Oatly, a Swedish company that manufactures oat milk and other products, raised $1.43 billion in its initial public offering, selling American depositary shares at $17 each, the high end of its price range. The IPO gives Oatly a $10 billion valuation. Shares of OTLY are now trading on the Nasdaq.
Morgan Stanley, JPMorgan, Credit Suisse, Morgan Stanley, JPMorgan, Credit Suisse, Barclays, Jefferies, BNP Paribas, BofA Securities, Piper Sandler and RBC Capital Markets were the joint bookrunners.
Only you can make the decision on the time to leap... but here's some supporting information and analysis.
Over the last 12 months, Oatly's shares have ranged in value from as little as $0.44 up to $2.39. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Oatly's is 2.284. This would suggest that Oatly's shares are significantly more volatile than the average for this exchange and represent a higher risk.
Historical closes compared with the last close of $1.26
| 1 week (2024-05-02) | 2.44% |
|---|---|
| 1 month (2024-04-09) | 20.00% |
| 3 months (2024-02-08) | 11.50% |
| 6 months (2023-11-09) | 133.33% |
| 1 year (2023-05-09) | -44.00% |
| 3 years (2021-05-03) | N/A |
The gauge below shows real-time ratings that are based on 26 popular indicators such as moving averages, for specific time periods. It's not a recommendation but is simply technical analysis that can form part of your research.
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