IEC Electronics Corp. (NASDAQ:IEC) has a beta of 1.11, a 12-month trailing P/E ratio of 20.43. The stock’s Relative Strength Index (RSI) is 40.67, with weekly volatility at 6.15% and ATR at 0.94. The IEC stock’s 52-week price range has touched low of $5.00 and a $17.98 high. Its shares traded higher over the last trading session, gaining 0.83% on 02/18/21. The shares fell to a low of $12.9124 before closing at $13.36. Intraday shares traded counted 0.15 million, which was 40.53% higher than its 30-day average trading volume of 251.57K. IEC’s previous close was $13.25 while the outstanding shares total 10.53M.
Investors have identified the Electronic Components company IEC Electronics Corp. as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around $142.82 million, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.
IEC Electronics Corp. (IEC) Fundamentals that are to be considered.
When analyzing a stock, the first fundamental thing to take into account is the balance sheet. How healthy the balance sheet of a company is will determine if the company will be able to carry out all its financial and non-financial obligations and also keep the faith of its investors. In terms of their assets, the company currently has 98.11 million total, with 52.47 million as their total liabilities.
Is the stock of IEC attractive?
In related news, Director, Nowak Jeremy R bought 7,500 shares of the company’s stock in a transaction that recorded on May 19. The purchase was performed at an average price of 7.57, for a total value of 56,775. In the last 6 months, insiders have changed their ownership in shares of company stock by 0.90%.
1 out of 1 analysts covering the stock have rated it a Buy, while 0 have maintained a Hold recommendation on IEC Electronics Corp.. 0 analysts has assigned a Sell rating on the IEC stock. The 12-month mean consensus price target for the company’s shares has been set at $14.25.