OI
O-I Glass, Inc. Consumer Cyclical - Packaging & Containers Investor Relations →
O-I Glass, Inc. (OI) closed at $9.23 as of 2026-06-19, trading 37.5% below its 200-week moving average of $14.78. This places OI in the extreme value zone. The stock moved further from the line this week, up from -38.1% last week. The 14-week RSI sits at 40, indicating neutral momentum.
Trading volume is running at 1.2x of its 14-week average, which is in the normal range. The balance between buying and selling volume (0.74 ratio) is neutral — neither side is clearly dominating.
Over the past 1753 weeks of data, OI has crossed below its 200-week moving average 36 times. On average, these episodes lasted 26 weeks. Historically, investors who bought OI at the start of these episodes saw an average one-year return of +3.9%.
With a market cap of $1415 million, OI is a small-cap stock. The company generates a free cash flow yield of 9.0%, which is notably high. Return on equity stands at -12.1%. The stock trades at 1.1x book value.
This stock also meets the Yartseva multibagger criteria as a small-cap with strong free cash flow yield and reasonable book value.
Over the past 33.5 years, a hypothetical investment of $100 in OI would have grown to $82, compared to $3097 for the S&P 500. OI has returned -0.6% annualized vs 10.8% for the index, underperforming the broader market over this period.
Free cash flow has been volatile over the past several years, making the quality of earnings harder to assess.
Business Health
Annual financials — how the underlying business has performed over the past several years.
Cash Flow Free cash flow & net income ($M)
Revenue Annual revenue ($M) — business growth proxy
Total Debt Balance sheet debt ($M)
ROIC Return on invested capital (%)
FCF Yield Free cash flow / market cap (%) — Yartseva signal
Gross Margin Pricing power & competitive moat (%)
Shares Outstanding Buybacks vs dilution (millions)
Growth of $100: OI vs S&P 500
Monthly data normalized to $100 at start. Vertical dashed lines mark 200-week MA touches.
What Happens After OI Crosses Below the Line?
Across 36 historical episodes, buying OI when it crossed below its 200-week moving average produced an average return of +2.9% after 12 months (median +0.0%), compared to +9.7% for the S&P 500 over the same periods. 47% of those episodes were profitable after one year. After 24 months, the average return was +6.1% vs +26.8% for the index.
Each line shows $100 invested at the moment OI crossed below its 200-week MA. Bold blue = stock average. Gray dashed = S&P 500 average over same periods.
Bean Score Experimental
The Bean Score measures how far a stock's free cash flow yield has deviated from its own quarterly baseline, normalized by the stock's historical behavior. Between earnings dates, FCF is constant — so the score is purely a function of stock price. The levels below show at what prices OI would reach each dislocation threshold.
Dislocation Price Levels
Prices where OI's Bean Score would hit each σ threshold. Valid until next earnings report: 2026-07-28.
| Level | σ | Price | Signal |
|---|---|---|---|
| Deep Value | +2σ | $4.16 | Unusually cheap — potential buy zone |
| Value | +1σ | $5.39 | Cheap vs. own history |
| Fair Value | +0σ | $7.67 | Historical mean behavior |
| Expensive | -1σ | $13.29 | Expensive vs. own history |
| Deep Expensive | -2σ | $49.69 | Unusually expensive — potential trim zone |
Quarterly FCF & Yield Trailing twelve-month free cash flow and yield at each quarter end
Signal Accuracy Collecting Data
The Bean Score system is accumulating weekly data to validate signal accuracy. After 13+ weeks of history, this section will display win rates and average returns for each σ threshold crossing — answering the question: "When this score says cheap or expensive, does the price subsequently move in the expected direction?"
Theoretical framework — not backtested or forward-tested. The Bean Score uses trailing twelve-month free cash flow yield as a dislocation identifier. It measures whether the market has pushed a stock's yield unusually far from its own baseline behavior. These levels are reference points for identifying potential swing trade opportunities, not buy/sell signals. FCF values update quarterly with earnings; between reports, all movement is price-driven.
Dislocation Scores Experimental
Each score measures deviation from OI's own historical baseline — the same idea as the Bean Score, applied to different fundamentals. Positive means cheaper or more dislocated than this stock's norm. Scores marked σ are normalized by the stock's own variability; pp values are simple deltas from its recent baseline.
Theoretical framework — not backtested. These scores describe how unusual today's readings are for this specific company. They are starting points for research, not buy or sell signals. Annual-statement scores (buyback, accruals, FCF vs history) rest on only ~4 yearly data points and are deltas, not sigmas.
