On Friday, IGC Pharma Inc (AMEX: IGC) opened higher 6.04% from the last session, before settling in for the closing price of $0.33. Price fluctuations for IGC have ranged from $0.25 to $0.50 over the past 52 weeks.
During the last 5-year period, the sales growth of Healthcare Sector giant was 12.85%. Company’s average yearly earnings per share was noted 11.11% at the time writing. With a float of $71.51 million, this company’s outstanding shares have now reached $91.96 million.
IGC Pharma Inc (IGC) Breakdown of a Key Holders of the stock
A key investor’s attitude towards the stock of the Biotechnology industry is another important factor to consider. The insider ownership of IGC Pharma Inc is 23.22%, while institutional ownership is 5.86%.
IGC Pharma Inc (IGC) Recent Fiscal highlights
If we go through the results of last quarter, which was made public on 12/31/2024, the company posted -0.02 earnings per share (EPS) for the quarter, besting the agreed prediction (set at -0.03) by 0.01. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.02 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 11.11% per share during the next fiscal year.
IGC Pharma Inc (AMEX: IGC) Trading Performance Indicators
Check out the current performance indicators for IGC Pharma Inc (IGC). In the past quarter, the stock posted a quick ratio of 0.87. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 29.09.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.08, a number that is poised to hit -0.02 in the next quarter and is forecasted to reach -0.09 in one year’s time.
Technical Analysis of IGC Pharma Inc (IGC)
Looking closely at IGC Pharma Inc (AMEX: IGC), its last 5-days average volume was 0.95 million, which is a drop from its year-to-date volume of 1.13 million. As of the previous 9 days, the stock’s Stochastic %D was 74.63%.
During the past 100 days, IGC Pharma Inc’s (IGC) raw stochastic average was set at 29.73%, which indicates a significant decrease from 86.10% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.0215 in the past 14 days, which was lower than the 0.0247 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $0.3658, while its 200-day Moving Average is $0.3442. However, in the short run, IGC Pharma Inc’s stock first resistance to watch stands at $0.3585. Second resistance stands at $0.3692. The third major resistance level sits at $0.3806. If the price goes on to break the first support level at $0.3364, it is likely to go to the next support level at $0.3250. Now, if the price goes above the second support level, the third support stands at $0.3143.
IGC Pharma Inc (AMEX: IGC) Key Stats
There are currently 92,868K shares outstanding in the company with a market cap of 32.29 million. Presently, the company’s annual sales total 1,270 K according to its annual income of -7,120 K. Last quarter, the company’s sales amounted to 190 K and its income totaled -1,820 K.
