On Monday, Innovex International Inc (NYSE: INVX) opened lower -3.64% from the last session, before settling in for the closing price of $17.58. Price fluctuations for INVX have ranged from $13.80 to $25.19 over the past 52 weeks.
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Annual sales at Energy sector company grew by 2.71% over the past five years. Company’s average yearly earnings per share was noted 1093.37% at the time writing. With a float of $36.00 million, this company’s outstanding shares have now reached $67.25 million.
Let’s look at the performance matrix of the company that is accounted for 1659 employees. In terms of profitability, gross margin is 30.72%, operating margin of -1.86%, and the pretax margin is 13.07%.
Innovex International Inc (INVX) Insider and Institutional Ownership
A key investor’s attitude towards the stock of the Oil & Gas Equipment & Services industry is another important factor to consider. The insider ownership of Innovex International Inc is 46.47%, while institutional ownership is 53.64%. The most recent insider transaction that took place on Aug 12 ’24, was worth 88,020. In this transaction VP, Gen Counsel & Secretary of this company sold 6,000 shares at a rate of $14.67, taking the stock ownership to the 56,735 shares. Before that another transaction happened on Aug 12 ’24, when Company’s Officer proposed sale 6,000 for $14.36, making the entire transaction worth $86,160.
Innovex International Inc (INVX) Latest Financial update
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.17 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 1093.37% per share during the next fiscal year.
Innovex International Inc (NYSE: INVX) Trading Performance Indicators
Check out the current performance indicators for Innovex International Inc (INVX). In the past quarter, the stock posted a quick ratio of 3.98. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.43. Likewise, its price to free cash flow for the trailing twelve months is 143.66.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.79, a number that is poised to hit 0.26 in the next quarter and is forecasted to reach 1.19 in one year’s time.
Technical Analysis of Innovex International Inc (INVX)
Innovex International Inc (NYSE: INVX) saw its 5-day average volume 0.49 million, a positive change from its year-to-date volume of 0.3 million. As of the previous 9 days, the stock’s Stochastic %D was 76.97%. Additionally, its Average True Range was 0.68.
During the past 100 days, Innovex International Inc’s (INVX) raw stochastic average was set at 71.36%, which indicates a significant increase from 69.99% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 43.12% in the past 14 days, which was lower than the 43.55% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $15.45, while its 200-day Moving Average is $18.06. Nevertheless, the first resistance level for the watch stands at $17.49 in the near term. At $18.04, the stock is likely to face the second major resistance level. The third major resistance level sits at $18.32. If the price goes on to break the first support level at $16.66, it is likely to go to the next support level at $16.37. The third support level lies at $15.82 if the price breaches the second support level.
Innovex International Inc (NYSE: INVX) Key Stats
There are currently 67,245K shares outstanding in the company with a market cap of 1.15 billion. Presently, the company’s annual sales total 424,060 K according to its annual income of 600 K. Last quarter, the company’s sales amounted to 151,820 K and its income totaled 82,590 K.
