Thomas L. Young, a Director at O-I, now directly owns 27,097 shares of the company’s stock, valued at approximately USD 706,689.76, thanks to his purchase of 1,000 shares on the open market in a transaction that occurred on Friday, 20 February.
O-I traded down 0.77% during mid-day trading on Friday, hitting USD 25.90. 1,874,046 shares of the company’s stock traded hands. Owens-Illinois has a 52-week low of USD 22.65 and a 52-week high of USD 35.18. The stock’s 50-day moving average is USD 24.69 and its 200-day moving average is USD 26.78. The company has a market cap of USD 4.253 billion and a price-to-earnings ratio of 57.87.
Owens-Illinois, Inc, is a glass container manufacturer and preferred partner for various food and beverage brands. It provides glass packaging for beer, wine, spirits, food, non-alcoholic beverages, cosmetics and pharmaceuticals. It also produces tableware and stemware for household use.