Olenox Industries Inc (NASDAQ:OLOX – Get Free Report) saw a large increase in short interest in the month of October. As of October 15th, there was short interest totaling 177,837 shares, an increase of 150.4% from the September 30th total of 71,030 shares. Based on an average daily trading volume, of 14,227,893 shares, the days-to-cover ratio is currently 0.0 days. Currently, 11.5% of the company’s shares are short sold.
Olenox Industries Trading Down 2.3%
Shares of NASDAQ:OLOX traded down $0.02 during mid-day trading on Friday, reaching $0.78. The stock had a trading volume of 588,832 shares, compared to its average volume of 14,691,264. The firm has a market cap of $1.30 million, a PE ratio of -0.04 and a beta of 1.56. The firm has a 50 day simple moving average of $0.95 and a two-hundred day simple moving average of $6.69. The company has a current ratio of 0.13, a quick ratio of 0.12 and a debt-to-equity ratio of 1.08. Olenox Industries has a twelve month low of $0.60 and a twelve month high of $93.40.
Olenox Industries (NASDAQ:OLOX – Get Free Report) last issued its quarterly earnings data on Wednesday, August 19th. The company reported ($3.11) earnings per share (EPS) for the quarter. Olenox Industries had a negative net margin of 427.82% and a negative return on equity of 117.43%. The firm had revenue of $2.12 million for the quarter.
Analyst Ratings Changes
A number of equities analysts have issued reports on OLOX shares. Wall Street Zen raised shares of Olenox Industries to a “hold” rating in a research note on Saturday, September 26th. Weiss Ratings reissued a “sell (e+)” rating on shares of Olenox Industries in a research note on Wednesday, August 26th. One equities research analyst has rated the stock with a Sell rating. According to MarketBeat.com, the company presently has a consensus rating of “Sell”.
Read Our Latest Stock Analysis on OLOX
Olenox Industries Company Profile
Safe & Green Holdings Corp. is a design and construction services company, which engages in the provision of code engineered cargo shipping containers. It operates through the following segments: Construction, Medical, Development, and Corporate and Support. The Construction Services segment includes the manufacturing of unit SG ECHO and other modules projects. The Medical segment consists of joint venture COVID-19 laboratory operations. The Development segment focuses on real property development.
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