Historical Touches
OI has crossed below its 200-week MA 36 times with an average 1-year return of +3.9% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| Nov 1992 | Jan 1993 | 9 | 25.2% | +25.4% | +12.4% |
| Apr 1993 | May 1993 | 1 | 2.1% | +11.5% | -13.4% |
| Jun 1993 | Jun 1993 | 1 | 3.3% | +17.4% | -12.4% |
| Jul 1993 | Nov 1993 | 18 | 13.1% | -4.5% | -15.3% |
| Apr 1994 | Apr 1994 | 1 | 5.5% | +6.0% | -10.3% |
| Jun 1994 | Jul 1994 | 2 | 1.9% | +20.5% | -14.4% |
| Jul 1994 | Aug 1994 | 3 | 5.2% | +27.6% | -13.4% |
| Oct 1994 | Apr 1995 | 25 | 7.3% | +13.5% | -15.3% |
| Feb 1999 | Apr 1999 | 8 | 6.5% | -39.0% | -61.9% |
| Jul 1999 | Apr 2002 | 142 | 89.1% | -45.6% | -63.1% |
| Apr 2002 | May 2002 | 3 | 20.2% | -37.1% | -33.0% |
| Jun 2002 | Nov 2002 | 24 | 27.5% | -27.7% | -41.3% |
| Jan 2003 | Jun 2003 | 21 | 40.7% | -16.9% | -33.0% |
| Jul 2003 | Sep 2003 | 9 | 10.7% | +32.0% | -21.1% |
| Oct 2003 | Oct 2003 | 1 | 0.4% | +42.1% | -16.3% |
| Jun 2006 | Nov 2006 | 22 | 21.5% | +107.7% | -41.2% |
| Sep 2008 | Jun 2009 | 37 | 65.4% | +28.5% | -67.6% |
| Jun 2009 | Jul 2009 | 4 | 9.6% | +7.5% | -66.5% |
| Jan 2010 | Mar 2010 | 7 | 14.0% | +7.8% | -68.1% |
| May 2010 | Mar 2013 | 148 | 52.9% | +4.4% | -69.1% |
| Apr 2013 | Apr 2013 | 4 | 6.0% | +36.5% | -61.9% |
| Sep 2014 | Dec 2014 | 11 | 7.5% | -18.3% | -64.0% |
| Jan 2015 | Feb 2015 | 5 | 10.0% | -39.7% | -62.2% |
| Mar 2015 | Jun 2017 | 121 | 49.7% | -36.9% | -60.7% |
| Aug 2017 | Aug 2017 | 1 | 1.1% | -24.5% | -59.8% |
| Dec 2017 | Mar 2018 | 12 | 6.3% | -23.8% | -57.7% |
| Mar 2018 | Feb 2019 | 48 | 21.1% | -9.3% | -55.6% |
| Mar 2019 | Apr 2021 | 112 | 68.5% | -51.6% | -52.0% |
| Jul 2021 | Aug 2021 | 6 | 5.8% | -16.5% | -38.7% |
| Sep 2021 | May 2022 | 36 | 22.1% | +1.1% | -35.0% |
| Jul 2022 | Jul 2022 | 2 | 6.9% | +58.8% | -31.6% |
| Aug 2022 | Aug 2022 | 1 | 0.3% | +46.2% | -31.0% |
| Aug 2022 | Oct 2022 | 5 | 6.8% | +55.0% | -29.4% |
| Apr 2024 | Jun 2025 | 62 | 35.2% | -24.8% | -36.7% |
| Jul 2025 | Dec 2025 | 24 | 24.9% | N/A | -35.6% |
| Feb 2026 | Ongoing | 19+ | 46.7% | Ongoing | -37.6% |
| Average | 26 | — | +3.9% | — |
Frequently Asked Questions
Is OI below its 200-week moving average?
Yes. As of 2026-06-19, O-I Glass, Inc. (OI) is trading 37.5% below its 200-week moving average of $14.78. The current price is $9.23.
What is OI's 200-week moving average price?
O-I Glass, Inc.'s 200-week moving average is $14.78 as of 2026-06-19. This is the average weekly closing price over roughly the last 4 years, and it acts as a long-term trend line. When a stock drops below this level, it can signal that the price has fallen far enough from the long-term trend to attract value-oriented investors.
What happens when OI drops below its 200-week moving average?
OI has crossed below its 200-week moving average 36 times in our data. On average, buying at that moment produced a one-year return of +3.9%. These dips have historically been decent entry points. These episodes lasted 26 weeks on average.
Is OI a good value right now?
Here's what our data says about OI as of 2026-06-19: The stock is below its 200-week moving average, which is the starting point for our analysis. The 14-week RSI is 40. Free cash flow yield is 9.0%. Return on equity is -12.1%. Price-to-book is 1.1x. This is not a buy or sell recommendation — always do your own research.
How does OI compare to the S&P 500?
Over the past 33.5 years, $100 invested in OI would have grown to $82, compared to $3097 for the S&P 500. That's -0.6% annualized vs 10.8% for the index. OI has underperformed the broader market over this period.
Not financial advice. This is an educational tool. Past performance does not guarantee future results. Do your own research before making investment decisions.
Data as of week of 2026-06-19