Oatly Stock Price: What is Oatly
What is Oatly? We are talking about Oatly today. As well as Starbucks coffee chains, oatly has 11,000 coffee and tea shops in China and more than 6,000 coffee shops alone. Oatly is the owner of not only oat milk, but also many products such as oats, ice cream, cold coffee, yogurt substitutes, baking cream, cream and custard. All products are vegan approved and do not contain GMO. And all of its products available in America are certified gluten-free. But its products, which are also found in Europe and Asia, contain gluten.
They prefer environmentally sensitive, recyclable packages and packaging not only in the products they produce, but also in the product packages. Oatly company employees say that the fact that consumers are now turning to natural products has also contributed to the increase in plant-based dairy products.
Oatly products cooperate with Alibaba in China market. In Korea, they cooperate with Dongseo.
Due to the increase in alternative milk markets, many companies have entered this market area. Thanks to these developments, oat milk sales are expected to reach $ 6.8 billion over the next five years. It is believed that many varieties of oat-based foods and beverages will also enter the market over time, as they attract the attention of the consumer.
An Overview of the Oatly Company
Oatly is a Swedish company that produces oat milk and other products.oatly shares are currently traded on Nasdaq. To buy shares in Oatly, you must open an account at any brokerage firm. There are several platforms where you can buy shares for this.You can then buy shares by looking at whether it suits you. Oatly was backed by Natalie Portman, Blackstone and Oprah Winfrey giving the company $200 million in earnings. The company, a Vegan food and drink manufacturer, is gaining interest in the cafe sector with products such as oat-based, dairy-free milk.
This, in turn, has caused the company to attract attention recently. Oatly saw value by attracting attention when it first entered the market. İf you think oats will see value and have a future, it can be a good investment. When looking at Oatly investors, it is also seen that he usually invests in environmentally friendly shares.
Oatly Stock Price
The Oatly stock price was first priced at its highest level on the night of May 19, 2021. And that gave the company nearly $ 10 billion in revenue. Stock prices were initially priced at $ 17. It started trading on the Nasdaq at $ 22.12 with the code ‘OTLY’. İt can be said that investors have recently turned to companies that meet environmental and social standards, such as Oatly. Oatly stock price rose from $ 204 million to $ 420 million in 2019. But the company suffered a loss of 60 million as it made new investments and new products. Company investors said it was profitable growth going forward rather than a loss.
Oatly said he made such an attempt to have a similar taste to milk and also to be vegan. According to comments from people who use it, oat milk can be equivalent to soy milk, but it is better than almond milk.
Most of Oatly’s shareholders are Verlinvest, a Chinese government-owned entity, and a Belgian company. There are also famous investors of Oatly. Like Oprah and Jay-Z. Starbucks, a famous chain of coffee shops around the world, also uses Oatly in its two popular drinks.
Oatly stock price has risen nearly 30% since its public debut. Again, since the beginning of 2021, oatly stock price has experienced occasional declines, but graphically it has shown a steady rise. Oatly stock price is experiencing its highest value in 52 weeks in late May 2021.