Can Buying Intapp Inc (NASDAQ: INTA) Still Be Worthwhile?

Intapp Inc (NASDAQ:INTA) does about 698.79K shares in volume on a normal day but saw 1629893 shares change hands in Monday’s trading. The company now has a market cap of 2.69B USD. Its current market price is $36.63, marking a decrease of -2.94% compared to the previous close of $37.74. The 52 week high reached by this stock is $50.46 whilst the lowest price level in 52 weeks is $30.36.

Intapp Inc (INTA) has a 20-day trading average at $32.47 and the current price is -27.41% off the 52-week high compared with 20.65% distance from its 52-week low. The 50-day simple moving average of the closing price is $33.23 and its 200-day simple moving average is $36.51. If we look at the stock’s price movements over the week, volatility stands at 4.85%, which decreases to 3.37% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 68.11 to suggest the stock is neutral.

The consensus objective for the share price is $47.38, suggesting that the stock has a potential upside of 22.69% over the period.

The company shares received a number of brokerage firm price updates over the past month, with the latest being on January 23, 2024 when Citigroup initiated the stock to “Buy” and issued a price target of $57. Barclays initiated its price target at $43.

Intapp Inc (INTA) stock is up 13.65% over the week and 16.84% over the past month. Its price is -3.66% year-to-date and -17.41% over the past year.

To reach the target analysts have set, the stock logically needs to grow 22.69 percent from here.

The company has a return on investment of -10.56% and return on equity of -13.18%. The forward price to earnings ratio is 62.86. The beta has a value of 0.62. Price to book ratio is 6.96 and price to sales ratio is 6.55.