Ozon (NASDAQ:OZON) Stock Price Down 3.5%

Ozon Holdings PLC (NASDAQ:OZON)’s share price traded down 3.5% during trading on Thursday . The stock traded as low as $26.52 and last traded at $26.56. 1,902 shares were traded during trading, a decline of 100% from the average session volume of 988,870 shares. The stock had previously closed at $27.51.

Separately, JPMorgan Chase & Co. raised shares of Ozon from a “neutral” rating to an “overweight” rating and lowered their target price for the company from $65.00 to $60.00 in a research note on Wednesday, November 17th.

The company has a debt-to-equity ratio of 1.61, a quick ratio of 1.67 and a current ratio of 1.92. The company’s 50 day simple moving average is $35.20 and its 200 day simple moving average is $45.64.

Ozon (NASDAQ:OZON) last released its earnings results on Tuesday, November 16th. The company reported ($0.88) EPS for the quarter. The business had revenue of $564.83 million for the quarter. Equities research analysts forecast that Ozon Holdings PLC will post -3.43 earnings per share for the current year.

Institutional investors and hedge funds have recently made changes to their positions in the company. Vanguard Group Inc. acquired a new position in shares of Ozon in the 2nd quarter worth approximately $4,379,000. Marshall Wace LLP acquired a new position in shares of Ozon in the 2nd quarter worth approximately $1,293,000. Cheyne Capital Management UK LLP grew its stake in shares of Ozon by 74.0% in the 2nd quarter. Cheyne Capital Management UK LLP now owns 43,500 shares of the company’s stock worth $2,550,000 after purchasing an additional 18,500 shares during the last quarter. 1832 Asset Management L.P. grew its stake in shares of Ozon by 92.0% in the 2nd quarter. 1832 Asset Management L.P. now owns 307,200 shares of the company’s stock worth $18,178,000 after purchasing an additional 147,200 shares during the last quarter. Finally, William Blair Investment Management LLC acquired a new position in shares of Ozon in the 2nd quarter worth approximately $36,810,000. 20.50% of the stock is currently owned by institutional investors.

Ozon Company Profile (NASDAQ:OZON)

Ozon Holdings PLC, together with its subsidiaries, operates as an internet retailer of multi-category consumer products to the general public primarily in the Russian Federation. The company offers products in various categories that include electronics, home and décor products, children's goods, fast moving consumer goods, fresh food, and car parts.

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