27.37 and is indicating a premium of 4.99% from its 52-week low price of $6.86. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 2.14 million shares which gives us an average trading volume of 1.39 million if we extend that period to 3-months.

Olo Inc. (NYSE:OLO) trade information

Upright in the green today for gaining 1.05%, in the last five days OLO remained trading in the red while hitting it’s week-highest on Friday, 11/18/22 when the stock touched $7.22 price level, adding 8.38% to its value on the day. Olo Inc.’s shares saw a change of -65.69% in year-to-date performance and have moved -9.04% in past 5-day. Olo Inc. (NYSE:OLO) showed a performance of -17.07% in past 30-days. Number of shares sold short was 10.22 million shares which calculate 8.51 days to cover the short interests.

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Olo Inc. (OLO) estimates and forecasts

Statistics highlight that Olo Inc. is scoring comparatively lower than the scores of other players of the relevant industry. The company lost -32.58% of value to its shares in past 6 months, showing an annual growth rate of -50.00% while that of industry is 5.20. Apart from that, the company came lowering its revenue forecast for fiscal year 2022. The company is estimating its revenue growth to decrease by -66.70% in the current quarter and calculating -50.00% decrease in the next quarter. This year revenue growth is estimated to rise 22.60% from the last financial year’s standing.

7 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of $46.6 million for the same. And 7 analysts are in estimates of company making revenue of $48.09 million in the next quarter that will end on Dec 2022.

OLO Dividends

Olo Inc. is more likely to be releasing its next quarterly report between February 21 and February 27 and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.

Olo Inc. (NYSE:OLO)’s Major holders

Insiders are in possession of 3.36% of company’s total shares while institution are holding 99.76 percent of that, with stock having share float percentage of 103.23%. Investors also watch the number of corporate investors in a company very closely, which is 99.76% institutions for Olo Inc. that are currently holding shares of the company. Raine Capital Llc is the top institutional holder at OLO for having 32.63 million shares of worth $322.06 million. And as of Jun 29, 2022, it was holding 35.80% of the company’s outstanding shares.

The second largest institutional holder is Brown Capital Management, LLC, which was holding about 11.28 million shares on Jun 29, 2022. The number of shares represents firm’s hold over 12.37% of outstanding shares, having a total worth of $111.29 million.

On the other hand, Brown Capital Management Small Company Fund and Hartford Mid Cap Fund are the top two Mutual Funds which own company’s shares. As of Jun 29, 2022, the former fund manager was holding 6.0 million shares of worth $59.2 million or 6.58% of the total outstanding shares. The later fund manager was in possession of 3.95 million shares on Jul 30, 2022, making its stake of worth around $42.31 million in the company or a holder of 4.33% of company’s stock.

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