For the readers interested in the stock health of Ebix Inc. (EBIX). It is currently valued at $35.80. When the transactions were called off in the previous session, Stock hit the highs of $36.16, after setting-off with the price of $31.33. Company’s stock value dipped to $31.33 during the trading on the day. When the trading was stopped its value was $31.06.Recently in News on January 11, 2022, EbixCash Wins Prestigious Long-term Contract for Automating and Digitizing the State of West Bengal and the City of Kolkata’s Bus Ticketing and Fare Collection System. EbixCash Private Limited, a subsidiary of Ebix, Inc. (NASDAQ: EBIX), a leading international supplier of On-Demand software and E-commerce services to the insurance, financial, healthcare and e-learning industries, today announced that it has been awarded the prestigious order to design, develop, build, install, maintain, operate and transfer the Intelligent Transport Management System (ITMS) for all the state buses run by the two Government owned transport corporations, namely Calcutta State Transport Corporation (CSTC) and West Bengal Transport Corporation (WBSTC). You can read further details here
Ebix Inc. had a pretty Dodgy run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $36.16 on 01/12/22, with the lowest value was $28.85 for the same time period, recorded on 01/10/22.
Ebix Inc. (EBIX) full year performance was -9.32%
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, Ebix Inc. shares are logging -44.18% during the 52-week period from high price, and 59.89% 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 $22.39 and $64.14.
The company’s shares, operating in the sector of Technology managed to top a trading volume set approximately around 781180 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 Ebix Inc. (EBIX) recorded performance in the market was 17.76%, having the revenues showcasing 27.22% 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 1.13B, as it employees total of 9802 workers.
Analysts verdict on Ebix Inc. (EBIX)
During the last month, 1 analysts gave the Ebix 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 30.75, with a change in the price was noted +7.95. In a similar fashion, Ebix Inc. posted a movement of +28.55% for the period of last 100 days, recording 196,058 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 EBIX is recording 1.03 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.98.
Ebix Inc. (EBIX): Technical Analysis
Raw Stochastic average of Ebix Inc. in the period of last 50 days is set at 66.14%. The result represents downgrade in oppose to Raw Stochastic average for the period of the last 20 days, recording 95.68%. In the last 20 days, the company’s Stochastic %K was 77.24% and its Stochastic %D was recorded 68.46%.
Let’s take a glance in the erstwhile performances of Ebix Inc., multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be pessimistic, given the fact the metric is recording 17.76%. Additionally, trading for the stock in the period of the last six months notably improved by 18.35%, alongside a downfall of -9.32% for the period of the last 12 months. The shares increased approximately by 19.17% in the 7-day charts and went down by 20.01% in the period of the last 30 days. Common stock shares were driven by 27.22% during last recorded quarter.