ORION SA (OEC)
Materials · Specialty chemicals manufacturing · NYSE
A specialty chemicals manufacturer focused on carbon-based products and solutions for industrial markets, currently navigating margin pressure and macroeconomic headwinds.
What ORION SA does
Orion S.A. is a global specialty chemicals company that manufactures and supplies carbon-based and other specialty chemical products. The company operates production facilities worldwide and serves customers across multiple industrial segments. Its portfolio includes products for diverse end-markets, with operations in manufacturing, distribution, and research and development of chemical solutions.
Themes: Advanced materials, Tire and rubber manufacturing, Industrial coatings and inks, Chemical additives
Fundamentals
- Price$6.12 as of 2026-08-21 close
- Market cap$346M as of 2026-08-21
- 1-year return-39.9% 2025-08-21 close $10.19 → 2026-08-21 close $6.12
- P/En/a negative earnings
- Net margin-5.3% as of 2026-08-24
- Gross margin+18.4% as of 2026-08-24
- ROE-16.3% as of 2026-08-24
- Debt / equity2.78 as of 2026-08-24
- Revenue growth (YoY)-1.0% as of 2026-08-24
- Revenue CAGR (3y)-3.8% SEC XBRL
- Beta1.08 as of 2026-08-24
- Last reported earnings2026-08-05 SEC EDGAR Form 8-K (Item 2.02)
Dividend: yield +0.4%; at least 5 years of non-decreasing per-share dividends (SEC XBRL) — we do not hold the year before it, so the real streak may be longer.
How OEC compares in its sector
- net profit marginbottom 25% 142 covered Materials peers, as of 2026-08-24
- operating marginmiddle range 142 covered Materials peers, as of 2026-08-24
- gross marginmiddle range 141 covered Materials peers, as of 2026-08-24
- return on equitybottom 25% 151 covered Materials peers, as of 2026-08-24
- 3-year revenue CAGRmiddle range 127 covered Materials peers
- indicated dividend yieldbottom 10% 95 covered Materials peers, as of 2026-08-24
- free cash flow (absolute dollars, latest fiscal year)middle range 124 covered Materials peers, as of FY2025
Position among covered Materials companies that report each metric (minimum 5 peers). A relative position within our covered catalog — not a valuation, quality, or investment judgment. A higher percentile is simply a higher value (for P/E, more expensive on earnings — never "better"). Informational only.
Dividend coverage (FY2025)
Covered by reported results. In FY2025, OEC's dividend was covered by reported results (free-cash-flow payout 9%). This describes past coverage, not a forecast.
- Earnings payoutnot assessable earnings were not positive that year
- Free-cash-flow payout9% dividends / (operating cash flow − capex)
Coverage derived from reported SEC EDGAR XBRL figures for FY2025 (dividends paid vs. net income and free cash flow, same fiscal year). This describes PAST coverage for one fiscal year — it does not predict whether a dividend will be maintained, raised, or cut, and a one-year payout ratio can be distorted by non-recurring items. Informational only — not financial advice.
How ORION SA looks technically
ORION SA (OEC) is trading 1.4% below its 200-day average, the long-term trend line — a long-term downtrend. Its 50-day average crossed above its 200-day average about 60 trading days ago — a "golden cross", a bullish long-term signal. There is no clear trend right now — the price is choppy (ADX, a 0–100 trend-strength gauge, is 10, below the 25 that marks a real trend). Momentum is neutral — its 14-day RSI (a 0–100 momentum gauge) is 42, neither overbought (above 70) nor oversold (below 30). MACD, a trend-momentum gauge, turned bearish about 8 trading days ago (its momentum flipped negative). It made a new 20-day low about 4 trading days ago. It is 43.8% below its highest point of the past year.
