Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
The closing price of Indivior Plc (NASDAQ: INDV) was $11.25 for the day, down -0.97% from the previous closing price of $11.36. In other words, the price has decreased by -$0.97 from its previous closing price. On the day, 0.29 million shares were traded. INDV stock price reached its highest trading level at $11.34 during the session, while it also had its lowest trading level at $11.15.
Ratios:
Our analysis of INDV’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 0.65 and its Current Ratio is at 0.83.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Piper Sandler on July 23, 2024, initiated with a Overweight rating and assigned the stock a target price of $22.
On April 03, 2024, Craig Hallum started tracking the stock assigning a Buy rating and target price of $37.
On July 13, 2023, Northland Capital started tracking the stock assigning a Outperform rating and target price of $35.Northland Capital initiated its Outperform rating on July 13, 2023, with a $35 target price.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, INDV now has a Market Capitalization of 1431731200 and an Enterprise Value of 1423718784. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.22. Its current Enterprise Value per Revenue stands at 1.204 whereas that against EBITDA is 4.549.
Stock Price History:
Over the past 52 weeks, INDV has reached a high of $23.22, while it has fallen to a 52-week low of $7.33. The 50-Day Moving Average of the stock is 15.50%, while the 200-Day Moving Average is calculated to be -22.40%.
Shares Statistics:
INDV traded an average of 1.17M shares per day over the past three months and 1053160 shares per day over the past ten days. A total of 129.57M shares are outstanding, with a floating share count of 119.08M. Insiders hold about 7.12% of the company’s shares, while institutions hold 75.08% stake in the company. Shares short for INDV as of 1731628800 were 1010264 with a Short Ratio of 0.69, compared to 1728950400 on 990177. Therefore, it implies a Short% of Shares Outstanding of 1010264 and a Short% of Float of 0.8099999999999999.
