Olenox Industries (NASDAQ:OLOX) Posts Quarterly Earnings Results

Olenox Industries (NASDAQ:OLOX) released its quarterly earnings data on Tuesday. The company reported $398.88 earnings per share (EPS) for the quarter, FiscalAI reports. Olenox Industries had a negative net margin of 544.66% and a negative return on equity of 118.68%. The company had revenue of $1.11 million during the quarter.

Olenox Industries Stock Up 3.8%

NASDAQ OLOX opened at $5.47 on Wednesday. The business has a 50 day moving average price of $6.06 and a two-hundred day moving average price of $12.07. Olenox Industries has a fifty-two week low of $4.10 and a fifty-two week high of $437.06. The company has a quick ratio of 0.14, a current ratio of 0.18 and a debt-to-equity ratio of 0.24. The stock has a market cap of $3.39 million, a PE ratio of -0.01 and a beta of 1.65.

Hedge Funds Weigh In On Olenox Industries

Institutional investors have recently added to or reduced their stakes in the company. Engineers Gate Manager LP acquired a new stake in shares of Olenox Industries during the fourth quarter valued at about $32,000. XTX Topco Ltd grew its stake in Olenox Industries by 360.3% during the 2nd quarter. XTX Topco Ltd now owns 50,561 shares of the company’s stock valued at $33,000 after purchasing an additional 39,576 shares in the last quarter. Jane Street Group LLC acquired a new stake in Olenox Industries during the 4th quarter valued at approximately $70,000. Finally, Schonfeld Strategic Advisors LLC purchased a new stake in Olenox Industries during the 4th quarter worth approximately $73,000. Institutional investors and hedge funds own 3.50% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Olenox Industries in a research report on Friday, May 29th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock currently has a consensus rating of “Sell”.

Olenox Industries Company Profile

Safe & Green Holding Corp (NASDAQ: SGBX) is a diversified cannabis and hemp company that develops, cultivates, manufactures and retails a range of cannabinoid-based products. Through its subsidiaries, the company operates state-licensed cultivation facilities and processing centers, producing items such as dried flower, pre-rolls, concentrates, vape cartridges and hemp-derived wellness products. Its vertically integrated approach is designed to oversee every stage of the supply chain—from seed to sale—ensuring consistent quality and regulatory compliance.

Founded in 2019, Safe & Green has pursued a growth strategy centered on acquiring and operating licensed assets in U.S.