As on January 11, 2021, India Globalization Capital Inc. (AMEX: IGC) started slowly as it slid -18.78% to $1.47. During the day, the stock rose to $2.05 and sunk to $1.37 before settling in for the price of $1.81 at the close. Taking a more long-term approach, IGC posted a 52-week range of $0.26-$4.50.
In the past 5-years timespan, the Industrials sector firm’s annual sales growth was -11.90%. Meanwhile, its Annual Earning per share during the time was 9.90%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -60.00%. This publicly-traded company’s shares outstanding now amounts to $41.24 million, simultaneously with a float of $37.28 million. The organization now has a market capitalization sitting at $65.71 million. At the time of writing, stock’s 50-day Moving Average stood at $1.6033, while the 200-day Moving Average is $1.0288.
If we measure the efficiency of the company that is accounted for 31 employees. It has generated 81,440 per worker during the last fiscal year. Meanwhile, its income per employee was -146,300. The stock had 37.53 Receivables turnover and 0.13 Total Asset turnover. For the Profitability, stocks gross margin was -0.47, operating margin was -168.57 and Pretax Margin of -179.64.
India Globalization Capital Inc. (IGC) Ownership Facts and Figures
Another important factor to analyze is how key investors are playing towards the stock of the Conglomerates industry. India Globalization Capital Inc.’s current insider ownership accounts for 8.30%, in contrast to 5.00% institutional ownership. According to the most recent insider trade that took place on Dec 01, this organization’s Director sold 50,000 shares at the rate of 2.04, making the entire transaction reach 102,000 in total value, affecting insider ownership by 745,000. Preceding that transaction, on Nov 30, Company’s Exec. Chairman & CEO sold 80,000 for 2.34, making the whole transaction’s value amount to 187,024. This particular insider is now the holder of 2,824,760 in total.
India Globalization Capital Inc. (IGC) Earnings and Revenue Records
This company achieved a net margin of -179.64 while generating a return on equity of -24.34. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0 per share during the current fiscal year.
India Globalization Capital Inc.’s EPS decrease for this current 12-month fiscal period is -60.00%.
India Globalization Capital Inc. (AMEX: IGC) Trading Performance Indicators
Let’s observe the current performance indicators for India Globalization Capital Inc. (IGC). It’s Quick Ratio in the last reported quarter now stands at 3.70. The Stock has managed to achieve an average true range (ATR) of 0.23. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 50.55.
In the same vein, IGC’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -0.21.
Technical Analysis of India Globalization Capital Inc. (IGC)
Through scrutinizing the latest numbers posted by the [India Globalization Capital Inc., IGC], it can be observed that its last 5-days Average volume of 7.07 million was better the volume of 6.25 million, it posted the year before. During the previous 9 days, stock’s Stochastic %D was recorded 44.27% While, its Average True Range was 0.2455.
Raw Stochastic average of India Globalization Capital Inc. (IGC) in the period of the previous 100 days is set at 27.88%, which indicates a major rise in contrast to 14.29% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 108.23% that was lower than 130.11% volatility it exhibited in the past 100-days period.