The whole world of gambling is on your smartphone with the Mostbet app - join us!
Home  »  Trending   »  Inseego Corp. (INSG) Stock: A Study of the Market ...

Inseego Corp. (INSG) Stock: A Study of the Market Performance

The stock of Inseego Corp. (INSG) has seen a -19.70% decrease in the past week, with a -31.83% drop in the past month, and a -50.33% decrease in the past quarter. The volatility ratio for the week is 10.29%, and the volatility levels for the past 30 days are at 8.53% for INSG. The simple moving average for the past 20 days is -28.68% for INSG’s stock, with a -51.47% simple moving average for the past 200 days.

Is It Worth Investing in Inseego Corp. (NASDAQ: INSG) Right Now?

compared to its average ratio and a 36-month beta value of 1.43. Analysts have mixed views on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 3 as “hold,” and 0 as “sell.”

Top 5 EV Tech Stocks to Buy for 2023

The electric vehicle boom is accelerating – and fast. According a new report published by BloombergNEF, annual spending on passenger EVs hit $388 billion in 2022, up 53% from the year before. Like we said, the boom is accelerating – and the time to buy EV-related tech stocks is now. Get our free report, "Top 5 EV Tech Stocks to Buy for 2023".

Click Here to Download the FREE Report.


The average price point forecasted by analysts for Inseego Corp. (INSG) is $1.53, which is $1.13 above the current market price. The public float for INSG is 115.66M, and currently, short sellers hold a 3.95% ratio of that float. The average trading volume of INSG on September 19, 2023 was 923.02K shares.

INSG) stock’s latest price update

Inseego Corp. (NASDAQ: INSG) has seen a decline in its stock price by -3.65 in relation to its previous close of 0.41. However, the company has experienced a -19.70% decline in its stock price over the last five trading sessions. Zacks Investment Research reported 2023-08-02 that Inseego (INSG) came out with a quarterly loss of $0.02 per share versus the Zacks Consensus Estimate of a loss of $0.03. This compares to loss of $0.09 per share a year ago.

Analysts’ Opinion of INSG

Many brokerage firms have already submitted their reports for INSG stocks, with Stifel repeating the rating for INSG by listing it as a “Hold.” The predicted price for INSG in the upcoming period, according to Stifel is $2.50 based on the research report published on May 13, 2022 of the previous year 2022.

INSG Trading at -39.92% from the 50-Day Moving Average

After a stumble in the market that brought INSG to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -84.37% of loss for the given period.

Volatility was left at 8.53%, however, over the last 30 days, the volatility rate increased by 10.29%, as shares sank -28.51% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -41.70% lower at present.

During the last 5 trading sessions, INSG fell by -18.77%, which changed the moving average for the period of 200-days by -68.50% in comparison to the 20-day moving average, which settled at $0.5464. In addition, Inseego Corp. saw -53.07% in overturn over a single year, with a tendency to cut further losses.

Stock Fundamentals for INSG

Current profitability levels for the company are sitting at:

  • -22.38 for the present operating margin
  • +26.56 for the gross margin

The net margin for Inseego Corp. stands at -27.71. The total capital return value is set at -44.50, while invested capital returns managed to touch -56.35. Equity return is now at value 64.20, with -26.40 for asset returns.

When we switch over and look at the enterprise to sales, we see a ratio of 0.94, with the company’s debt to enterprise value settled at 0.68. The receivables turnover for the company is 7.36 and the total asset turnover is 0.74. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.38.


To put it simply, Inseego Corp. (INSG) has had a bad performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.