Witnessing the stock’s movement on the chart, on November 23, 2021, Inovalon Holdings Inc. (NASDAQ: INOV) had a quiet start as it plunged 0.00% to $41.06. During the day, the stock rose to $41.06 and sunk to $40.98 before settling in for the price of $41.06 at the close. Taking a more long-term approach, INOV posted a 52-week range of $17.56-$41.06.
The Healthcare sector firm’s twelve-monthly sales growth has been 8.80% for the last half of the decade. Meanwhile, its Annual Earning per share during the time was -20.00%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 188.30%. This publicly-traded company’s shares outstanding now amounts to $150.87 million, simultaneously with a float of $74.08 million. The organization now has a market capitalization sitting at $6.37 billion. At the time of writing, stock’s 50-day Moving Average stood at $40.66, while the 200-day Moving Average is $34.22.
It is quite necessary to find out the efficiency of the corporate organization, which has 2371 number of employees on its payroll. It has generated 363,575 per worker during the last fiscal year. Meanwhile, its income per employee was 11,931. The stock had 4.22 Receivables turnover and 0.33 Total Asset turnover. For the Profitability, stocks gross margin was +57.64, operating margin was +11.20 and Pretax Margin of +2.32.
Inovalon Holdings Inc. (INOV) Ownership Facts and Figures
Nothing is more important than checking the behaviour of major investors towards the stock of the Health Information Services industry. Inovalon Holdings Inc.’s current insider ownership accounts for 2.10%, in contrast to 75.90% institutional ownership. According to the most recent insider trade that took place on Jun 02, this organization’s Chief Commercial Officer sold 19,259 shares at the rate of 32.08, making the entire transaction reach 617,829 in total value, affecting insider ownership by 472,778. Preceding that transaction, on May 28, Company’s Chief Commercial Officer sold 741 for 32.08, making the whole transaction’s value amount to 23,771. This particular insider is now the holder of 492,037 in total.
Inovalon Holdings Inc. (INOV) Earnings and Revenue Records
As on 6/29/2021, Multinational firm has announced its last quarter scores, in which it reported $0.19 earnings per share (EPS) for the period topping the consensus outlook (set at $0.17) by $0.02. This company achieved a net margin of +3.28 while generating a return on equity of 3.14. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.21 per share during the current fiscal year.
Inovalon Holdings Inc.’s EPS increase for this current 12-month fiscal period is 188.30% and is forecasted to reach 0.91 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 21.00% through the next 5 years, which can be compared against the -20.00% growth it accomplished over the previous five years trading on the market.
Inovalon Holdings Inc. (NASDAQ: INOV) Trading Performance Indicators
Let’s observe the current performance indicators for Inovalon Holdings Inc. (INOV). It’s Quick Ratio in the last reported quarter now stands at 2.40. The Stock has managed to achieve an average true range (ATR) of 0.11. Alongside those numbers, its PE Ratio stands at $122.57, and its Beta score is 0.51. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 8.50. Similarly, its price to free cash flow for trailing twelve months is now 64.72.
In the same vein, INOV’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 0.34, a figure that is expected to reach 0.27 in the next quarter, and analysts are predicting that it will be 0.91 at the market close of one year from today.
Technical Analysis of Inovalon Holdings Inc. (INOV)
Going through the that latest performance of [Inovalon Holdings Inc., INOV]. Its last 5-days volume of 1.8 million indicated improvement to the volume of 0.72 million it revealed a year ago. During the previous 9 days, stock’s Stochastic %D was recorded 95.92% While, its Average True Range was 0.11.
Raw Stochastic average of Inovalon Holdings Inc. (INOV) in the period of the previous 100 days is set at 100.00%, which indicates a major rise in contrast to 100.00% 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 3.08% that was lower than 26.68% volatility it exhibited in the past 100-days period.