Intercontinental Exchange Inc (ICE) is gearing up for another turning point as it hit the volume of 2.98 million

Intercontinental Exchange Inc (NYSE: ICE) kicked off on Friday, down -0.95% from the previous trading day, before settling in for the closing price of $166.90. Over the past 52 weeks, ICE has traded in a range of $104.49-$167.54.

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During the last 5-year period, the sales growth of Financial Sector giant was 11.20%. While this was happening, its average annual earnings per share was recorded 9.10%. With a float of $569.47 million, this company’s outstanding shares have now reached $573.00 million.

Let’s determine the extent of company efficiency that accounts for 13222 employees. In terms of profitability, gross margin is 63.9%, operating margin of 37.27%, and the pretax margin is 28.57%.

Intercontinental Exchange Inc (ICE) Insider Activity

Our next focus will be how large-scale investors are participating in this stock of the Financial Data & Stock Exchanges Industry. The insider ownership of Intercontinental Exchange Inc is 0.81%, while institutional ownership is 91.77%. The most recent insider transaction that took place on Sep 26 ’24, was worth 326,799. In this transaction General Counsel of this company sold 2,048 shares at a rate of $159.57, taking the stock ownership to the 44,865 shares. Before that another transaction happened on Sep 27 ’24, when Company’s Officer proposed sale 2,213 for $158.12, making the entire transaction worth $349,920.

Intercontinental Exchange Inc (ICE) Earnings and Forecasts

According to the Wall Street analysts, stocks earnings will be around 9.10% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 10.00% 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

Take a look at Intercontinental Exchange Inc’s (ICE) current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 9.07. Likewise, its price to free cash flow for the trailing twelve months is 25.79.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 4.04, a number that is poised to hit 1.55 in the next quarter and is forecasted to reach 6.85 in one year’s time.

Technical Analysis of Intercontinental Exchange Inc (ICE)

Looking closely at Intercontinental Exchange Inc (NYSE: ICE), its last 5-days average volume was 3.36 million, which is a jump from its year-to-date volume of 2.5 million. As of the previous 9 days, the stock’s Stochastic %D was 66.50%. Additionally, its Average True Range was 2.17.

During the past 100 days, Intercontinental Exchange Inc’s (ICE) raw stochastic average was set at 93.29%, which indicates a significant increase from 70.24% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 12.77% in the past 14 days, which was higher than the 12.34% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $161.51, while its 200-day Moving Average is $143.30. However, in the short run, Intercontinental Exchange Inc’s stock first resistance to watch stands at $166.89. Second resistance stands at $168.47. The third major resistance level sits at $169.30. If the price goes on to break the first support level at $164.48, it is likely to go to the next support level at $163.65. Should the price break the second support level, the third support level stands at $162.07.

Intercontinental Exchange Inc (NYSE: ICE) Key Stats

The company with the Market Capitalisation of 94.91 billion has total of 573,585K Shares Outstanding. Its annual sales at the moment are 7,988 M in contrast with the sum of 2,368 M annual income. Company’s last quarter sales were recorded 2,317 M and last quarter income was 632,000 K.