Invesco Ltd (NYSE:IVZ) shares, rose in value on Wednesday, January 22, with the stock price down by -0.46% to the previous day’s close as strong demand from buyers drove the stock to $17.42.
Actively observing the price movement in the last trading, the stock closed the session at $17.50, falling within a range of $17.17 and $17.515. The value of beta (5-year monthly) was 1.424. Referring to stock’s 52-week performance, its high was $18.94, and the low was $14.16. On the whole, IVZ has fluctuated by 3.32% over the past month.
With the market capitalization of Invesco Ltd currently standing at about $7.83 billion, investors are eagerly awaiting this quarter’s results, scheduled for in February. The company’s Forward Dividend Ratio is 0.81, with its dividend yield at 4.68%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 4.4B, with a low estimate of 1.12B and a high estimate of 1.18B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 1.15B.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that IVZ’s technical picture suggests that short-term indicators denote the stock is a Hold on average. However, medium-term indicators have put the stock in the category of 50% Buy while long-term indicators on average have been pointing out that it is a 50% Buy.
The stock’s technical analysis shows that the price of IVZ currently trading nearly 0.83% and -1.24% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 51.28, while the 7-day volatility ratio is showing 2.03% which for the 30-day chart, stands at 2.41%. Furthermore, Invesco Ltd (IVZ)’s beta value is 1.41, and its average true range (ATR) is 0.44.
A comparison of Invesco Ltd (IVZ) with its peers suggests the former has fared considerably weaker in the market. IVZ showed an intraday change of -0.46% in last session, and over the past year, it grew by 1.93%%.
Data on historical trading for Invesco Ltd (NYSE:IVZ) indicates that the trading volumes over the past 10 days have averaged 3.6 and over the past 3 months, they’ve averaged 3.34 million. According to company’s latest data on outstanding shares, there are 449.44 million shares outstanding.
Nearly 1.68% of Invesco Ltd’s shares belong to company insiders and institutional investors own 86.98% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 9.86 million shares as on 2024-12-31, resulting in a short ratio of 3.15. According to the data, the short interest in Invesco Ltd (IVZ) stood at 368.00 of shares outstanding as of 2024-12-31; the number of short shares registered in 2024-11-29 reached 9.34 million. The stock has fallen by -0.34% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the IVZ stock heading into the next quarter.
