Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
The price of IGC Pharma Inc (AMEX: IGC) closed at $0.32 in the last session, down -4.42% from day before closing price of $0.33. In other words, the price has decreased by -$4.42 from its previous closing price. On the day, 1.04 million shares were traded. IGC stock price reached its highest trading level at $0.34 during the session, while it also had its lowest trading level at $0.312.
Ratios:
We take a closer look at IGC’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 0.59 and its Current Ratio is at 1.15. In the meantime, Its Debt-to-Equity ratio is 0.04 whereas as Long-Term Debt/Eq ratio is at 0.02.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of 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 25499264 and an Enterprise Value of 25299252. For the stock, the TTM Price-to-Sale (P/S) ratio is 20.56 while its Price-to-Book (P/B) ratio in mrq is 4.00. Its current Enterprise Value per Revenue stands at 20.469 whereas that against EBITDA is -3.058.
Stock Price History:
The Beta on a monthly basis for IGC is 1.37, which has changed by -0.15789473 over the last 52 weeks, in comparison to a change of 0.09589827 over the same period for the S&P500. 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 0.81%, while the 200-Day Moving Average is calculated to be -15.12%.
Shares Statistics:
According to the various share statistics, IGC traded on average about 404.00K shares per day over the past 3-months and 596700 shares per day over the past 10 days. A total of 78.20M shares are outstanding, with a floating share count of 55.48M. Insiders hold about 30.37% of the company’s shares, while institutions hold 3.56% stake in the company. Shares short for IGC as of 1740700800 were 943850 with a Short Ratio of 2.34, compared to 1738281600 on 953232. Therefore, it implies a Short% of Shares Outstanding of 943850 and a Short% of Float of 1.71.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
