i3 Verticals Inc. (IIIV) market price of $23.90 offers the impression of an exciting value play

At the end of the latest market close, i3 Verticals Inc. (IIIV) was valued at $25.42. In that particular session, Stock kicked-off at the price of $24.48 while reaching the peak value of $24.64 and lowest value recorded on the day was $23.0276. The stock current value is $23.90.

Recently in News on September 11, 2020, i3 Verticals, Inc. Prices Public Offering of Class a Common Stock. i3 Verticals, Inc. (Nasdaq: IIIV) (the “Company”) today announced the pricing of its public offering of 3,250,000 shares of Class A common stock at a public offering price of $23.50 per share. In addition, the Company has granted the underwriters a 30-day option to purchase up to an additional 487,500 shares of Class A common stock, at the public offering price, less the underwriting discount. The offering is expected to close on September 15, 2020, subject to customary closing conditions. You can read further details here

i3 Verticals Inc. had a pretty favorable run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $37.85 on 02/10/20, with the lowest value was $13.01 for the same time period, recorded on 03/19/20.

i3 Verticals Inc. (IIIV) full year performance was 16.36%

Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, i3 Verticals Inc. shares are logging -36.86% during the 52-week period from high price, and 83.70% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $13.01 and $37.85.

The company’s shares, operating in the sector of Technology managed to top a trading volume set approximately around 1510711 for the day, which was evidently higher, when compared to the average daily volumes of the shares.

When it comes to the year-to-date metrics, the i3 Verticals Inc. (IIIV) recorded performance in the market was -15.40%, having the revenues showcasing -14.92% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 699.31M, as it employees total of 542 workers.

i3 Verticals Inc. (IIIV) in the eye of market guru’s

During the last month, 5 analysts gave the i3 Verticals Inc. a BUY rating, 1 of the polled analysts branded the stock as an OVERWEIGHT, 0 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 of the polled analysts provided SELL rating.

According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 27.31, with a change in the price was noted +4.90. In a similar fashion, i3 Verticals Inc. posted a movement of +25.79% for the period of last 100 days, recording 165,779 in trading volumes.

Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for IIIV is recording 0.00 at the time of this writing. In addition, long term Debt to Equity ratio is set at 1.26.

i3 Verticals Inc. (IIIV): Stocks Technical analysis and Trends

Raw Stochastic average of i3 Verticals Inc. in the period of last 50 days is set at 9.91%. The result represents downgrade in oppose to Raw Stochastic average for the period of the last 20 days, recording 12.21%. In the last 20 days, the company’s Stochastic %K was 18.09% and its Stochastic %D was recorded 19.91%.

If we look into the earlier routines of i3 Verticals Inc., multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be encouraging, given the fact the metric is recording -15.40%. Additionally, trading for the stock in the period of the last six months notably deteriorated by -4.02%, alongside a boost of 16.36% for the period of the last 12 months. The shares increased approximately by -12.39% in the 7-day charts and went up by -15.28% in the period of the last 30 days. Common stock shares were lifted by -14.92% during last recorded quarter.