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.
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 dÃ©cor products, children's goods, fast moving consumer goods, fresh food, and car parts.
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