Trend
8
| Distance from the 200-day | it is trading 1.4% below its 200-day average, the long-term trend line — a long-term downtrend | -1.4% |
|---|---|---|
| 50-day moving average | its average price over the last 50 trading days — a short-term trend line — is $6.71 | $6.71 |
| 200-day moving average | its average price over the last 200 trading days — the long-term trend line — is $6.21 | $6.21 |
| Swing structure | each recent peak has been higher than the one before it and each dip has been shallower — the pattern chart-watchers call an uptrend, which describes where price has already been and not where it goes next | higher highs and higher lows |
| Last swing turn | its last significant turn was a swing high 15 calendar days ago — the swings before that are what the structure reading is measured on | 15 sessions |
| Wave structure | its recent swings can be read as a completed three-part upward correction — a pullback in the A-B-C shape Elliott-wave chartists use; the labelling fails if price closes above 8.24. It is the only labelling that fits, and it describes the swings already printed, not what comes next. | possible three-wave upward correction, complete |
| Since the 50/200 cross | its 50-day average crossed above its 200-day average about 60 trading days ago — a "golden cross", a bullish long-term signal | 60 sessions |
| Trend strength (14-day ADX) | there is no clear trend right now — the price is choppy (ADX, a 0–100 trend-strength gauge, is 10, below the 25 that marks a real trend) | 9.7 |
Momentum
3
| 14-day RSI | momentum is neutral — its 14-day RSI (a 0–100 momentum gauge) is 42, neither overbought (above 70) nor oversold (below 30) | 41.7 |
|---|---|---|
| Position in its 14-day range | it is trading near the bottom of its 14-day range ($5.92 to $8.24) — its "stochastic" reading is 9 out of 100, where 0 would mean closing exactly at the 14-session low and 100 exactly at the high. This measures WHERE the price sits inside its recent range, which is a different question from the RSI beside it: RSI is a momentum gauge, measuring how FAST the price has been moving, so a stock can drift quietly to the bottom of its range with an ordinary RSI, or fall sharply and still sit in the middle. It has been climbing within that range over the last few sessions. | 8.6 |
| Since the MACD crossed zero | MACD, a trend-momentum gauge, turned bearish about 8 trading days ago (its momentum flipped negative) | 8 sessions |
Range
12
| 52-week high | its highest closing price over the past year (about 252 trading days) was $10.89 | $10.89 |
|---|---|---|
| From the 52-week high | it is 43.8% below its 52-week high (its highest price of the past year) | -43.8% |
| Above the 52-week low | it is 40.9% above its 52-week low (its lowest price of the past year) | +40.9% |
| Below the 52-week high | it is 43.8% below its highest point of the past year | 43.8% |
| Since a 20-day breakout | it made a new 20-day low about 4 trading days ago | 4 sessions |
| Since a 55-day breakout | it made a new 55-day low about 32 trading days ago | 32 sessions |
| All-time high | its highest closing price on record is $36.55 (set on 2018-08-08) | $36.55 |
| Given back of the 52-week move | over the past year its closes ranged ($4.35 to $10.79), and it has recovered roughly a quarter of its fall from last year’s high — 27% of it. Chart-watchers call 61.8%-65% given back the "golden pocket" — for this company that is $8.33 to $8.54. It is watched widely enough that orders cluster there, which is the honest reason it matters; it is not a forecast. | 27.5% |
| From the all-time high | it is 83.3% below its all-time high | -83.3% |
| Nearest price level | it is trading 1.7% below a resistance level at $6.22 — a price it turned at twice since 2026-05-21, most recently on 2026-08-05. Since 2024-08-21 it has 3 such levels below the current price and 11 above. Levels like these describe where the price has reversed or paused before; they are not a forecast of where it will go. | +1.7% |
| All-time low | its lowest closing price on record is $4.34 (set on 2025-11-06) | $4.34 |
| Above the all-time low | it is 40.9% above its all-time low | +40.9% |
Volatility
5
| Band width vs its own 6 months | day-to-day price swings are about average versus its own recent 6-month history | 32nd percentile |
|---|---|---|
| Typical daily range | in a typical session it travels about $0.4038 between its high and its low — about 6.6% of its price. That is its "average true range" over the last 14 sessions, which also counts the distance from the previous close, so a day that opens well away from yesterday counts as the large move it was | $0.4038 |
| Bollinger bands (20-day, ±2σ) | most of its recent trading has stayed between about $5.81 and $7.47 — the "Bollinger bands", a range drawn two standard deviations either side of its 20-day average price, which widens when the stock gets more volatile and narrows when it settles | $5.81 – $6.64 – $7.47 |
| Typical daily range (% of price) | its price moves about 6.6% in a typical session — more volatile than most companies we cover. This is the average gap between a session's high and low over the last 14 sessions, counting overnight moves, expressed against the current price so it can be compared with companies trading at any price | 6.6% |
