18-Apr-2024
O-I Glass Sustainably Transformed and Expanded Zipaquira, Colombia, Plant
Globe Newswire (Wed, 17-Apr 7:15 AM ET)
Globe Newswire (Tue, 16-Apr 5:26 PM ET)
Small and midcap pair trades for every sector - Oppenheimer
Seeking Alpha News (Mon, 15-Apr 6:38 AM ET)
O-I Glass Drinktainer Enters RTD Market
Globe Newswire (Tue, 9-Apr 4:15 PM ET)
O-I Glass Appoints Gordon Hardie as Chief Executive Officer
Globe Newswire (Thu, 4-Apr 8:30 AM ET)
O-I Glass Announces First Quarter 2024 Earnings Conference Call and Webcast
Globe Newswire (Wed, 3-Apr 4:15 PM ET)
O-I GLASS JOINS SUSTAINABLE WINE ROUNDTABLE TO ADVISE AND ADVANCE GLOBAL WINE SUSTAINABILITY
Globe Newswire (Tue, 26-Mar 7:15 AM ET)
Globe Newswire (Mon, 25-Mar 10:00 AM ET)
O-I Glass Announces CEO Andres Lopez to Retire
Globe Newswire (Wed, 6-Mar 8:31 AM ET)
O-I GLASS TO PRESENT AT BofA SECURITIES 2024 GLOBAL AGRICULTURE AND MATERIALS CONFERENCE
Globe Newswire (Thu, 22-Feb 4:15 PM ET)
O-I Glass is the world's largest manufacturer of glass bottles; 70% of its revenue comes from outside the United States. O-I has a leading position in key markets such as Europe, North America, and Brazil. Beer is the primary end market for O-I's glass bottles, which are also used for wine, soda, spirits, condiments, and food. O-I is looking to maintain or expand its dominant positions in Europe, North America, and South America.
O-I Glass trades on the NYSE stock market under the symbol OI.
As of April 18, 2024, OI stock price climbed to $15.42 with 879,593 million shares trading.
OI has a beta of 1.42, meaning it tends to be more sensitive to market movements. OI has a correlation of 0.26 to the broad based SPY ETF.
OI has a market cap of $2.37 billion. This is considered a Mid Cap stock.
Last quarter O-I Glass reported $2 billion in Revenue and $.12 earnings per share. This beat revenue expectation by $11 million and exceeded earnings estimates by $.09.
In the last 3 years, OI stock traded as high as $23.57 and as low as $10.64.
The top ETF exchange traded funds that OI belongs to (by Net Assets): IJR, VTI, VB, IWM, VBR.
OI has underperformed the market in the last year with a price return of -30.0% while the SPY ETF gained +22.2%. OI has also underperformed the stock market ETF in the last 3 month and 2 week periods returning +5.0% and -4.2%, respectively, while the SPY returned +5.2% and -2.6%, respectively.
OI support price is $14.72 and resistance is $15.46 (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 OI stock will trade within this expected range on the day.