A new trading day began on Monday, with Ironwood Pharmaceuticals Inc (NASDAQ: IRWD) stock price down -2.62% from the previous day of trading, before settling in for the closing price of $3.44. IRWD’s price has ranged from $3.26 to $15.70 over the past 52 weeks.
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A company in the Healthcare sector has jumped its sales by 5.56% annually for the last half of the decade. Meanwhile, its annual earnings per share averaged 101.55%. With a float of $155.77 million, this company’s outstanding shares have now reached $156.35 million.
In an organization with 267 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 99.6%, operating margin of 28.68%, and the pretax margin is 18.91%.
Ironwood Pharmaceuticals Inc (IRWD) Insider Updates
As we move forward, let’s examine how large-scale investors are investing in this stock of the Drug Manufacturers – Specialty & Generic Industry. The insider ownership of Ironwood Pharmaceuticals Inc is 2.66%, while institutional ownership is 103.16%. The most recent insider transaction that took place on Nov 18 ’24, was worth 21,869. In this transaction SVP, Chief Business Officer of this company sold 5,360 shares at a rate of $4.08, taking the stock ownership to the 284,685 shares. Before that another transaction happened on Nov 18 ’24, when Company’s SVP, COO and CFO sold 11,001 for $4.08, making the entire transaction worth $44,884. This insider now owns 309,572 shares in total.
Ironwood Pharmaceuticals Inc (IRWD) Performance Highlights and Predictions
In its latest quarterly report, released on 9/30/2024, the company reported earnings of 0 per share, which was $0.1 lower than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.05 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 101.55% per share during the next fiscal year.
Ironwood Pharmaceuticals Inc (NASDAQ: IRWD) Trading Performance Indicators
Here are Ironwood Pharmaceuticals Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 3.62. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.46. Likewise, its price to free cash flow for the trailing twelve months is 4.46.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.02, a number that is poised to hit 0.06 in the next quarter and is forecasted to reach 0.25 in one year’s time.
Technical Analysis of Ironwood Pharmaceuticals Inc (IRWD)
Let’s dig in a bit further. During the last 5-days, its volume was 2.03 million. That was inferior than the volume of 2.89 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 6.80%. Additionally, its Average True Range was 0.31.
During the past 100 days, Ironwood Pharmaceuticals Inc’s (IRWD) raw stochastic average was set at 2.34%, which indicates a significant decrease from 4.97% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 88.45% in the past 14 days, which was lower than the 90.11% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $4.18, while its 200-day Moving Average is $6.62. However, in the short run, Ironwood Pharmaceuticals Inc’s stock first resistance to watch stands at $3.52. Second resistance stands at $3.69. The third major resistance level sits at $3.79. If the price goes on to break the first support level at $3.25, it is likely to go to the next support level at $3.15. Assuming the price breaks the second support level, the third support level stands at $2.98.
Ironwood Pharmaceuticals Inc (NASDAQ: IRWD) Key Stats
With a market capitalization of 552.15 million, the company has a total of 160,028K Shares Outstanding. Currently, annual sales are 442,740 K while annual income is -1,002 M. The company’s previous quarter sales were 91,590 K while its latest quarter income was 3,650 K.
