What Do Wall Street Analysts Think Of Owens-Illinois, Inc. (OI), Overseas Shipholding Group, Inc. (OSG)?

Owens-Illinois, Inc. (NYSE:OI) recently ticked lower on strong volume. About 1.93 million contracts were traded on 05-Feb-18 compared to daily average volume of 1.29 million shares. The first sale was made at $22.27 but later the stock became weaker, and closed with a fall of -6.32%. It was last traded at $21.05 apiece.

Owens-Illinois, Inc. (OI): Hold Candidate With 24.99% Upside Potential

Owens-Illinois, Inc. is maintained at an average hold rating by 14 stock analysts, and there are at least 2.41% of shares outstanding that are currently legally short sold. The shares went down by -6.19% in value last month. Year-to-date it plunged -5.05%. Analysts are turning out to be more optimistic than before, with 3 of analysts who cover Owens-Illinois, Inc. (NYSE:OI) advice adding it to buy candidate list. Wall Street experts also assign a $26.31 price target on Owens-Illinois, Inc., pointing towards a 24.99% rally from current levels. The stock is trading for about -18.73% less than its 52-week high.

Owens-Illinois, Inc. Reports 0.88% Sales Growth

Owens-Illinois, Inc. (OI) remained successful in beating the consensus-estimated $0.73 as it actually earned $0.77 per share in its last reported financial results. Revenue, on the other hand, scored 0.88% growth from the previous quarter, coming up with $1.77 billion.

OI Retreats -9.07% In A Week

This company shares (OI) so far managed to recover 10.09% since collapsing to its 52-week low. Over a month, it has seen its stock price volatility to stay at 3.26% while shortening the period to a week, volatility was 2.17%. The share price has yet to cross its 20 days moving average, floating at a distance of -7.29% and sits -8.14% lower versus its 50 days moving average. When looking at the past five sessions, the stock returned -9.07% losses and is down by -10.33% compared with its 200-day moving average of $23.82. Also, Owens-Illinois, Inc. (OI) needs to expand a 9.41% increase it experienced over the past twelve months.

Overseas Shipholding Group, Inc. (NYSE:OSG) Consensus Call At 3

As regular trading ended, Overseas Shipholding Group, Inc. (OSG) stock brought in a -$0.13 drop to $1.95. The day started at a price of $2.06 but then traded as high as $2.075 before giving part of the gains back. As for this week, analysts appear content to stick with their bleak outlook with the consensus call at 3. Overseas Shipholding Group, Inc. sank -63.62% from their peak of $5.36 and now has a $147.75 million market value of equity.

Overseas Shipholding Group, Inc. (OSG) Returns -28.83% This Year

The company had seen its current volume reaching at 0.86 million shares in the last trade. That compares with the recent volume average of 0.56 million. At the close of regular trading, its last week’s stock price volatility was 6.79% which for the month reaches 7.07%. Overseas Shipholding Group, Inc. dipped to as low as $1.95 throughout the day and has returned -28.83% in this year. At one point in the past year, the shares traded as low as $1.96 but has recovered -0.51% since then.

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