Beyond market trends, investors looking for superior returns explore the world of stock picking. The right selections can be a powerful driver for wealth accumulation.
As of close of business last night, IGC Pharma Inc’s stock clocked out at $0.37, down -0.65% from its previous closing price of $0.37. In other words, the price has decreased by -$0.65 from its previous closing price. On the day, 1.14 million shares were traded. IGC stock price reached its highest trading level at $0.38 during the session, while it also had its lowest trading level at $0.348.
Ratios:
To gain a deeper understanding of IGC’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.68 and its Current Ratio is at 1.28. In the meantime, Its Debt-to-Equity ratio is 0.04 whereas as Long-Term Debt/Eq ratio is at 0.02.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. 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 30721104 and an Enterprise Value of 30554098. For the stock, the TTM Price-to-Sale (P/S) ratio is 24.19 while its Price-to-Book (P/B) ratio in mrq is 4.68. Its current Enterprise Value per Revenue stands at 24.039 whereas that against EBITDA is -4.475.
Stock Price History:
The Beta on a monthly basis for IGC is 1.49, which has changed by -0.17777777 over the last 52 weeks, in comparison to a change of 0.16932249 over the same period for the S&P500. Over the past 52 weeks, IGC has reached a high of $0.48, while it has fallen to a 52-week low of $0.25. The 50-Day Moving Average of the stock is 12.38%, while the 200-Day Moving Average is calculated to be 10.34%.
Shares Statistics:
It appears that IGC traded 2.56M shares on average per day over the past three months and 1797280 shares per day over the past ten days. A total of 80.88M shares are outstanding, with a floating share count of 57.25M. Insiders hold about 31.76% of the company’s shares, while institutions hold 3.41% stake in the company. Shares short for IGC as of 1752537600 were 3464272 with a Short Ratio of 1.36, compared to 1749772800 on 525944. Therefore, it implies a Short% of Shares Outstanding of 3464272 and a Short% of Float of 6.0.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
