Oatly Group AB, with a ticker symbol of OTLY, is a Nasdaq listed public company. As of 3rd February 2023, its market cap has been reported at 15.5 billion US Dollars by the exchange. The company’s stock price has seen an impressive increase of 4.2 percent since its previous close on 2nd February and closed at 2.22 US Dollars per share. The share’s price has had a high of 7.98 US Dollars and low of 1.28 dollars during the last 12 months respectively.
Its 50 day average price stands at 2.03 US Dollars per share while its 200 day average price stands at 2.87 US Dollars per share implying that the current market capitalization is currently lower than both these averages indicating that investors have not yet fully priced in the potential upside of this company’s stock for investors. Moreover, Oatly Group AB has 5919 mln outstanding shares as of 3rd February 2023 with an earnings announcement date set for 14th November 2022 and expected to report -0.464 Earnings Per Share (EPS).
Given the above information, it can be concluded that Oatly Group AB’s financial condition is relatively strong given its increasing stock prices, lower than average market capitalization and upcoming earnings announcement date which could potentially bring additional upside in the company’s stock price
