News Spotlight: Olin Corporation’s (NYSE: OLN)

Olin Corporation’s (NYSE: OLN) stock observed trading -33.13% off 52-week high price. On the other end, the stock has been noted 19.75% away from low price over the last 52-weeks. The stock disclosed a move of -0.39% away from 50 day moving average and -4.16% away from 200 day moving average. Moving closer, we can see that shares have been trading 0.18% off 20-day moving average. It has market cap of $3572.94M and dividend yield of 3.74%.

On July 25, 2019, Olin Corporation’s (NYSE: OLN) Board of Directors declared a quarterly dividend of $0.20 on each share of Olin common stock.  The dividend is payable on September 10, 2019 to shareholders of record at the close of business on August 9, 2019.  This marks the company’s 371st consecutive quarterly dividend.

COMPANY DESCRIPTION

Olin Corporation is a leading vertically-integrated global manufacturer and distributor of chemical products and a leading U.S. manufacturer of ammunition.  The chemical products produced include chlorine and caustic soda, vinyls, epoxies, chlorinated organics, bleach and hydrochloric acid.  Winchester’s principal manufacturing facilities produce and distribute sporting ammunition, law enforcement ammunition, reloading components, small caliber military ammunition and components, and industrial cartridges.

 The USA based company Olin Corporation moved with change of -1.70% to $21.4 with the total traded volume of 1491385 shares in recent session versus to an average volume of 2377.67K. The stock was observed in the 5 days activity at -0.09%.The one month performance of stock was 0.00%. OLN’s shares are at -5.14% for the quarter and driving a -25.23% return over the course of the past year and is now at 6.41% since this point in 2018.  Right now the stock beta is 1.53. The average volatility for the week and month was at 2.41% and 2.89% respectively. There are 166.96M shares outstanding and 162.23M shares are floated in market.

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