Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
The closing price of IPG Photonics Corp (NASDAQ: IPGP) was $62.58 for the day, down -1.32% from the previous closing price of $63.42. In other words, the price has decreased by -$1.32 from its previous closing price. On the day, 1.01 million shares were traded.
Ratios:
Our analysis of IPGP’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 2.86 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 17.83. For the most recent quarter (mrq), Quick Ratio is recorded 5.59 and its Current Ratio is at 6.98. In the meantime, Its Debt-to-Equity ratio is 0.01 whereas as Long-Term Debt/Eq ratio is at 0.01.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Oct 29 ’24 when Valentin Gapontsev Trust II bought 12,000 shares for $79.27 per share.
Desmond Jeanmarie F. sold 985 shares of IPGP for $83,922 on May 30 ’24. The Director now owns 4,319 shares after completing the transaction at $85.20 per share. On Apr 29 ’24, another insider, Meurice Eric, who serves as the Director of the company, sold 788 shares for $89.30 each. As a result, the insider received 70,368 and left with 16,491 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 2.73 while its Price-to-Book (P/B) ratio in mrq is 1.32.
Stock Price History:
Over the past 52 weeks, IPGP has reached a high of $92.21, while it has fallen to a 52-week low of $56.71. The 50-Day Moving Average of the stock is -9.77%, while the 200-Day Moving Average is calculated to be -17.22%.
Shares Statistics:
A total of 42.55M shares are outstanding, with a floating share count of 24.71M. Insiders hold about 41.93% of the company’s shares, while institutions hold 61.40% stake in the company.
