(OI) O-I Glass - Ratings and Ratios

O-I Glass Inc is a leading global manufacturer of glass containers, serving a diverse range of industries including food and beverage, pharmaceuticals, and spirits. The companys product portfolio includes a wide variety of glass containers in different sizes, shapes, and colors, catering to the needs of major brands worldwide. With a presence in the Americas, Europe, and internationally, O-I Glass has established itself as a key player in the global glass packaging market.

From a business perspective, O-I Glass operates under a model where it sells its products directly to customers through annual or multi-year supply agreements, as well as through distributors. This diversified sales approach allows the company to maintain a strong customer base across different regions and industries. Founded in 1903 and headquartered in Perrysburg, Ohio, O-I Glass has a long history of delivering high-quality glass packaging solutions.

Analyzing the technical data, we observe that O-I Glasss stock price is currently at $13.75, with its 20-day SMA at $13.38, 50-day SMA at $12.46, and 200-day SMA at $12.06. The ATR indicates a volatility of 2.87%. Given the current technical setup, where the stock price is above its short-term and long-term moving averages, it suggests a positive trend. The stock is also near its 52-week high of $14.01, indicating strong investor interest.

From a fundamental perspective, O-I Glass has a market capitalization of $2.1 billion and a forward P/E ratio of 10.56, suggesting that the stock may be undervalued relative to its earnings potential. However, the companys current RoE of -15.31% indicates challenges in generating returns on equity, likely due to industry headwinds or operational inefficiencies. Despite this, the forward P/E ratio implies that investors are expecting a recovery in earnings.

Forecasting the future performance of O-I Glass, we can anticipate that the companys stock will be influenced by both its technical trend and fundamental data. Given the current technical setup and the expectation of earnings recovery, we can project a potential price target. If the stock continues to trend upwards, breaking its 52-week high, it could reach $15.50 in the next 6-12 months, driven by a combination of improved earnings and sustained investor interest. Conversely, failure to break through the current resistance level could lead to a correction towards the 50-day SMA at $12.46. Thus, investors should closely monitor both the technical and fundamental indicators for signs of continued growth or potential reversal.