Intercontinental Exchange Inc (ICE)’s latest performance is not what we had anticipated

On Friday, Intercontinental Exchange Inc (NYSE: ICE) opened higher 1.32% from the last session, before settling in for the closing price of $149.03. Price fluctuations for ICE have ranged from $104.49 to $150.39 over the past 52 weeks.

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A company in the Financial sector has jumped its sales by 11.20% annually for the last half of the decade. Company’s average yearly earnings per share was noted 6.49% at the time writing. With a float of $568.90 million, this company’s outstanding shares have now reached $573.00 million.

In an organization with 13222 employees, it is important to assess its efficiency.

Intercontinental Exchange Inc (ICE) Insider Updates

A key investor’s attitude towards the stock of the Financial Data & Stock Exchanges industry is another important factor to consider. The insider ownership of Intercontinental Exchange Inc is 0.82%, while institutional ownership is 92.88%. The most recent insider transaction that took place on Jul 25 ’24, was worth 156,450. In this transaction Chief Accounting Officer of this company sold 1,043 shares at a rate of $150.00, taking the stock ownership to the 17,836 shares. Before that another transaction happened on Jul 17 ’24, when Company’s President, Fixed Income & Data sold 1,000 for $148.60, making the entire transaction worth $148,600. This insider now owns 14,636 shares in total.

Intercontinental Exchange Inc (ICE) Performance Highlights and Predictions

According to the Wall Street analysts, stocks earnings will be around 6.49% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 9.71% during the next five years compared to 4.09% growth over the previous five years of trading.

Intercontinental Exchange Inc (NYSE: ICE) Trading Performance Indicators

Check out the current performance indicators for Intercontinental Exchange Inc (ICE). In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 8.67. Likewise, its price to free cash flow for the trailing twelve months is 23.59.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 4.37, a number that is poised to hit 1.49 in the next quarter and is forecasted to reach 6.67 in one year’s time.

Technical Analysis of Intercontinental Exchange Inc (ICE)

Let’s dig in a bit further. During the last 5-days, its volume was 2.88 million. That was better than the volume of 2.42 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 57.90%. Additionally, its Average True Range was 2.04.

During the past 100 days, Intercontinental Exchange Inc’s (ICE) raw stochastic average was set at 97.37%, which indicates a significant increase from 93.68% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 13.29% in the past 14 days, which was lower than the 15.01% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $139.65, while its 200-day Moving Average is $129.10. However, in the short run, Intercontinental Exchange Inc’s stock first resistance to watch stands at $151.96. Second resistance stands at $152.92. The third major resistance level sits at $154.13. If the price goes on to break the first support level at $149.80, it is likely to go to the next support level at $148.59. Assuming the price breaks the second support level, the third support level stands at $147.63.

Intercontinental Exchange Inc (NYSE: ICE) Key Stats

There are currently 573,585K shares outstanding in the company with a market cap of 86.61 billion. Presently, the company’s annual sales total 7,988 M according to its annual income of 2,368 M. Last quarter, the company’s sales amounted to 2,290 M and its income totaled 767,000 K.