Innoviva Inc. (NASDAQ:INVA) went up by 0.08% from its latest closing price compared to the recent 1-year high of $15.62. The company’s stock price has collected -6.05% of loss in the last five trading sessions. Press Release reported on 05/20/21 that Innoviva Announces Strategic Repurchase of GSK’s Equity Stake
Is It Worth Investing in Innoviva Inc. (NASDAQ :INVA) Right Now?
Innoviva Inc. (NASDAQ:INVA) scored a price-to-earnings ratio above its average ratio, recording 5.47 x from its present earnings ratio. Plus, the 36-month beta value for INVA is at 0.60. Opinions of the stock are interesting as 0 analysts out of 1 who provided ratings for Innoviva Inc. declared the stock was a “buy,” while 0 rated the stock as “overweight,” 0 rated it as “hold,” and 1 as “sell.”
The average price from analysts is $10.00, which is -$2.42 below the current price. INVA currently public float of 100.94M and currently shorts hold a 8.84% ratio of that float. Today, the average trading volume of INVA was 583.65K shares.
INVA’s Market Performance
INVA stocks went down by -6.05% for the week, with a monthly jump of 2.39% and a quarterly performance of 4.81%, while its annual performance rate touched -11.03%. The volatility ratio for the week stands at 2.78% while the volatility levels for the past 30 days are set at 3.77% for Innoviva Inc.. The simple moving average for the period of the last 20 days is -4.59% for INVA stocks with a simple moving average of 6.78% for the last 200 days.
Analysts’ Opinion of INVA
Many brokerage firms have already submitted their reports for INVA stocks, with Deutsche Bank repeating the rating for INVA by listing it as a “Hold.” The predicted price for INVA in the upcoming period, according to Deutsche Bank is $13 based on the research report published on November 20th of the previous year 2017.
INVA Trading at 0.93% from the 50-Day Moving Average
After a stumble in the market that brought INVA to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -20.49% of loss for the given period.
Volatility was left at 3.77%, however, over the last 30 days, the volatility rate increased by 2.78%, as shares surge +0.40% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +4.46% upper at present.
During the last 5 trading sessions, INVA fell by -6.05%, which changed the moving average for the period of 200-days by +1.22% in comparison to the 20-day moving average, which settled at $13.02. In addition, Innoviva Inc. saw 0.24% in overturn over a single year, with a tendency to cut further gains.
Reports are indicating that there were more than several insider trading activities at INVA starting from Bickerstaff George, who purchase 10,000 shares at the price of $13.46 back on May 24. After this action, Bickerstaff George now owns 124,560 shares of Innoviva Inc., valued at $134,619 using the latest closing price.
Bickerstaff George, the Director of Innoviva Inc., purchase 10,000 shares at $12.97 during a trade that took place back on May 21, which means that Bickerstaff George is holding 114,560 shares at $129,670 based on the most recent closing price.
Stock Fundamentals for INVA
Current profitability levels for the company are sitting at:
- +92.07 for the present operating margin
The net margin for Innoviva Inc. stands at +64.00. The total capital return value is set at 37.70, while invested capital returns managed to touch 27.77. Equity return is now at value 47.80, with 26.00 for asset returns.
Based on Innoviva Inc. (INVA), the company’s capital structure generated 71.40 points at debt to equity in total, while total debt to capital is 41.66. Total debt to assets is 38.57, with long-term debt to equity ratio resting at 71.40. Finally, the long-term debt to capital ratio is 41.66.
When we switch over and look at the enterprise to sales, we see a ratio of 4.60, with the company’s debt to enterprise value settled at 0.24. The receivables turnover for the company is 4.05 and the total asset turnover is 0.41. The liquidity ratio also appears to be rather interesting for investors as it stands at 55.98.