Olenox Industries (NASDAQ:OLOX) Stock Rating Raised to Hold at Wall Street Zen

Wall Street Zen upgraded shares of Olenox Industries (NASDAQ:OLOX) to a hold rating in a research note issued to investors on Saturday morning,Wall Street Zen reports.

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of Olenox Industries in a research report on Wednesday, August 26th. One research analyst has rated the stock with a Sell rating, According to MarketBeat.com, Olenox Industries currently has an average rating of “Sell”.

Olenox Industries Price Performance

Shares of Olenox Industries stock opened at $0.86 on Friday. The stock has a 50 day moving average of $2.50 and a 200 day moving average of $5.45. Olenox Industries has a 12 month low of $0.69 and a 12 month high of $93.40. The firm has a market cap of $1.44 million, a PE ratio of -0.05 and a beta of 1.56. The company has a current ratio of 0.13, a quick ratio of 0.12 and a debt-to-equity ratio of 1.08.

Olenox Industries (NASDAQ:OLOX) last released its quarterly earnings results on Wednesday, August 19th. The company reported ($3.11) earnings per share for the quarter. Olenox Industries had a negative net margin of 427.82% and a negative return on equity of 117.43%. The firm had revenue of $2.12 million for the quarter.

Olenox Industries Company Profile

Safe & Green Holdings Corp. is a design and construction services company, which engages in the provision of code engineered cargo shipping containers. It operates through the following segments: Construction, Medical, Development, and Corporate and Support. The Construction Services segment includes the manufacturing of unit SG ECHO and other modules projects. The Medical segment consists of joint venture COVID-19 laboratory operations. The Development segment focuses on real property development.