Olin traded at $26.78 this Friday May 15th, decreasing $0.96 or 3.46 percent since the previous trading session. Looking back, over the last four weeks, Olin lost 4.29 percent. Over the last 12 months, its price rose by 26.74 percent. Looking ahead, we forecast Olin to be priced at 26.24 by the end of this quarter and at 24.69 in one year, according to Trading Economics global macro models projections and analysts expectations.
Olin Corporation is a manufacturer and distributor of chemical products, and ammunition. The Company operates through three segments: Chlor Alkali Products and Vinyls, Epoxy, and Winchester. The Chlor Alkali Products and Vinyls segment manufactures and sells chlorine and caustic soda, ethylene dichloride (EDC) and vinyl chloride monomer, methyl chloride, methylene chloride, chloroform, carbon tetrachloride, perchloroethylene, trichloroethylene, hydrochloric acid, hydrogen, bleach products and potassium hydroxide. The Epoxy segment produces and sells a full range of epoxy materials and precursors, including aromatics, such as acetone, bisphenol, cumene and phenol, allyl chloride, epichlorohydrin, liquid epoxy resins, solid epoxy resins and downstream products such as converted epoxy resins and additives. The Winchester segment produces and sells sporting ammunition, reloading components, small caliber military ammunition and components, and industrial cartridges.