ODDITY Tech Ltd (ODD): The stock medium term indicators say Buy today

ODDITY Tech Ltd (ODD) saw an uptrend of 6.97% in the recent trading with $43.12 being its most recent. The current price level -14.38% lower than the highest price of $50.36 marked by the stock while trading over the past 52-weeks, whereas it is 42.12% higher than the lowest price of $30.34 the company dropped to over past 52-weeks. The latest news story on ODD appeared in (Zacks) under the title “Can Oddity Tech (ODD) Climb 28.74% to Reach the Level Wall Street Analysts Expect?”.

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Squeezing the time span to 30 day period shows us the stock is currently trading -8.41% below one month high and is +14.94% above of the lowest during that time. Looking into the simple moving average, ODDITY Tech Ltd (ODD)’s stock stands at a SMA-50 of $39.83 while that of 5-day is reading $40.68.

Daily rise and fall of price influence many of the traders, and in order to overcome the fluctuating effect of that and to watch the stock closely, traders focus more on stock’s 200-day moving average. At various points in trading activity, investors are more likely to be making use of that measure as a strong indicator in figuring out their support and resistance levels, and ODD’s SMA-200 as of now is $39.37.

Do analysts rate it as a buy, sell or hold?

Irrespective of recent performance, what’s important is what the future holds. In uncertain economic times, a clear picture is difficult to get. Analysts generally have a good understanding of the market works, which gives them a leg up in making predictions. Currently, the stock has been recommended as Strong Buy by 4 of the brokerage firms. Analyst ratings are often compiled into a single score from 1 to 5. The score of 1 signifies buy or strong buy, the score of 2 signifies outperform, the score of 3 means hold, and the score of 4 indicates underperform. The simple numeric range of brokerage firm referenced at the scale of 1 to 5 reads a current average recommendation of 1.50 for the stock.

ODDITY Tech Ltd Earnings – What Happened With ODD

Coming around sales and income figures on ODD Stock Income Statement, public trading companies under normal circumstances post earnings and revenues near to average estimates by the Wall Street analysts, but those could came either above or below estimates and known as surprise factor.

ODD – ODDITY Tech Ltd Stock Earnings Estimates

Investors get the exact data about the key information of institutional ownership in a listed company through its 13F filings at the Stock Exchange Commission (SEC). The total number of common shares currently owned by the public is 45.32 million. ODD does have institutional investors; and they hold 57.07% of the stock.

ODDITY Tech Ltd – Insider Activity and Holdings

Currently, the stock has been recommended as Strong Buy by 4 of the brokerage firms. Analyst ratings are often compiled into a single score from 1 to 5. The score of 1 signifies buy or strong buy, the score of 2 signifies outperform, the score of 3 means hold, and the score of 4 indicates underperform. The simple numeric range of brokerage firm referenced at the scale of 1 to 5 reads a current average recommendation of 1.50 for the stock.

The liquidity is a key characteristic of any stock and is the main point of focus of both short-term as well as long term investors before start trading into a stock. In recently reported quarter, ODDITY Tech Ltd has a debt to equity ratio of 0.06.

Technical Analysis of ODDITY Tech Ltd (NASDAQ:ODD) stock

To comprehend better with the trade moves and investors’ behavior, exploring the short, medium and long term technical indicators along with average volume of a stock is an effective way to make use of. When looking into those indicators for ODDITY Tech Ltd (ODD), we notice that the stock’s 20-day average volume is at 411,935 shares and 100% of short term indicators are suggesting the stock as Buy. Medium term indicators at an average of 100% are spotting the stock at Buy with its 50-day average volume of 351,310 shares. And to end, ODD’s 100-day average volume is 376,098 shares with 75% of the long-term indicators pointing towards Buy for the stock.