Osisko Development Corp (NYSE: ODV) Drops -24.60% Over A Month, But Analysts Still See Upside Potential

Osisko Development Corp (NYSE:ODV) currently has a daily average trading volume of 260.13K but it saw 2251806 shares traded in last market. With a market cap of 367.40M USD, the company’s current market price of $1.90 came rising about 28.38 while comparing to the previous closing price of $1.48. In past 52 weeks, the stock remained buoying in the range of price level as high as $3.19 and as low as $1.34. In the recent trading on the day, stock has struck highest price mark of $1.64 while lowest mark touched by it was $2.02.

Taking a look at 20-day trading activity of Osisko Development Corp (ODV) gives us an average price of $1.6955, while its current price level is -40.44% below from 52-week high level whereas it is 41.85% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $1.9898 while that of 200 days or SMA-200 reads an average of $2.0916. A closer look into the stock’s movement over the week reveals that its volatility is standing at 12.44% during that period while stretching the period over a month that decreases to 8.04%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 55.55 which implies that the stock is in neutral territory.

Over the week, ODV’s stock price is moving 29.25% up while it is -24.60% when we observe its performance for the past one month. Year-to-date it is -34.71% down and over the past year, the stock is showing a downside performance of -36.03%.

The company is expected to be releasing its next quarterly report in December, for which analysts forecasted an EPS of 0 while estimate for next year EPS is 0.

Currently, Osisko Development Corp’s total number of outstanding shares is 84.10M with 33.12% of that held by the insiders while 12.65% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -38.60% and return on equity (ROE) at -32.92%. Stock has a price to book (P/B) ratio of 0.41 while price to sale or P/S ratio amounts to 43.63. Its return on asset (ROA) is -24.06% on average.