Inter & Co Inc (NASDAQ:INTR) shares, rose in value on Thursday, November 21, with the stock price down by -3.99% to the previous day’s close as strong demand from buyers drove the stock to $5.54.
Actively observing the price movement in the last trading, the stock closed the session at $5.77, falling within a range of $5.465 and $5.75. The value of beta (5-year monthly) was 1.525 whereas the PE ratio was 15.63 over 12-month period. Referring to stock’s 52-week performance, its high was $7.84, and the low was $4.32. On the whole, INTR has fluctuated by -13.17% over the past month.
With the market capitalization of Inter & Co Inc currently standing at about $2.23 billion, investors are eagerly awaiting this quarter’s results, scheduled for in December. The company’s Forward Dividend Ratio is 0.03, with its dividend yield at 0.54%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 6.27B, with a low estimate of 1.82B and a high estimate of 1.82B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 1.82B.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that INTR’s technical picture suggests that short-term indicators denote the stock is a 50% Sell on average. However, medium-term indicators have put the stock in the category of Hold while long-term indicators on average have been pointing out that it is a 50% Sell.
The stock’s technical analysis shows that the price of INTR currently trading nearly -11.35% and -14.70% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 31.77, while the 7-day volatility ratio is showing 4.02% which for the 30-day chart, stands at 3.64%. Furthermore, Inter & Co Inc (INTR)’s beta value is 1.45, and its average true range (ATR) is 0.25.
A comparison of Inter & Co Inc (INTR) with its peers suggests the former has fared considerably weaker in the market. INTR showed an intraday change of -3.99% in last session, and over the past year, it shrunk by -4.32%%.
Data on historical trading for Inter & Co Inc (NASDAQ:INTR) indicates that the trading volumes over the past 10 days have averaged 1.51 and over the past 3 months, they’ve averaged 1.92 million. According to company’s latest data on outstanding shares, there are 285.15 million shares outstanding.
Nearly 49.24% of Inter & Co Inc’s shares belong to company insiders and institutional investors own 17.64% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 5.27 million shares as on 2024-10-31, resulting in a short ratio of 3.87. According to the data, the short interest in Inter & Co Inc (INTR) stood at 208.00 of shares outstanding as of 2024-10-31; the number of short shares registered in 2024-09-30 reached 6.43 million. The stock has fallen by -0.36% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the INTR stock heading into the next quarter.
