Olin Corp. (OLN) is Trading Lower on Unusual Volume for December 21

Equities Staff |

Olin Corp. (OLN) experienced unusually high volume on Dec. 21, as the stock lost 2.31% to a closing price of $17.34. The stock saw 8.47 million shares trade hands over the course of the day on 24,640 trades. Given that the stock’s average daily volume over the last month has been 2.74 million shares a day, this represents a pretty substantial spike over the norm.

Olin Corp. has a P/B ratio of 2.74. It also has a P/E ratio of 18.1. The stock has traded between $34.34 and $15.73 over the last 52-weeks, its 50-day SMA is now $19.57, and its 200-day SMA $23.65.

Olin Corp is manufactures and sells chlor alkali products. It is engaged in three segments Chlor Alkali Products, Chemical Distribution and Winchester.

Headquartered in Clayton, MO, Olin Corp. has 3,900 employees and is currently under the leadership of CEO Joseph D. Rupp.

For a complete fundamental analysis analysis of Olin Corp., check out Equities.com’s Stock Valuation Analysis report for OLN. To see the latest independent stock recommendations from Equities.com’s analysts, visit our Research section.


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All data provided by QuoteMedia and was accurate as of 4:30PM ET.

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