Notable ETF Outflow Detected - SCZ, TIGO, GLBE, ODD
Written by Emily J. Thompson, Senior Investment Analyst
Source: NASDAQ.COM
52 Week Range and Current Price: SCZ's 52-week low is $56.64 and high is $73.315, with the last trade recorded at $72.77, indicating a strong position near its high point.
ETFs Trading Dynamics: ETFs function like stocks but involve trading units that can be created or destroyed based on investor demand, impacting the underlying holdings significantly during notable inflows or outflows.
Analyst Views on ODD
Wall Street analysts forecast ODD stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for ODD is 66.63 USD with a low forecast of 49.00 USD and a high forecast of 80.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
8 Analyst Rating
6 Buy
2 Hold
0 Sell
Strong Buy
Current: 35.040
Low
49.00
Averages
66.63
High
80.00
Current: 35.040
Low
49.00
Averages
66.63
High
80.00
About ODD
Oddity Tech Ltd is an Israel-based company engaged in the beauty and wellness sector. The Company is operating a tech platform under its own brand on the Internet, whose purpose is to support a portfolio of brands and services connected to the beauty and wellness market and to develop products customized to the wishes of the Company's clients. The Company is using algorithms and machine learning models to match a corresponding physical product. Advanced biological models and machine learning-based tools are used to find new molecules for beauty and wellness purposes. The Company is active in research and development in areas such as data science, machine learning, and computer vision to enhance its products.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
