Intercontinental Exchange Inc (NYSE:ICE) shares, rose in value, with the stock price up by 0.79% to the previous day’s close as strong demand from buyers drove the stock to $177.92.
Actively observing the price movement in the recent trading, the stock is buoying the session at $176.53. The PE ratio was 36.85 over 12-month period. Referring to stock’s 52-week performance, its high was $177.45, and the low was $131.79. On the whole, ICE has fluctuated by 17.35% over the past month.
With the market capitalization of Intercontinental Exchange Inc currently standing at about $102.06 billion, investors are eagerly awaiting this quarter’s results, scheduled for in June. The company’s Forward Dividend Ratio is 1.83, with its dividend yield at 1.03%.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that ICE’s technical picture suggests that short-term indicators denote the stock is a 50% Buy on average. However, medium-term indicators have put the stock in the category of 100% Buy while long-term indicators on average have been pointing out that it is a 100% Buy.
The stock’s technical analysis shows that the PEG ratio is about 3.14, with the price of ICE currently trading nearly 7.94% and 6.02% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 71.95, while the 7-day volatility ratio is showing 2.49% which for the 30-day chart, stands at 2.74%. Furthermore, Intercontinental Exchange Inc (ICE)’s beta value is 1.12, and its average true range (ATR) is 3.90.
A comparison of Intercontinental Exchange Inc (ICE) with its peers suggests the former has fared considerably weaker in the market. ICE showed an intraday change of 0.79% in today’s session so far, and over the past year, it grew by 35.53%%.
Data on historical trading for Intercontinental Exchange Inc (NYSE:ICE) indicates that the trading volumes over the past 3 months, they’ve averaged 3.40 million. According to company’s latest data on outstanding shares, there are 574.00 million shares outstanding.
Nearly 0.72% of Intercontinental Exchange Inc’s shares belong to company insiders and institutional investors own 92.92% of the company’s shares. The stock has risen by 19.40% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the ICE stock heading into the next quarter.
