The 36-month beta value for IVAC is also noteworthy at 0.77. There are mixed opinions on the stock, with 4 analysts rating it as a “buy,” 0 rating it as “overweight,” 1 rating it as “hold,” and 0 rating it as “sell.”
The public float for IVAC is 25.18M, and at present, short sellers hold a 3.26% of that float. The average trading volume of IVAC on April 26, 2024 was 68.14K shares.
IVAC) stock’s latest price update
The stock of Intevac, Inc. (NASDAQ: IVAC) has increased by 10.54 when compared to last closing price of 3.70.Despite this, the company has seen a gain of 11.44% in its stock price over the last five trading days. InvestorPlace reported 2024-04-10 that Certain changes frequently lie in plain sight in the stock market’s vast landscape, unnoticed by many yet discreetly benefiting those smart enough to see them. Here are three examples of undervalued technology stocks that quietly but considerably increased the wealth of initial investors.
IVAC’s Market Performance
Intevac, Inc. (IVAC) has experienced a 11.44% rise in stock performance for the past week, with a 7.07% rise in the past month, and a -8.91% drop in the past quarter. The volatility ratio for the week is 5.43%, and the volatility levels for the past 30 days are at 4.50% for IVAC. The simple moving average for the past 20 days is 8.98% for IVAC’s stock, with a 9.53% simple moving average for the past 200 days.
Analysts’ Opinion of IVAC
The Benchmark Company, on the other hand, stated in their research note that they expect to see IVAC reach a price target of $9. The rating they have provided for IVAC stocks is “Buy” according to the report published on January 03rd, 2023.
IVAC Trading at 7.03% from the 50-Day Moving Average
After a stumble in the market that brought IVAC to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -37.80% of loss for the given period.
Volatility was left at 4.50%, however, over the last 30 days, the volatility rate increased by 5.43%, as shares surge +6.23% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +5.68% upper at present.
During the last 5 trading sessions, IVAC rose by +11.44%, which changed the moving average for the period of 200-days by +13.61% in comparison to the 20-day moving average, which settled at $3.77. In addition, Intevac, Inc. saw -5.32% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at IVAC starting from Moniz James P, who purchase 5,000 shares at the price of $5.06 back on May 08 ’23. After this action, Moniz James P now owns 25,000 shares of Intevac, Inc., valued at $25,300 using the latest closing price.
Hunton Nigel, the President and CEO of Intevac, Inc., purchase 5,000 shares at $5.04 during a trade that took place back on May 08 ’23, which means that Hunton Nigel is holding 312,253 shares at $25,200 based on the most recent closing price.
Stock Fundamentals for IVAC
Current profitability levels for the company are sitting at:
- -0.23 for the present operating margin
- 0.38 for the gross margin
The net margin for Intevac, Inc. stands at -0.24. The total capital return value is set at -0.1. Equity return is now at value -10.55, with -7.65 for asset returns.
Based on Intevac, Inc. (IVAC), the company’s capital structure generated 0.06 points at debt to capital in total, while cash flow to debt ratio is standing at -4.4. The debt to equity ratio resting at 0.07. The interest coverage ratio of the stock is -9.0.
Currently, EBITDA for the company is -11.71 million with net debt to EBITDA at 3.47. When we switch over and look at the enterprise to sales, we see a ratio of 1.24. The receivables turnover for the company is 2.83for trailing twelve months and the total asset turnover is 0.34. The liquidity ratio also appears to be rather interesting for investors as it stands at 4.10.
Conclusion
In summary, Intevac, Inc. (IVAC) has had a mixed performance as of late. Analysts have bullish opinions on the stock, with some viewing 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.
