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Innovex International Inc (NYSE: INVX) closed the day trading at $15.08 down -6.10%% from the previous closing price of $16.06. In other words, the price has decreased by -$6.10% from its previous closing price. On the day, 0.69 million shares were traded.
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 15.27 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 9.23. For the most recent quarter (mrq), Quick Ratio is recorded 2.49 and its Current Ratio is at 4.34. In the meantime, Its Debt-to-Equity ratio is 0.08 whereas as Long-Term Debt/Eq ratio is at 0.07.
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:
As of this moment, Innovex’s Price-to-Earnings (P/E) ratio for their current fiscal year is 5.77, and their Forward P/E ratio for the next fiscal year is 10.19. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.38. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.36 while its Price-to-Book (P/B) ratio in mrq is 1.07.
Stock Price History:
Over the past 52 weeks, INVX has reached a high of $19.42, while it has fallen to a 52-week low of $11.93. The 50-Day Moving Average of the stock is -1.45%, while the 200-Day Moving Average is calculated to be -4.18%.
Shares Statistics:
A total of 69.34M shares are outstanding, with a floating share count of 37.03M. Insiders hold about 46.32% of the company’s shares, while institutions hold 58.25% stake in the company.
