Olenox Industries (NASDAQ:OLOX) Posts Quarterly Earnings Results

Olenox Industries (NASDAQ:OLOX) posted its quarterly earnings results on Tuesday. The company reported $398.88 earnings per share (EPS) for the quarter, FiscalAI reports. Olenox Industries had a negative return on equity of 118.68% and a negative net margin of 544.66%.The business had revenue of $1.11 million for the quarter.

Olenox Industries Trading Up 3.8%

OLOX traded up $0.20 during mid-day trading on Tuesday, hitting $5.47. The stock had a trading volume of 17,775 shares, compared to its average volume of 363,750. The stock’s fifty day simple moving average is $6.07 and its 200-day simple moving average is $12.29. The firm has a market capitalization of $3.39 million, a price-to-earnings ratio of -0.01 and a beta of 1.65. Olenox Industries has a 1-year low of $4.10 and a 1-year high of $437.06. The company has a debt-to-equity ratio of 0.24, a current ratio of 0.18 and a quick ratio of 0.14.

Analysts Set New Price Targets

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of Olenox Industries in a report on Friday, May 29th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, Olenox Industries currently has an average rating of “Sell”.

Institutional Trading of Olenox Industries

A number of large investors have recently made changes to their positions in the company. Engineers Gate Manager LP bought a new position in Olenox Industries during the fourth quarter worth about $32,000. Schonfeld Strategic Advisors LLC bought a new stake in shares of Olenox Industries in the fourth quarter worth about $73,000. Jane Street Group LLC bought a new stake in shares of Olenox Industries in the fourth quarter worth about $70,000. Finally, XTX Topco Ltd raised its position in shares of Olenox Industries by 360.3% during the second quarter. XTX Topco Ltd now owns 50,561 shares of the company’s stock worth $33,000 after purchasing an additional 39,576 shares during the period. Institutional investors own 3.50% of the company’s stock.

Olenox Industries Company Profile

Safe & Green Holding Corp (NASDAQ: SGBX) is a diversified cannabis and hemp company that develops, cultivates, manufactures and retails a range of cannabinoid-based products. Through its subsidiaries, the company operates state-licensed cultivation facilities and processing centers, producing items such as dried flower, pre-rolls, concentrates, vape cartridges and hemp-derived wellness products. Its vertically integrated approach is designed to oversee every stage of the supply chain—from seed to sale—ensuring consistent quality and regulatory compliance.

Founded in 2019, Safe & Green has pursued a growth strategy centered on acquiring and operating licensed assets in U.S.