How to Buy Olo Stock
Olo Inc
Olo is a app company located in New York, United States, which is part of the Technology sector, and is traded under the ticker OLO on the NYSE exchange.
Olo stock last closed at $7.71, up 1.18% from the previous day, and has increased 37.43% in one year. It has overperformed other stocks in the Software - Application industry by 0.12 percentage points. Olo stock is currently +83.57% from its 52-week low of $4.20, and -2.22% from its 52-week high of $7.89.
As of Dec 11, 2024, there are 163.67M OLO shares outstanding. The market cap of OLO is $1.26B. In the last 24 hours, 1.62M OLO shares were traded.
How to Buy Olo Stock
Wondering how to invest in Olo stock? Here's how.
- Figure out where to buy Olo stock: You need to choose a stock brokerage, but don't worry - we've sifted through dozens of online brokerages and apps to help you choose where to buy Olo stock.
- Open a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
- Put funds into your investment account: Pick your payment method and add your information.
- Evaluate Olo stock: The Olo ticker symbol is OLO. Is Olo stock a good investment? Should you buy shares of OLO? How do OLO's underlying business fundamentals look? Do top analysts think Olo is a good buy? Why has OLO's stock price moved recently? (Hint: Our stock analysis website can help you decide if OLO is a good stock to buy).
- Place your OLO purchase: Decide if you will purchase OLO shares at the current market price or use a limit order to purchase OLO stock at a specific price.
- Watch your investment in OLO: Create a watchlist to important notifications about your new investment in Olo stock.
Step 1: Figure out where to buy Olo stock
You need a brokerage account to access the NYSE market and buy OLO stock.
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Open eToro AccountStep 2: Open a brokerage account
Now that you've picked the right brokerage, it's time to fill out some personal info so you are able to invest in OLO stock today.
How to Open a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal details to start a new trading account.
- Send your application by pressing the "Create Account" button. Get started with eToro today
Step 3: Put funds into your investment account
Now that you've opened your account on apps for stocks, you can securely and quickly fund your account:
Watch the tutorial below for more details transferring money into your new investment account.
Step 4: Evaluate Olo stock
After you have figured out the best place to buy Olo stock, it's absolutely critical to analyze their stock before you invest, so you truly comprehend the risk and opportunity.
Overview of key OLO info
Olo Due Diligence Score
WallStreetZen was designed to help part-time investors do better fundamental analysis in minutes instead of hours.
You can see all of the due diligence checks on OLO's stock page.
How is OLO stock valued?
Analysts use a variety of different financial metrics, analyses, models, and charts to gauge OLO's true value.
Using relative valuations methods:
- OLO may be undervalued based on its P/B ratio of 1.89x, relative to Software - Application industry P/B ratio of 8.17x
You can access more valuation research on OLO's stock here.
OLO Financial Overview
Positive Financial Indicators:
- OLO's operating cash flow of $36.20M allows it to safely service it's debt of $14.71M.
- OLO has a low debt to equity ratio of 0.1.
- There are more short-term assets than short-term liabilities on the OLO balance sheet.
- There are more short-term assets than long-term liabilities on the OLO balance sheet.
- OLO profit margin has gone up from -23.6% to -5.9% in the past year.
Negative Financial Indicators:
- OLO earnings of -$15.52M is not sufficient to cover its interest payments.
Is Olo stock a Buy, Hold, or Sell, according to Wall Street analysts?
Out of 2 sell side analysts who give recommendations on OLO, the consensus analyst rating on OLO is a Strong Buy
It's important to note that analyst ratings are not recommendations, nor are they investment advice.
You can dig deeper into what analysts are projecting on the Olo stock forecast page.
OLO Momentum
OLO Performance Numbers
Last year, OLO revenue was $271.87M. In the past 3 year, OLO's revenue has increased by 98.05% per year. This was faster than the Software - Application industry average of 29.14%.
Dig into OLO's earnings and revenue performance here.
Who is buying/selling OLO?
In the last 12 months, executives and large shareholders at OLO have sold more shares than they have bought.
Peter J. Benevides, Chief Financial Officer of OLO, was the latest OLO insider to sell. They sold $122,774.34 worth of OLO stock on Dec 6, 2024.
Research more about who owns OLO shares here.
Does OLO provide a stable income stream?
No, Olo doesn't provide an income stream by paying out dividends.
What others are saying about OLO
One of the primary reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to find out what other community members have to say.
Step 5: Place your OLO purchase
You have two primary types of orders:
- Market order: A market order is an order to buy or sell a security at the best available price.
Market orders are mostly fine. - Limit order: A limit order is an order to buy or sell a security at a specific price (or better).
If you want to ensure you're buying or selling at a given dollar amount, use a limit order.
Click the Open button and your broker will place your order.
If you need additional help buying stocks on eToro, watch the helpful video below:
Step 6: Watch your investment in OLO
Now that you own some shares in OLO, you'll want to keep up with your new investment.
Create a watchlist to track the latest developments regarding your OLO stock.
OLO Feed
How to Buy Stock in Olo
To summarize, here are the 6 steps for buying Olo stock:
- Figure out where to buy Olo stock
- Open a brokerage account
- Put funds into your investment account
- Evaluate Olo stock
- Place your OLO purchase
- Watch your investment in OLO
If you require a place to buy stocks, eToro is our recommended option.
Get Started with eToro TodayIf you would like to track your investment in Olo, click below.
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