Oatly Group AB (NASDAQ:OTLY – Get Free Report) shares saw strong trading volume on Friday . 678,810 shares changed hands during mid-day trading, a decline of 62% from the previous session’s volume of 1,776,896 shares.The stock last traded at $0.96 and had previously closed at $0.97.
Oatly Group Stock Down 2.8 %
The company has a market cap of $559.36 million, a price-to-earnings ratio of -1.18 and a beta of 2.15. The company has a current ratio of 0.75, a quick ratio of 0.61 and a debt-to-equity ratio of 0.67. The firm’s fifty day moving average price is $1.08 and its 200-day moving average price is $1.11.
Oatly Group (NASDAQ:OTLY – Get Free Report) last announced its earnings results on Tuesday, April 30th. The company reported ($0.08) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.09) by $0.01. The firm had revenue of $199.16 million during the quarter, compared to analyst estimates of $198.43 million. Oatly Group had a negative net margin of 49.19% and a negative return on equity of 41.06%. During the same period in the prior year, the business earned ($0.13) EPS. Sell-side analysts predict that Oatly Group AB will post -0.28 earnings per share for the current year.
Hedge Funds Weigh In On Oatly Group
Oatly Group Company Profile
Oatly Group AB, an oatmilk company, provides a range of plant-based dairy products made from oats in Europe, the Middle East, Africa, the Americas, and Asia. It offers Barista edition oatmilk, oatgurts, frozen desserts, ice-creams, and yogurts; cooking products, including cooking cream, in regular and organic, Crème Fraiche, whipping cream, vanilla custard, and spreads in a variety of flavors; and ready-to-go drinks.
Further Reading
- Five stocks we like better than Oatly Group
- 3 Home Improvement Stocks that Can Upgrade Your Portfolio
- What’s Behind Walgreens Stock Plunge: What Investors Can Do Next
- Do Real Estate Investment Trusts Deserve a Place in Your Portfolio?
- MarketBeat Week in Review – 6/24 – 6/28
- Stock Splits, Do They Really Impact Investors?
- General Mills Stock Drops After Revenue Miss in Fiscal Q4 2024
Receive News & Ratings for Oatly Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Oatly Group and related companies with MarketBeat.com's FREE daily email newsletter.