Invacare Corporation (NYSE:IVC) went up by 18.43% from its latest closing price compared to the recent 1-year high of $10.94. The company’s stock price has collected -22.65% of loss in the last five trading sessions. Press Release reported on 09/09/21 that Invacare Corporation Provides Business Update and Revised Financial Guidance
Is It Worth Investing in Invacare Corporation (NYSE :IVC) Right Now?
Plus, the 36-month beta value for IVC is at 0.92. Opinions of the stock are interesting as 3 analysts out of 4 who provided ratings for Invacare Corporation declared the stock was a “buy,” while 0 rated the stock as “overweight,” 1 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $9.67. IVC currently public float of 33.02M and currently shorts hold a 30.62% ratio of that float. Today, the average trading volume of IVC was 406.26K shares.
IVC’s Market Performance
IVC stocks went down by -22.65% for the week, with a monthly drop of -23.29% and a quarterly performance of -21.71%, while its annual performance rate touched -3.42%. The volatility ratio for the week stands at 17.01% while the volatility levels for the past 30 days are set at 7.52% for Invacare Corporation. The simple moving average for the period of the last 20 days is -17.12% for IVC stocks with a simple moving average of -24.14% for the last 200 days.
Analysts’ Opinion of IVC
Many brokerage firms have already submitted their reports for IVC stocks, with Oppenheimer repeating the rating for IVC by listing it as a “Outperform.” The predicted price for IVC in the upcoming period, according to Oppenheimer is $11 based on the research report published on August 19th of the current year 2021.
Needham, on the other hand, stated in their research note that they expect to see IVC reach a price target of $15. The rating they have provided for IVC stocks is “Buy” according to the report published on January 24th, 2019.
IVC Trading at -16.68% from the 50-Day Moving Average
After a stumble in the market that brought IVC to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -40.68% of loss for the given period.
Volatility was left at 7.52%, however, over the last 30 days, the volatility rate increased by 17.01%, as shares sank -19.58% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -20.56% lower at present.
During the last 5 trading sessions, IVC fell by -22.65%, which changed the moving average for the period of 200-days by -28.76% in comparison to the 20-day moving average, which settled at $7.75. In addition, Invacare Corporation saw -27.49% in overturn over a single year, with a tendency to cut further losses.
Reports are indicating that there were more than several insider trading activities at IVC starting from Shah Baiju R., who sale 6,948 shares at the price of $8.50 back on Aug 06. After this action, Shah Baiju R. now owns 82,865 shares of Invacare Corporation, valued at $59,058 using the latest closing price.
LaPlaca Anthony, the Sr. VP and General Counsel of Invacare Corporation, sale 1,400 shares at $7.77 during a trade that took place back on Jul 15, which means that LaPlaca Anthony is holding 88,382 shares at $10,878 based on the most recent closing price.
Stock Fundamentals for IVC
Current profitability levels for the company are sitting at:
- +1.14 for the present operating margin
- +30.49 for the gross margin
The net margin for Invacare Corporation stands at -3.33. The total capital return value is set at 1.56, while invested capital returns managed to touch -4.67. Equity return is now at value -12.10, with -3.90 for asset returns.
Based on Invacare Corporation (IVC), the company’s capital structure generated 97.83 points at debt to equity in total, while total debt to capital is 49.45. Total debt to assets is 34.53, with long-term debt to equity ratio resting at 93.24. Finally, the long-term debt to capital ratio is 47.13.
When we switch over and look at the enterprise to sales, we see a ratio of 0.62, with the company’s debt to enterprise value settled at 0.62. The receivables turnover for the company is 6.28 and the total asset turnover is 0.94. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.63.