Ollies Bargain Outlet Holdings (OLLI) has been under a strong bear grip, hence the stock is down -4.11% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 0.64% in the past 1 week. The stock has risen by 0.81% in the past week indicating that the buyers are active at lower levels, but the stock is down -4.62% in the past 4 weeks.
The stock has recorded a 20-day Moving Average of 1.08% and the 50-Day Moving Average is 0.64%.The 200 Day SMA reached 11.75%
Ollies Bargain Outlet Holdings (NASDAQ:OLLI): After opening at $26.01, the stock dipped to an intraday low of $25.92 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $26.38 and the buying power remained strong till the end. The stock closed at $26.21 for the day, a gain of 1.00% for the day session. The total traded volume was 642,437. The stocks close on the previous trading day was $26.21.
Ollies Bargain Outlet Holdings (OLLI) : The highest level Ollies Bargain Outlet Holdings (OLLI) is projected to reach is $33 for the short term and the lowest estimate is at $26. The consolidated price target from 6 rating analysts who initiate coverage on the stock is $30.67 and the possibility the share price can swing is $2.5.
Ollies Bargain Outlet Holdings, Inc. is a retailer of closeouts, excess inventory and salvage merchandise. The Company, through its wholly owned subsidiary, Ollies Bargain Outlet, Inc., offers products of various categories, including housewares, food, books and stationery, bed and bath, floor coverings, toys and hardware. It offers products under various brands, such as Ollies, Ollies Bargain Outlet, Ollies Army, Real Brands! Real Bargains! and Good Stuff Cheap. The Company operates approximately through approximately 185 stores across 16 states, including Alabama, Delaware, Georgia, Indiana, Kentucky, Maryland, Michigan, New Jersey, New York, North Carolina, Ohio, Pennsylvania, South Carolina, Tennessee, Virginia and West Virginia. It owns several domain names, including www.ollies.us, www.olliesbargainoutlet.com, www.olliesarmy.com, www.ollies.cheap, www.sarasotabreeze.com and www.olliesmail.com.