Inspired Entertainment Inc. (NASDAQ:INSE) has a beta of 1.40. The stock’s Relative Strength Index (RSI) is 66.27, with weekly volatility at 10.32% and ATR at 0.84. The INSE stock’s 52-week price range has touched low of $2.38 and a $11.57 high. Its shares traded higher over the last trading session, gaining 1.33% on 05/27/21. The shares fell to a low of $10.88 before closing at $11.40. Intraday shares traded counted 0.65 million, which was -216.47% lower than its 30-day average trading volume of 205.73K. INSE’s previous close was $11.25 while the outstanding shares total 22.59M.
Investors have identified the Electronic Gaming & Multimedia company Inspired Entertainment Inc. 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 $236.32 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.
Inspired Entertainment Inc. (INSE) 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 92.6 million total, with 91.2 million as their total liabilities.
INSE were able to record -4.0 million as free cash flow during the 08/18/2021 quarter of the year, this saw their quarterly net cash flow reduce by -5.9 million. In cash movements, the company had a total of -2.0 million as operating cash flow.
Potential earnings growth for Inspired Entertainment Inc. (INSE)
In order to determine the future investment potential for this stock, we will have to analyze key trends that affect it. During the 08/18/2021 quarter of the year, Inspired Entertainment Inc. recorded a total of 22.8 million in revenue. This figure implies that they witnessed a quarterly year/year change in their earnings with -129.39% coming in sequential stages and their sales for the 08/18/2021 quarter reducing by -214.91%.
What matters though is how it ends. When the core data for the company is broken down, then the stock sounds interesting. The company spent 5.3 million trying to sell their products during the last quarter, with the result yielding a gross income of 17.5 million. This allows shareholders to hold on to 22.59M with the recently reported earning now reading -0.74 cents per share. This is a figure that compared to analyst’s prediction for their 08/18/2021 (-0.69 cents a share).
Is the stock of INSE attractive?
In related news, 10% Owner, Davis Evan Wainhouse sold 208,919 shares of the company’s stock in a transaction that recorded on Apr 19. The sale was performed at an average price of 8.76, for a total value of 1,829,805. As the sale deal closes, the 10% Owner, Davis Evan Wainhouse now sold 5,000 shares of the company’s stock, valued at 48,000. Also, 10% Owner, Davis Evan Wainhouse sold 20,000 shares of the company’s stock in a deal that was recorded on Apr 08. The shares were price at an average price of 9.25 per share, with a total market value of 185,000. Following this completion of acquisition, the 10% Owner, Davis Evan Wainhouse now holds 16,000 shares of the company’s stock, valued at 151,971. In the last 6 months, insiders have changed their ownership in shares of company stock by 0.90%.
2 out of 2 analysts covering the stock have rated it a Buy, while 0 have maintained a Hold recommendation on Inspired Entertainment Inc.. 0 analysts has assigned a Sell rating on the INSE stock. The 12-month mean consensus price target for the company’s shares has been set at $13.50.