Owens-Illinois (OI) : During the past 4 weeks, traders have been relatively bearish on Owens-Illinois (OI), hence the stock is down -4.27% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -1.8% relative to the S&P 500. The 4-week change in the price of the stock is -4.47% and the stock has fallen -2.45% in the past 1 week.
Company shares have received an average consensus rating of Hold for the current week The stock has recorded a twenty day Moving Average of 3.52% and the fifty day Moving Average is 1.96%. Owens-Illinois, Inc. has dropped 5.08% during the last three month period . Year-to-Date the stock performance stands at 3.04%.
Owens-Illinois (OI) : Average target price received by Owens-Illinois (OI) is $21.2 with an expected standard deviation of $1.3. The most aggressive target on the stock is $23, whereas the most downbeat target is $20. 5 financial analysts are currently covering the stock.
Owens-Illinois (NYSE:OI): On Fridays trading session , Opening price of the stock was $18.15 with an intraday high of $18.45. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $17.83. However, the stock managed to close at $17.95, a loss of 0.61% for the day. On the previous day, the stock had closed at $18.06. The total traded volume of the day was 1,216,514 shares.
Owens-Illinois, Inc. is the manufacturer of glass containers. The Company has approximately 75 glass manufacturing plants in over 21 countries. Its product lines include glass containers for the food and beverage industries. The Company operates in four segments: Europe, North America, South America and Asia Pacific. The Europe segment primarily produces glass containers for beer, wine, champagne, spirits and food markets. The North America segment has glass container manufacturing plants in the United States and Canada. The South America segment primarily produces glass containers for beer, non-alcoholic beverages, spirits, flavored malt beverages, wine, food and pharmaceuticals markets. The Asia Pacific segment primarily produces glass containers for the beer, wine, food and non-alcoholic beverage markets. The Company also produces glass packaging for a variety of food items, soft drinks, teas, juices and pharmaceuticals.