The ODP Co. (NASDAQ:ODP - Get Free Report) shares hit a new 52-week low during mid-day trading on Monday . The stock traded as low as $20.49 and last traded at $20.79, with a volume of 12422 shares changing hands. The stock had previously closed at $20.56.
Analyst Upgrades and Downgrades
Several research firms recently commented on ODP. UBS Group dropped their target price on ODP from $30.00 to $28.00 and set a "neutral" rating for the company in a research note on Thursday, November 7th. StockNews.com downgraded shares of ODP from a "buy" rating to a "hold" rating in a report on Friday, January 31st.
Read Our Latest Stock Report on ODP
ODP Stock Up 1.3 %
The stock has a fifty day moving average price of $23.70 and a 200-day moving average price of $27.50. The company has a debt-to-equity ratio of 0.28, a quick ratio of 0.47 and a current ratio of 0.92. The firm has a market cap of $609.36 million, a PE ratio of -22.23, a PEG ratio of 0.35 and a beta of 1.38.
Institutional Trading of ODP
Several large investors have recently bought and sold shares of ODP. KBC Group NV boosted its stake in shares of ODP by 88.9% during the 3rd quarter. KBC Group NV now owns 1,844 shares of the specialty retailer's stock valued at $55,000 after buying an additional 868 shares during the last quarter. GAMMA Investing LLC grew its holdings in ODP by 380.1% during the 4th quarter. GAMMA Investing LLC now owns 3,879 shares of the specialty retailer's stock worth $88,000 after acquiring an additional 3,071 shares in the last quarter. SG Americas Securities LLC bought a new stake in shares of ODP in the 3rd quarter worth about $104,000. KLP Kapitalforvaltning AS acquired a new stake in shares of ODP in the 4th quarter valued at about $150,000. Finally, Inceptionr LLC bought a new position in shares of ODP during the fourth quarter worth about $223,000. Institutional investors and hedge funds own 99.56% of the company's stock.
About ODP
(
Get Free Report)
The ODP Corporation provides business services and supplies, products, and digital workplace technology solutions for small, medium, and enterprise businesses in the United States, Puerto Rico, and the U.S. Virgin Islands. The company operates through four divisions: ODP Business Solutions, Office Depot, Veyer, and Varis.
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