Idex Corporation (NYSE:IEX) currently has a daily average trading volume of 506.75K but it saw 557444 shares traded in last market. With a market cap of 14.90B USD, the company’s current market price of $196.77 came falling about -1.81 while comparing to the previous closing price of $200.39. In past 52 weeks, the stock remained buoying in the range of price level as high as $246.36 and as low as $183.76. In the recent trading on the day, stock has struck highest price mark of $195.8 while lowest mark touched by it was $200.69.
Taking a look at 20-day trading activity of Idex Corporation (IEX) gives us an average price of $199.28, while its current price level is -20.13% below from 52-week high level whereas it is 7.08% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $200.16 while that of 200 days or SMA-200 reads an average of $214.68. A closer look into the stock’s movement over the week reveals that its volatility is standing at 1.76% during that period while stretching the period over a month that decreases to 1.62%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 43.30 which implies that the stock is in neutral territory.
Stifel upgraded its recommendation for the stock as a “Buy” from “Hold” on February 08, 2024 while assigning a price target range of $215-$265. Exane BNP Paribas issued its recommendations for the stock as it initiated the price target for the stock is $200.
Over the week, IEX’s stock price is moving -3.15% down while it is 2.42% when we observe its performance for the past one month. Year-to-date it is -9.37% down and over the past year, the stock is showing a downside performance of -11.68%.
Currently, Idex Corporation’s total number of outstanding shares is 75.73M. Company’s return on investment (ROI) stands at 11.72% and return on equity (ROE) at 16.74%. It has a price to earnings ratio (P/E ratio) of 25.73 while having a 22.89 of forward P/E ratio. Stock’s beta reads 0.95. Stock has a price to book (P/B) ratio of 4.09 while price to sale or P/S ratio amounts to 4.67. Its return on asset (ROA) is 9.99% on average.