| Stretch from the 200-day average | it is trading 0.2 daily ranges below its 200-day average price (1.4% below it in plain percentage terms) — a way of asking how far it has stretched from its own average in units of how far it normally moves in a day, so a calm company and a jumpy one can be compared on the same scale | 0.2 daily ranges below its 200-day average |
Volume
1
| Volume vs its 30-day average | trading volume is about normal versus its 30-day average | 1.50× |
|---|
Analyst
2
| Change in the average price target | analysts' average price target is unchanged from the prior reading | 0.0% |
|---|---|---|
| Change in the consensus rating | not available for this company yet | n/a |
Candlestick patterns
1
| Since a doji | today it opened and closed at almost the same price after trading through a wider range — a "doji", the classic picture of buyers and sellers finishing the session level | today |
|---|
Price gaps
3
| Gap at the open | it opened on 2026-08-21 0.5% above the previous session's close — an overnight gap, the part of the move that happened while the market was shut, and traded back through that level before the close | +0.5% |
|---|---|---|
| Open gap | it gapped 3.4% below the previous close 10 sessions ago and has not traded back through the level it left behind at 7.6 — an "unfilled gap", which describes a price range no trade has since crossed and is not a forecast that it will be crossed | -3.4% |
| Gap filled | a 10.2% gap up opened on 2026-08-06 has been "filled" 6 sessions ago — price traded back through the level the gap left behind, and it took 5 sessions to close | 6 sessions ago |
Price streaks
1
| Closing streak | it has closed higher 2 sessions in a row, a +0.82% move over the run — an unbroken run of up days, which describes what has already happened and says nothing about the next session | 2 sessions up |
|---|
Relative strength
4
| vs market, 1 month | over the past 1 month this stock lagged the market by 17.3 percentage points (the stock lost 15.0% while the market gained 2.3%) | -17.3% |
|---|---|---|
| vs market, 3 months | over the past 3 months this stock lagged the market by 12.6 percentage points (the stock lost 9.5% while the market gained 3.1%) | -12.6% |
| vs market, 6 months | over the past 6 months this stock lagged the market by 10.4 percentage points (the stock gained 0.7% while the market gained 11.1%) | -10.4% |
| vs market, 12 months | over the past 12 months this stock lagged the market by 60.4 percentage points (the stock lost 39.9% while the market gained 20.5%) | -60.4% |
Signal agreement
2
| Bullish technical signals | 2 of the 9 technical signals we can compute for it are currently in a bullish state: a "golden cross" — its 50-day average is above its 200-day, near the bottom of its 14-day range (oversold) — these describe past price behaviour, not a forecast | 2 of 9 |
|---|---|---|
| Bearish technical signals | 4 of the 9 technical signals we can compute for it are currently in a bearish state: trading below its 200-day average, MACD momentum is negative, lagging the market over 6 months, trading below the Ichimoku cloud — these describe past price behaviour, not a forecast | 4 of 9 |
Trend (Ichimoku cloud)
1
| Vs the Ichimoku cloud | trading 4.9% below the Ichimoku cloud — a band drawn from where its own highs and lows sat up to 2026-07-16 and projected forward over today's price, the side traders read as an established downtrend, with the band above acting as the level that would have to be cleared. The band itself is thick, spanning 8.1% of the share price, which is taken to mean a barrier that has held for a while and takes effort to cross. | -4.9% |
|---|
Volume-weighted price
2
| Vs this year’s average price paid | the price is 4% below the average price paid so far this year, so the typical buyer over that stretch is under water. That average is $6.36 — a volume-weighted average of daily closes over 158 sessions, not a true tick-by-tick VWAP. | -3.8% |
|---|---|---|
| Vs the average paid since it last reported | the price is 7% below the average price paid since it last reported on 2026-08-05 (its 10-Q), so the typical buyer over that stretch is under water. That average is $6.60 — a volume-weighted average of daily closes over 13 sessions, not a true tick-by-tick VWAP. | -7.3% |
Price levels it has turned at before
OEC last closed at $6.12 on 2026-08-21. Since 2024-08-21 it has turned at 3 prices below its last close and 11 above; the 3 nearest below and the 3 nearest above are listed, nearest first.
| Level | Side | Distance | Evidence |
|---|---|---|---|
| $6.22 | Resistance | 1.7% above the last close | turned there twice · 2026-05-21 to 2026-08-05 |
| $6.64 | Resistance | 8.4% above the last close | turned there three times · 2026-01-22 to 2026-06-05 |
| $5.41 | Support | 11.6% below the last close | turned there twice · 2025-12-18 to 2026-02-17 |
| $5.23 | Support | 14.6% below the last close | turned there three times · 2025-10-14 to 2026-07-09 |
| $7.61 | Resistance | 24.3% above the last close | turned there twice · 2026-02-11 to 2026-07-22 |
| $4.34 | Support | 29.0% below the last close | turned there twice · 2025-11-06 to 2025-11-20 |
A level is a price this company reversed or paused at more than once — they describe past behaviour, not a forecast of where the price will go.
