For the readers interested in the stock health of India Globalization Capital Inc. (IGC). It is currently valued at $1.47. When the transactions were called off in the previous session, Stock hit the highs of $2.05, after setting-off with the price of $1.75. Company’s stock value dipped to $1.37 during the trading on the day. When the trading was stopped its value was $1.81.
Recently in News on December 22, 2020, India Globalization Capital Nominates Mr. John E. Lynch to its Board of Directors. India Globalization Capital, Inc. (NYSE American: IGC), today announced that John E. Lynch has been nominated as a Class A independent director for election at the Company’s 2020 Annual Meeting of Stockholders, to be held on January 11, 2021, replacing Class A director Sudhakar Shenoy. You can read further details here
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India Globalization Capital 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 $2.0700 on 01/06/21, with the lowest value was $1.3700 for the same time period, recorded on 01/11/21.
India Globalization Capital Inc. (IGC) full year performance was 124.87%
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, India Globalization Capital Inc. shares are logging -67.33% during the 52-week period from high price, and 458.94% 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 $0.26 and $4.50.
The company’s shares, operating in the sector of Industrials managed to top a trading volume set approximately around 16178536 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 India Globalization Capital Inc. (IGC) recorded performance in the market was -5.77%, having the revenues showcasing -5.16% 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 65.71M, as it employees total of 31 workers.
India Globalization Capital Inc. (IGC) in the eye of market guru’s
During the last month, 0 analysts gave the India Globalization Capital Inc. a BUY rating, 0 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 1.4167, with a change in the price was noted -0.3500. In a similar fashion, India Globalization Capital Inc. posted a movement of -19.23% for the period of last 100 days, recording 3,869,408 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 IGC is recording 0.03 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.02.
India Globalization Capital Inc. (IGC): Stocks Technical analysis and Trends
Raw Stochastic average of India Globalization Capital Inc. in the period of last 50 days is set at 23.72%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 14.29%. In the last 20 days, the company’s Stochastic %K was 44.27% and its Stochastic %D was recorded 50.60%.
If we look into the earlier routines of India Globalization Capital 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 -5.77%. Additionally, trading for the stock in the period of the last six months notably improved by 164.86%, alongside a boost of 124.87% for the period of the last 12 months. The shares increased approximately by -11.98% in the 7-day charts and went up by -15.03% in the period of the last 30 days. Common stock shares were lifted by -5.16% during last recorded quarter.