Innovex International Inc (NYSE:INVX) concluded the trading at $14.93 on Friday, May 16 with a fall of -0.13% from its closing price on previous day.
Company’s P/E ratio for the trailing 12 months is 5.71. Considering stock’s 52-week price range provides that INVX hit a high price of $19.51 and saw its price falling to a low level of $11.93 during that period. Over a period of past 1-month, stock came subtracting -2.23% in its value.
With its current market valuation of $1.03 billion, Innovex International Inc is set to declare its quarterly results in June. Analysts are in estimates of 0.3 per share for company’s earnings in the current quarter and are expecting its annual EPS growth moving up to 1.17 for current year with estimates of that growing to 1.16 in next year.
In contrast, when we review INVX stock’s current outlook then short term indicators are assigning it an average of 100% Sell, while medium term indicators are categorizing the stock at an average of 50% Buy. Long term indicators are suggesting an average of 50% Sell for it.
Digging deeper we become aware of the PEG ratio of the INVX stock which is currently positioned at 0.38. It further provides that stock’s current price level is -2.96% away from its 20-day simple moving average and is -8.57% off its SMA50. Its relative strength index (RSI) for 14-periods is oscillating at 43.22 while volatility remained at 3.05% over the past week which changes to 5.42% when measuring it over the past month. Beta is valued at 0.82, while measure of average true range or ATR is currently at 0.84.
The percentage of outstanding shares held by the insiders is 46.15% while it is 57.69% for the institutional holders. Addition of 6.87% by stock’s current price to its year-to-date value in last trading session is likely to be increasing investors’ interest in the stock as it is hinting an extended uptrend.