Wave structure
Its recent swings can be read as a three-part upward correction — the A-B-C shape chartists use for a pullback — now complete.
This labelling fails — stops being a possible reading at all — if it closes above $8.24.
It is the only labelling that fits these swings, though its proportions are not the textbook ones.
This labelling was already in place when we began recording count changes on 2026-08-13, so how long it has stood is not something we can say yet.
Read from daily closes as of 2026-08-21.
An Elliott-wave count describes the swings already printed and the level that would disprove it. It is not a forecast, a target, or advice.
Screens: Trading below the 200-day moving average · Pulled back from the 12-month high · trendless / choppy (low ADX) · lagging the market · Printed a doji candle · Most volatile (6%+ typical daily range) | Learn: moving average · golden cross · adx · rsi · macd · breakout · fifty two week high low
Based on daily closing prices as of 2026-08-21. Describes past price behavior only — informational, not financial advice.
Analyst consensus
- Mean price target$6.69 range $5.00 – $8.50; median $6.63
Analyst estimates, as of 2026-08-23. These are third-party analyst opinions and price targets, aggregated — not a recommendation, prediction, or advice from stocks-llm. Informational only.
Analyst EPS estimate for OEC
- Consensus EPS estimate$0.1481 next reporting period, as of 2026-08-23
Change over time is not available yet: it needs two readings of the same reporting period at least 30 days apart, and we have been recording these estimates since 2026-08-04. An estimate for a DIFFERENT quarter is not a revision, so a reading from before the last report is never compared with one after it.
The consensus estimate for the next reporting period, and how it has moved between readings of that SAME period. A change is measured only between readings estimating one period — when a company reports, the consensus moves to the next quarter and the two numbers are not comparable. Informational only, not a forecast and not advice.
Key risks (from latest filing)
["Significant dependence on major customers and suppliers exposes the company to concentration risk","Volatile raw material and energy costs that directly impact manufacturing profitability and competitiveness","Operational disruptions from technical difficulties, severe weather, natural disasters, and geopolitical uncertainties affecting production and supply chains"]
What changed in the latest 10-Q
AI-assisted comparison of OEC's 10-Q filed 2026-05-06 against the prior one filed 2025-11-04.
Management's Discussion & Analysis (MD&A)
- Added:
- Newer filing includes operating results for three months ended March 31, 2026 vs. 2025 (filed 2026-05-06)
- Newer filing adds 'Free Cash Flow' definition: 'Net cash provided by operating activities less Net cash used in investing activities' (filed 2026-05-06)
- Newer filing includes detailed operating results discussion for Q1 2026 comparing volume, net sales, cost of sales, gross profit, and operating performance (filed 2026-05-06)
- Newer filing discusses comprehensive income components including $1.0 million favorable foreign currency translation and $3.2 million favorable derivative instruments impact (filed 2026-05-06)
- Removed:
- Older filing includes results for three and nine months ended September 30, 2025 and 2024; newer filing removes nine-month comparison and Sept 30 data (filed 2025-11-04)
- Older filing includes 'Loss (recovery) due to misappropriation of assets, net' line item in operating results table; newer filing removes this (filed 2025-11-04)
- Older filing includes 'Goodwill impairment' line item showing $80.8 million charge; newer filing removes this entirely (filed 2025-11-04)
- Older filing includes reconciliation of Non-GAAP measures table with detailed EBITDA and Adjusted EBITDA calculations; newer filing removes this reconciliation section (filed 2025-11-04)
- Older filing includes segment-level Adjusted EBITDA data for Specialty Carbon Black and Rubber Carbon Black; newer filing removes segment data (filed 2025-11-04)
- Reworded:
- Older filing references 'three and nine months ended September 30, 2025 and 2024'; newer filing states 'three months ended March 31, 2026 and 2025' (different periods covered)
- Newer filing specifies 'Results for the three month periods ended March 31, 2026 is not necessarily indicative of results that may be expected for the entire year' - caveat not in older filing (filed 2026-05-06)
- Older filing lists non-GAAP measures as 'EBITDA, Adjusted EBITDA, Segment Gross Profit, Net Working Capital and Capital Expenditures'; newer filing adds 'Free Cash Flow' to the list (filed 2026-05-06)
- Older filing defines Adjusted EBITDA adjustment as 'loss due to assets misappropriation'; newer filing clarifies as 'loss (recovery) due to assets misappropriation, net' (filed 2026-05-06)
- Older filing statement about non-GAAP measures ends with 'in accordance with GAAP'; newer filing shortens ending to 'in isolation' without full clause about substitutes (filed 2026-05-06)
- Notes:
- Two filings cover substantially different fiscal periods (Q1 2026 vs. Q3 2025 and nine-month periods), making direct textual comparison limited
- Older filing contains significant one-time charges (goodwill impairment $80.8M, misappropriation recovery items) not present in newer filing period
- Reconciliation section structure differs significantly between filings; newer filing appears to focus on quarterly format while older filing included detailed reconciliation tables
Risk Factors
The two filings could not be meaningfully compared for this section.
