The stock price performance for the year has been a mixed bag, indicating either a pessimistic or optimistic outlook depending on how you look at it. Year to date metric has recorded a loss of -5.60%.However, over the last six months, we can see a weaker performance of 2.79%. Over the last 30 days, the price of IEX has leaped by -4.56%. And in the last five days, it has fallen by -9.73%.
Idex Corporation experienced a rather shaky stock market performance. The highest value in the past year was recorded at $246.36 on 03/22/24 and the lowest value was $189.51 on 08/05/24.
52-week price history of IEX Stock
Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. Idex Corporation’s current trading price is -19.80% away from its 52-week high, while its distance from the 52-week low is 4.26%. The stock’s price range during this period has varied between$189.51 and $246.36. The Idex Corporation’s shares, which operate in the Industrials, saw a trading volume of around 1.48 million for the day, a figure considerably higher than their average daily volume of 0.53 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
Idex Corporation (IEX) has experienced a quarterly decline of -8.55% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 14.96B and boasts a workforce of 8800 employees.
Combining Moving Average and Trading Volume Data for Better Market Insight
Based on Barchart.com data, the company’s moving average over the 100-day period was 216.54, with a change in price of +0.45. Similarly, Idex Corporation recorded 559,246 in trading volume during the last 100 days, posting a change of +0.23%.
IEX’s Debt-to-Equity Ratio Cause for Concern? An In-Depth Look
The debt-to-equity (D/E) ratio is a significant metric that provides insights into a company’s financial state and market presence. By dividing a company’s current liabilities by its shareholders’ equity, the D/E ratio depicts the extent of debt used by a company to fund its assets relative to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for IEX stands at 0.52. Similarly, the long-term debt-to-equity ratio is also 0.49.
IEX Stock Stochastic Average
Idex Corporation’s raw stochastic average for the past 50 days is presently 4.26%, as of today. This marks a decrease from the raw stochastic average of the last 20 days, which was 5.85%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 46.25% and 68.39%, respectively.
