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IGC Pharma Inc (AMEX: IGC) closed the day trading at $0.34 down -5.06% from the previous closing price of $0.35. In other words, the price has decreased by -$5.06 from its previous closing price. On the day, 0.72 million shares were traded. IGC stock price reached its highest trading level at $0.3695 during the session, while it also had its lowest trading level at $0.33.
Ratios:
For a better understanding of IGC, let’s 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 26022998 and an Enterprise Value of 26287694. For the stock, the TTM Price-to-Sale (P/S) ratio is 20.94 while its Price-to-Book (P/B) ratio in mrq is 3.49. 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 -10.03%, while the 200-Day Moving Average is calculated to be -20.29%.
Shares Statistics:
Over the past 3-months, IGC traded about 352.13K shares per day on average, while over the past 10 days, IGC traded about 366320 shares per day. 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 2.31, compared to 1727654400 on 1652817. Therefore, it implies a Short% of Shares Outstanding of 1224092 and a Short% of Float of 2.4.
