The pursuit of outperformance leads many investors to carefully choose individual stocks. Picking the right ones can be a game-changer for growing your wealth.
Innovex International Inc (NYSE: INVX) closed the day trading at $13.20 up 1.93% from the previous closing price of $12.95. In other words, the price has increased by $1.93 from its previous closing price. On the day, 0.65 million shares were traded. INVX stock price reached its highest trading level at $13.35 during the session, while it also had its lowest trading level at $12.82.
Ratios:
For a better understanding of INVX, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 4.69 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 110.54. For the most recent quarter (mrq), Quick Ratio is recorded 3.98 and its Current Ratio is at 5.60. In the meantime, Its Debt-to-Equity ratio is 0.02 whereas as Long-Term Debt/Eq ratio is at 0.02.
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 the company, Tudor Pickering Holt & Co. on March 14, 2022, Downgraded its rating to Hold and sets its target price to $35 from $38 previously.
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 Dec 13 ’24 when Reed Kendal bought 3,765 shares for $13.28 per share. The transaction valued at 49,999 led to the insider holds 186,232 shares of the business.
Webster James C. sold 6,000 shares of INVX for $88,020 on Aug 12 ’24. The VP, Gen Counsel & Secretary now owns 56,735 shares after completing the transaction at $14.67 per share. On Aug 12 ’24, another insider, Webster James C., who serves as the Officer of the company, bought 6,000 shares for $14.36 each.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, INVX now has a Market Capitalization of 887633984 and an Enterprise Value of 828906752. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.87 while its Price-to-Book (P/B) ratio in mrq is 0.53. Its current Enterprise Value per Revenue stands at 1.526 whereas that against EBITDA is 8.447.
Stock Price History:
Over the past 52 weeks, INVX has reached a high of $25.19, while it has fallen to a 52-week low of $12.62. The 50-Day Moving Average of the stock is -13.71%, while the 200-Day Moving Average is calculated to be -24.81%.
Shares Statistics:
Over the past 3-months, INVX traded about 410.95K shares per day on average, while over the past 10 days, INVX traded about 519470 shares per day. A total of 67.25M shares are outstanding, with a floating share count of 36.28M. Insiders hold about 46.05% of the company’s shares, while institutions hold 53.66% stake in the company. Shares short for INVX as of 1732838400 were 1466438 with a Short Ratio of 3.57, compared to 1730332800 on 1493429.
