The stock of Inspired Entertainment Inc (NASDAQ: INSE) has increased by 0.69 when compared to last closing price of 8.72. Despite this, the company has experienced a -2.98% fall in its stock price over the last five trading sessions. accesswire.com reported 2025-01-07 that NEW YORK, NY / ACCESSWIRE / January 7, 2025 / Levi & Korsinsky notifies investors that it has commenced an investigation of Inspired Entertainment, Inc. (“Inspired Entertainment, Inc.”) (NASDAQ:INSE) concerning possible violations of federal securities laws. Inspired Entertainment, Inc., a gaming technology company, announced on November 8, 2023, that it had discovered accounting errors in its financial statements dating back to January 1, 2021, primarily related to the capitalization of software development costs under U.S. GAAP standards.
Is It Worth Investing in Inspired Entertainment Inc (NASDAQ: INSE) Right Now?
The 36-month beta value for INSE is at 1.39. Analysts have varying views on the stock, with 3 analysts rating it as a “buy,” 1 rating it as “overweight,” 1 as “hold,” and 0 as “sell.”
The public float for INSE is 24.66M, and currently, shorts hold a 1.97% of that float. The average trading volume for INSE on January 09, 2025 was 106.83K shares.
INSE’s Market Performance
INSE’s stock has seen a -2.98% decrease for the week, with a -8.16% drop in the past month and a -8.16% fall in the past quarter. The volatility ratio for the week is 3.45%, and the volatility levels for the past 30 days are at 3.69% for Inspired Entertainment Inc The simple moving average for the last 20 days is -1.19% for INSE stock, with a simple moving average of -4.02% for the last 200 days.
Analysts’ Opinion of INSE
Many brokerage firms have already submitted their reports for INSE stocks, with B. Riley Securities repeating the rating for INSE by listing it as a “Buy.” The predicted price for INSE in the upcoming period, according to B. Riley Securities is $21 based on the research report published on April 05, 2024 of the previous year 2024.
JMP Securities gave a rating of “Mkt Outperform” to INSE, setting the target price at $18 in the report published on November 15th of the previous year.
INSE Trading at -7.34% from the 50-Day Moving Average
After a stumble in the market that brought INSE to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -20.15% of loss for the given period.
Volatility was left at 3.69%, however, over the last 30 days, the volatility rate increased by 3.45%, as shares sank -5.59% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -2.44% lower at present.
During the last 5 trading sessions, INSE fell by -2.98%, which changed the moving average for the period of 200-days by -6.40% in comparison to the 20-day moving average, which settled at $8.89. In addition, Inspired Entertainment Inc saw -2.98% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for INSE
Current profitability levels for the company are sitting at:
- 0.1 for the present operating margin
- 0.57 for the gross margin
The net margin for Inspired Entertainment Inc stands at 0.03. The total capital return value is set at 0.1.
Based on Inspired Entertainment Inc (INSE), the company’s capital structure generated 1.31 points at debt to capital in total, while cash flow to debt ratio is standing at 0.11. The debt to equity ratio resting at -4.25. The interest coverage ratio of the stock is 0.92.
Currently, EBITDA for the company is 84.0 million with net debt to EBITDA at 4.43. When we switch over and look at the enterprise to sales, we see a ratio of 1.92. The receivables turnover for the company is 4.01for trailing twelve months and the total asset turnover is 0.77. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.51.
Conclusion
In conclusion, Inspired Entertainment Inc (INSE) has had a bad performance lately. Opinion on the stock among analysts is bullish, with some giving it a “buy” rating and others 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.