AI-assisted comparison of two SEC filing sections. It describes wording and theme changes only, makes no materiality, legal, or investment judgement, and is not financial advice. Informational only — not financial advice.
Insider activity (SEC Form 4)
No open-market insider purchases or sales are on record for OEC — recent Form 4 activity was compensation-related (awards, option exercises, or tax withholding), not open-market buying or selling.
View full insider trading history → View SEC Form 3/4/5 filingsOnly open-market purchases (SEC code P) and sales (code S) are counted here. Option exercises, vesting/awards, gifts, and shares withheld for taxes are excluded — they are compensation or mechanical, not open-market conviction. Sales may be planned and non-discretionary (e.g. a Rule 10b5-1 plan) and are not necessarily bearish; open-market buying is not a recommendation to buy. Informational only — not financial advice.
Short interest (FINRA)
OEC had 1,528,942 shares of reported short interest as of the 2026-07-31 FINRA settlement date (delayed, bi-monthly; not real-time).
OEC had 2.71% of its shares outstanding sold short as of the 2026-07-31 FINRA settlement date (percent of FLOAT would be higher — float is not disclosed in the source). FINRA reported 3.24 days to cover at the same settlement.
- Reported short interest (shares) 1,528,942
- Short interest (% of shares outstanding) 2.71%
- Prior settlement (shares) 1,413,636
- Reported change 8.16%
- Days to cover (reported) 3.24
Reported to FINRA as of the 2026-07-31 settlement date. Short interest is reported to FINRA and published on a delayed, bi-monthly schedule (as of a settlement date, disseminated roughly eight business days later) — it is NOT real-time, does not cover every venue or all US trading, and is not a short-squeeze prediction or investment advice. Days-to-cover is the value FINRA reports; percent of float is not shown because the source file carries no share-count denominator — where a percent appears it is of shares OUTSTANDING, the larger base, and is therefore a floor on percent of float. Informational only — not financial advice.
Competitors & peers
- Cabot Corporation (CBT)
- Birla Carbon
- Tokai Carbon Co. (5301.T)
- China Synthetic Rubber Corp.
- Omsk Carbon Group
AI-enriched competitor set. Linked names are companies covered by stocks-llm; other named peers are shown for reference only.
Compare OEC vs…
Frequently asked questions
What does ORION SA (OEC) do?
Orion S.A. is a global specialty chemicals company that manufactures and supplies carbon-based and other specialty chemical products. The company operates production facilities worldwide and serves customers across multiple industrial segments. Its portfolio includes products for diverse end-markets, with operations in manufacturing, distribution, and research and development of chemical solutions.
What sector is ORION SA (OEC) in?
ORION SA (OEC) is classified in the Materials sector. Its industry is Specialty chemicals manufacturing. It trades on NYSE.
Does OEC pay a dividend?
Yes — ORION SA (OEC) pays a dividend, with an indicated yield of about 0.35% and at least 5 years of non-decreasing per-share dividends (SEC EDGAR XBRL) — we do not hold the year before it, so the real streak may be longer (market data, as of 2026-08-24). Informational only — not financial advice.
Who are ORION SA's (OEC) competitors?
Notable peers of ORION SA (OEC) include Cabot Corporation, Birla Carbon, Tokai Carbon Co. (5301.T), China Synthetic Rubber Corp. and Omsk Carbon Group. This peer set is informational only — not financial advice.
Is ORION SA (OEC) overbought or oversold right now?
ORION SA (OEC) is currently neither overbought nor oversold — its 14-day RSI (a 0–100 momentum gauge) is 42, in the neutral middle (as of 2026-08-21). RSI describes recent price momentum, not a forecast — informational only, not financial advice.
Where does stocks-llm's data on OEC come from?
Fundamentals and prices come from market data, as of 2026-08-24; company filings and profile facts come from SEC EDGAR. All figures are delayed daily-close data shown with their as-of date — informational only, not financial advice.
Fundamentals: market data, as of 2026-08-24. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-08-21.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & market data, shown with their as-of date.