The price-to-earnings ratio for Inseego Corp (NASDAQ: INSG) is above average at 213.85x. The 36-month beta value for INSG is also noteworthy at 1.61. There are mixed opinions on the stock, with 0 analysts rating it as a “buy,” 1 rating it as “overweight,” 2 rating it as “hold,” and 0 rating it as “sell.”
The public float for INSG is 14.18M, and at present, short sellers hold a 6.99% of that float. The average trading volume of INSG on February 21, 2025 was 134.58K shares.
INSG) stock’s latest price update
The stock price of Inseego Corp (NASDAQ: INSG) has surged by 5.84 when compared to previous closing price of 11.82, but the company has seen a -8.15% decline in its stock price over the last five trading sessions. seekingalpha.com reported 2025-02-19 that Inseego Corp. (NASDAQ:INSG ) Q4 2024 Earnings Conference Call February 19, 2025 5:00 PM ET Company Participants Juho Sarvikas – CEO Steven Gatoff – CFO Conference Call Participants Scott Searle – ROTH Capital Lance Vitanza – TD Cowen Tore Svanberg – Stifel Operator Hello, and welcome to Inseego Corp’s Fourth Quarter and Full Year 2024 Financial Results Conference Call. Please note that today’s event is being recorded.
INSG’s Market Performance
Inseego Corp (INSG) has seen a -8.15% fall in stock performance for the week, with a 7.75% gain in the past month and a 5.30% surge in the past quarter. The volatility ratio for the week is 15.19%, and the volatility levels for the past 30 days are at 8.57% for INSG. The simple moving average for the past 20 days is 0.43% for INSG’s stock, with a 1.96% simple moving average for the past 200 days.
Analysts’ Opinion of INSG
Many brokerage firms have already submitted their reports for INSG stocks, with ROTH MKM repeating the rating for INSG by listing it as a “Buy.” The predicted price for INSG in the upcoming period, according to ROTH MKM is $15 based on the research report published on November 14, 2024 of the previous year 2024.
Stifel, on the other hand, stated in their research note that they expect to see INSG reach a price target of $2.50. The rating they have provided for INSG stocks is “Hold” according to the report published on May 13th, 2022.
Canaccord Genuity gave a rating of “Buy” to INSG, setting the target price at $7 in the report published on March 02nd of the previous year.
INSG Trading at 8.47% 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 -39.46% of loss for the given period.
Volatility was left at 8.57%, however, over the last 30 days, the volatility rate increased by 15.19%, as shares surge +4.42% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +13.32% upper at present.
During the last 5 trading sessions, INSG fell by -8.15%, which changed the moving average for the period of 200-days by +211.97% in comparison to the 20-day moving average, which settled at $12.46. In addition, Inseego Corp saw 21.93% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at INSG starting from BRACE PHILIP G, who purchase 10,000 shares at the price of $12.40 back on Nov 15 ’24. After this action, BRACE PHILIP G now owns 177,763 shares of Inseego Corp, valued at $124,000 using the latest closing price.
Stock Fundamentals for INSG
Current profitability levels for the company are sitting at:
- 0.02 for the present operating margin
- 0.36 for the gross margin
The net margin for Inseego Corp stands at -0.05. The total capital return value is set at 0.11.
Based on Inseego Corp (INSG), the company’s capital structure generated 1.28 points at debt to capital in total, while cash flow to debt ratio is standing at 0.51. The debt to equity ratio resting at -4.62. The interest coverage ratio of the stock is 0.46.
Currently, EBITDA for the company is -12.22 million with net debt to EBITDA at 65.67. When we switch over and look at the enterprise to sales, we see a ratio of 1.0. The receivables turnover for the company is 14.94for trailing twelve months and the total asset turnover is 2.06. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.15.
Conclusion
In summary, Inseego Corp (INSG) has had a better performance as of late. Analysts have mixed 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.
