In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
After finishing at $0.36 in the prior trading day, IGC Pharma Inc (AMEX: IGC) closed at $0.34, down -4.03%. In other words, the price has decreased by -$4.03 from its previous closing price. On the day, 0.59 million shares were traded. IGC stock price reached its highest trading level at $0.3596 during the session, while it also had its lowest trading level at $0.3426.
Ratios:
Our goal is to gain a better understanding of IGC by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.91 and its Current Ratio is at 1.52. In the meantime, Its Debt-to-Equity ratio is 0.04 whereas as Long-Term Debt/Eq ratio is at 0.02.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Sep 25 ’24 when Moran James P bought 588,235 shares for $0.34 per share. The transaction valued at 200,000 led to the insider holds 942,402 shares of the business.
PRINS RICHARD K bought 200,000 shares of IGC for $78,200 on Aug 12 ’24.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, IGC now has a Market Capitalization of 27649430 and an Enterprise Value of 26287694. For the stock, the TTM Price-to-Sale (P/S) ratio is 22.49 while its Price-to-Book (P/B) ratio in mrq is 3.56. Its current Enterprise Value per Revenue stands at 24.753 whereas that against EBITDA is -2.795.
Stock Price History:
Over the past 52 weeks, IGC has reached a high of $0.91, while it has fallen to a 52-week low of $0.26. The 50-Day Moving Average of the stock is -7.53%, while the 200-Day Moving Average is calculated to be -18.72%.
Shares Statistics:
The stock has traded on average 347.31K shares per day over the past 3-months and 379230 shares per day over the last 10 days, according to various share statistics. A total of 76.64M shares are outstanding, with a floating share count of 53.25M. Insiders hold about 31.25% of the company’s shares, while institutions hold 3.62% stake in the company. Shares short for IGC as of 1730332800 were 1224092 with a Short Ratio of 2.34, compared to 1727654400 on 1652817. Therefore, it implies a Short% of Shares Outstanding of 1224092 and a Short% of Float of 2.4.
