The stock price’s performance over the year has been unpredictable, resulting in a mix of pessimistic and optimistic outlooks among investors. Until today this year the stock’s price performance recorded an increase of 16.23%. However, over the last six months, the performance has been weaker by 13.72%. The price of NGVT increased 9.31% over the last 30 days. And in the last five days, it has surged by 12.41%.
Ingevity Corp (NGVT) stock is currently valued at $49.56. During the last session, the stock experienced a remarkable rise, reaching $66.0 after opening at $49.56. The stock briefly dropped to $48.0 before ultimately closing at $40.85.
Ingevity Corp experienced a rather steady stock market performance.
52-week price history of NGVT Stock
Examining the 52-week high and low prices can provide valuable insights into a stock’s current status and future performance. Ingevity Corp’s current trading price is -4.08% away from its 52-week high, while its distance from the 52-week low is 73.96%. The stock’s price range during this time has been between $28.49 and $51.67. The trading volume for the Basic Materials sector company’s shares reached about 1.24 million for the day, which was higher than the average daily volume of 0.24 million over the last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
Ingevity Corp (NGVT) has experienced a quarterly rise of 39.53% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 1.81B and boasts a workforce of 1600 employees.
Ingevity Corp: Analysts’ Ratings Unveiled
As of right now, 2 analysts are rating Ingevity Corp as a BUY, 1 of the polled analysts branded the stock as an OVERWEIGHT, 1 analyst is recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 analyst is rating the stock as SELL.
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 40.85, with a change in price of +4.48. Similarly, Ingevity Corp recorded 256,496 in trading volume during the last 100 days, posting a change of +9.94%.
NGVT’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 NGVT stands at 11.02. Similarly, the long-term debt-to-equity ratio is also 10.24.
NGVT Stock Stochastic Average
Today, Ingevity Corp’s raw stochastic average for the past 50 days stands at 98.30%, indicating a rise from the raw stochastic average of the last 20 days, which was 98.30%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 39.43% and 18.14% respectively.
