Innovex International Inc (NYSE: INVX) kicked off on Friday, down -9.61% from the previous trading day, before settling in for the closing price of $16.03. Over the past 52 weeks, INVX has traded in a range of $12.54-$23.86.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Energy sector was 12.20%. While this was happening, its average annual earnings per share was recorded 19.74%. With a float of $37.30 million, this company’s outstanding shares have now reached $69.18 million.
Considering the fact that the conglomerate employs 2683 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 32.62%, operating margin of 2.46%, and the pretax margin is 13.93%.
Innovex International Inc (INVX) Insider Activity
Our next focus will be how large-scale investors are participating in this stock of the Oil & Gas Equipment & Services Industry. The insider ownership of Innovex International Inc is 46.15%, while institutional ownership is 55.59%. The most recent insider transaction that took place on Dec 13 ’24, was worth 49,999. In this transaction Chief Financial Officer of this company bought 3,765 shares at a rate of $13.28, taking the stock ownership to the 186,232 shares. Before that another transaction happened on Aug 12 ’24, when Company’s VP, Gen Counsel & Secretary sold 6,000 for $14.67, making the entire transaction worth $88,020. This insider now owns 56,735 shares in total.
Innovex International Inc (INVX) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around 19.74% per share during the next fiscal year.
Innovex International Inc (NYSE: INVX) Trading Performance Indicators
Take a look at Innovex International Inc’s (INVX) current performance indicators. Last quarter, stock had a quick ratio of 2.28. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.59. Likewise, its price to free cash flow for the trailing twelve months is 12.57.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.82, a number that is poised to hit 0.36 in the next quarter and is forecasted to reach 1.80 in one year’s time.
Technical Analysis of Innovex International Inc (INVX)
Compared to the last year’s volume of 0.4 million, its volume of 0.38 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 16.76%. Additionally, its Average True Range was 0.89.
During the past 100 days, Innovex International Inc’s (INVX) raw stochastic average was set at 28.34%, which indicates a significant increase from 4.26% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 64.18% in the past 14 days, which was higher than the 54.91% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $17.21, while its 200-day Moving Average is $16.10. Nevertheless, the first resistance level for the watch stands at $15.23 in the near term. At $15.98, the stock is likely to face the second major resistance level. The third major resistance level sits at $16.45. If the price goes on to break the first support level at $14.02, it is likely to go to the next support level at $13.55. Should the price break the second support level, the third support level stands at $12.80.
Innovex International Inc (NYSE: INVX) Key Stats
The company with the Market Capitalisation of 1.00 billion has total of 69,368K Shares Outstanding. Its annual sales at the moment are 660,800 K in contrast with the sum of 140,330 K annual income. Company’s last quarter sales were recorded 278,350 K and last quarter income was 79,540 K.
