Market Momentum: Ingevity Corp (NGVT) Registers a 0.95 Increase, Closing at 31.73

Those determined to outshine the market strategically focus on the selection of individual stocks. Well-chosen stocks have the potential to substantially boost your wealth.

Ingevity Corp (NYSE: NGVT) closed the day trading at $31.73 up 0.95% from the previous closing price of $31.43. In other words, the price has increased by $0.95 from its previous closing price. On the day, 0.55 million shares were traded. NGVT stock price reached its highest trading level at $32.96 during the session, while it also had its lowest trading level at $29.01.

Ratios:

For a better understanding of NGVT, 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 16.90 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 22.67. For the most recent quarter (mrq), Quick Ratio is recorded 1.00 and its Current Ratio is at 1.87. In the meantime, Its Debt-to-Equity ratio is 7.45 whereas as Long-Term Debt/Eq ratio is at 7.05.

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, BMO Capital Markets on February 26, 2025, Upgraded its rating to Outperform and sets its target price to $65 from $62 previously.

On August 07, 2024, CJS Securities Upgraded its rating to Market Outperform which previously was Market Perform but kept the price unchanged to $58.

Jefferies Upgraded its Hold to Buy on April 22, 2024, whereas the target price for the stock was revised from $52 to $62.

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 Aug 19 ’24 when Cozad Stacy bought 9,256 shares for $36.00 per share.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, NGVT now has a Market Capitalization of 1156219008 and an Enterprise Value of 2529219328. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.82 while its Price-to-Book (P/B) ratio in mrq is 5.91. Its current Enterprise Value per Revenue stands at 1.798 whereas that against EBITDA is 6.752.

Stock Price History:

The Beta on a monthly basis for NGVT is 1.34, which has changed by -0.3546878 over the last 52 weeks, in comparison to a change of -0.028342128 over the same period for the S&P500. Over the past 52 weeks, NGVT has reached a high of $56.29, while it has fallen to a 52-week low of $30.12. The 50-Day Moving Average of the stock is -27.65%, while the 200-Day Moving Average is calculated to be -24.04%.

Shares Statistics:

Over the past 3-months, NGVT traded about 248.66K shares per day on average, while over the past 10 days, NGVT traded about 294290 shares per day. A total of 36.35M shares are outstanding, with a floating share count of 36.03M. Insiders hold about 1.12% of the company’s shares, while institutions hold 100.93% stake in the company. Shares short for NGVT as of 1741910400 were 1205479 with a Short Ratio of 4.85, compared to 1739491200 on 1120503. Therefore, it implies a Short% of Shares Outstanding of 1205479 and a Short% of Float of 4.64.

Dividends & Splits

Against a Trailing Annual Dividend Yield of 0.0

Most Popular