$1.37M in average volume shows that International Game Technology PLC (IGT) is heading in the right direction

International Game Technology PLC (NYSE: IGT) kicked off on Tuesday, down -3.63% from the previous trading day, before settling in for the closing price of $17.65. Over the past 52 weeks, IGT has traded in a range of $16.42-$25.29.

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Consumer Cyclical Sector giant saw their annual sales slid by -5.79% over the last five years. While this was happening, its average annual earnings per share was recorded 49.46%. With a float of $112.07 million, this company’s outstanding shares have now reached $201.86 million.

The firm has a total of 11019 workers. Let’s measure their productivity. In terms of profitability, gross margin is 47.51%, operating margin of 23.64%, and the pretax margin is 17.14%.

International Game Technology PLC (IGT) Insider Activity

Our next focus will be how large-scale investors are participating in this stock of the Gambling Industry. The insider ownership of International Game Technology PLC is 44.53%, while institutional ownership is 47.36%. The most recent insider transaction that took place on Nov 14 ’24, was worth 306,881. Before that another transaction happened on Sep 17 ’24, when Company’s Officer proposed sale 2,500 for $21.83, making the entire transaction worth $54,575.

International Game Technology PLC (IGT) Earnings and Forecasts

Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.23 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 49.46% per share during the next fiscal year.

International Game Technology PLC (NYSE: IGT) Trading Performance Indicators

Take a look at International Game Technology PLC’s (IGT) current performance indicators. Last quarter, stock had a quick ratio of 2.25. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.02. Likewise, its price to free cash flow for the trailing twelve months is 3.96.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.71, a number that is poised to hit 0.20 in the next quarter and is forecasted to reach 1.40 in one year’s time.

Technical Analysis of International Game Technology PLC (IGT)

Analysing the last 5-days average volume posted by the [International Game Technology PLC, IGT], we can find that recorded value of 1.22 million was lower than the volume posted last year of 1.43 million. As of the previous 9 days, the stock’s Stochastic %D was 26.76%. Additionally, its Average True Range was 0.52.

During the past 100 days, International Game Technology PLC’s (IGT) raw stochastic average was set at 11.64%, which indicates a significant increase from 6.83% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 28.90% in the past 14 days, which was higher than the 25.22% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $17.39, while its 200-day Moving Average is $19.82. Now, the first resistance to watch is $17.35. This is followed by the second major resistance level at $17.70. The third major resistance level sits at $17.87. If the price goes on to break the first support level at $16.83, it is likely to go to the next support level at $16.66. Should the price break the second support level, the third support level stands at $16.31.

International Game Technology PLC (NYSE: IGT) Key Stats

The company with the Market Capitalisation of 3.44 billion has total of 202,032K Shares Outstanding. Its annual sales at the moment are 2,512 M in contrast with the sum of 348,000 K annual income. Company’s last quarter sales were recorded 587,000 K and last quarter income was 8,000 K.