NYSE:OIPackaging
O I Glass (OI) Could Be 46% Undervalued As Goodwill Write Down Deepens Losses
O-I Glass (OI) is back in focus after its latest quarterly report included an $873 million goodwill impairment, which contributed to a much larger net loss and has sharpened attention on the stock’s recent performance.
See our latest analysis for O-I Glass.
The share price reaction around O-I Glass’s results has been sharp, with the stock down 26.14% on a 30-day share price return basis and 52.84% lower year to date, while the 1-year total shareholder return has declined 45.87%. This pattern...