ODD Stock Summary and Trading Ideas (Oddity Tech Ltd. - Class A | NASDAQ:ODD)

ODDITY Tech Ltd offers a consumer tech platform that is built to transform the beauty and wellness market. The ODDITY platform is designed to support a portfolio of brands and services that innovate and disrupt the expansive beauty and wellness market. It consumes user data to develop physical beauty and wellness products that deliver performance and functionality. Its brands include SpoiledChild and IL Makiage.

Oddity Tech Ltd. - Class A trades on the NASDAQ stock market under the symbol ODD.

As of November 18, 2024, ODD stock price climbed to $40.06 with 124,991 million shares trading.

ODD has a beta of 2.62, meaning it tends to be more sensitive to market movements. ODD has a correlation of 0.30 to the broad based SPY ETF.

ODD has a market cap of $2.28 billion. This is considered a Mid Cap stock.

Last quarter Oddity Tech Ltd. - Class A reported $119 million in Revenue and $.32 earnings per share. This beat revenue expectation by $3 million and exceeded earnings estimates by $.09.

The top ETF exchange traded funds that ODD belongs to (by Net Assets): IEFA, SCZ, IXUS, ONLN, EIS.

ODD has underperformed the market in the last year with a return of +13.8%, while the SPY ETF gained +32.3%. In the last 3 month period, ODD fell short of the market, returning -1.5%, while SPY returned +6.6%. However, in the most recent 2 weeks ODD has outperformed the stock market by returning +5.2%, while SPY returned +3.0%.

ODD support price is $38.41 and resistance is $41.09 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that ODD shares will trade within this expected range on the day.