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Intercontinental Exchange Inc. (ICE) is set for a tempting yields with an average volume of 2.57M

At the end of the latest market close, Intercontinental Exchange Inc. (ICE) was valued at $98.85. In that particular session, Stock kicked-off at the price of $96.98 while reaching the peak value of $98.555 and lowest value recorded on the day was $96.73. The stock current value is $97.52.Recently in News on March 15, 2023, ICE Reports Record Levels of Trading Activity on March 13 as Markets Manage Risk. Intercontinental Exchange, Inc. (NYSE:ICE), a leading global provider of data, technology, and market infrastructure, today announced record levels of trading activity across its futures and options markets. You can read further details here

Intercontinental Exchange 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 $137.40 on 03/18/22, with the lowest value was $88.60 for the same time period, recorded on 10/13/22.

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Intercontinental Exchange Inc. (ICE) full year performance was -22.74%

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, Intercontinental Exchange Inc. shares are logging -29.02% during the 52-week period from high price, and 10.07% 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 $88.60 and $137.40.

The company’s shares, operating in the sector of Financial managed to top a trading volume set approximately around 4260737 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 Intercontinental Exchange Inc. (ICE) recorded performance in the market was -4.94%, having the revenues showcasing -7.35% 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 57.19B, as it employees total of 8911 workers.

Specialists analysis on Intercontinental Exchange Inc. (ICE)

During the last month, 10 analysts gave the Intercontinental Exchange Inc. a BUY rating, 3 of the polled analysts branded the stock as an OVERWEIGHT, 4 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 103.45, with a change in the price was noted +5.89. In a similar fashion, Intercontinental Exchange Inc. posted a movement of +6.43% for the period of last 100 days, recording 2,539,544 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 ICE is recording 0.80 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.80.

Trends and Technical analysis: Intercontinental Exchange Inc. (ICE)

Raw Stochastic average of Intercontinental Exchange Inc. in the period of last 50 days is set at 19.62%. The result represents downgrade in oppose to Raw Stochastic average for the period of the last 20 days, recording 22.26%. In the last 20 days, the company’s Stochastic %K was 24.62% and its Stochastic %D was recorded 17.95%.

Now, considering the stocks previous presentation, 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 -4.94%. Additionally, trading for the stock in the period of the last six months notably deteriorated by -2.34%, alongside a downfall of -22.74% for the period of the last 12 months. The shares increased approximately by -4.96% in the 7-day charts and went up by -10.69% in the period of the last 30 days. Common stock shares were lifted by -7.35% during last recorded quarter.

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