Ivanhoe Electric Inc (IE) average volume reaches $715.64K: Are the Stars Lining Up for Investors?

Ivanhoe Electric Inc (AMEX: IE) established initial surge of 5.61% at $9.23, before settling in for the price of $8.74 at the close. Taking a more long-term approach, IE posted a 52-week range of $6.31-$12.98.

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The Basic Materials sector firm’s twelve-monthly sales growth has been 12.89% for the last half of the decade. Meanwhile, its Annual Earning per share during the time was -64.45%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 24.80%. This publicly-traded company’s shares outstanding now amounts to $120.03 million, simultaneously with a float of $73.40 million. The organization now has a market capitalization sitting at $1.11 billion. At the time of writing, stock’s 50-day Moving Average stood at $9.54, while the 200-day Moving Average is $9.39.

Ivanhoe Electric Inc (IE) Ownership Facts and Figures

Sometimes it is also beneficial to study the sentiment of large-scale investors towards the stock of the Ivanhoe Electric Inc industry. Ivanhoe Electric Inc’s current insider ownership accounts for 39.06%, in contrast to 61.10% institutional ownership. According to the most recent insider trade that took place on May 20 ’24, this organization’s Chief Geophysics Officer sold 25,000 shares at the rate of 12.16, making the entire transaction reach 304,000 in total value, affecting insider ownership by 260,272. Preceding that transaction, on May 16 ’24, Company’s Chief Operating Officer sold 28,344 for 12.45, making the whole transaction’s value amount to 352,883. This particular insider is now the holder of 301,928 in total.

Ivanhoe Electric Inc (IE) Earnings and Revenue Records

Ivanhoe Electric Inc’s EPS increase for this current 12-month fiscal period is 24.80% and is forecasted to reach -0.75 in the upcoming year.

Ivanhoe Electric Inc (AMEX: IE) Trading Performance Indicators

Let’s observe the current performance indicators for Ivanhoe Electric Inc (IE). It’s Quick Ratio in the last reported quarter now stands at 2.50. The Stock has managed to achieve an average true range (ATR) of 0.56. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 343.15.

In the same vein, IE’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -1.60, a figure that is expected to reach -0.26 in the next quarter, and analysts are predicting that it will be -0.75 at the market close of one year from today.

Technical Analysis of Ivanhoe Electric Inc (IE)

Now, what If we examine the latest scores posted by [Ivanhoe Electric Inc, IE]. During the last 5-days, its volume was lower the volume of 0.66 million it reported in year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 23.13% While, its Average True Range was 0.57.

Raw Stochastic average of Ivanhoe Electric Inc (IE) in the period of the previous 100 days is set at 50.17%, which indicates a major rise in contrast to 23.14% 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 59.71% that was lower than 70.29% volatility it exhibited in the past 100-days period.