Olenox Industries (NASDAQ:OLOX) Upgraded at Wall Street Zen

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

Separately, Weiss Ratings reissued 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 presently has an average rating of “Sell”.

Olenox Industries Trading Down 3.5%

NASDAQ OLOX opened at $0.83 on Friday. The stock has a market capitalization of $1.39 million, a price-to-earnings ratio of -0.05 and a beta of 1.56. The stock’s 50 day moving average price is $2.41 and its two-hundred day moving average price is $5.29. The company has a debt-to-equity ratio of 1.08, a quick ratio of 0.12 and a current ratio of 0.13. Olenox Industries has a 52 week low of $0.69 and a 52 week high of $93.40.

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. The firm had revenue of $2.12 million for the quarter. Olenox Industries had a negative return on equity of 117.43% and a negative net margin of 427.82%.

About Olenox Industries

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.