Idex Corporation (NYSE:IEX) currently has a daily average trading volume of 532.69K but it saw 1345316 shares traded in last market. With a market cap of 16.55B USD, the company’s current market price of $218.64 came rising about 7.24 while comparing to the previous closing price of $203.88. 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 $206.035 while lowest mark touched by it was $219.09.
Taking a look at 20-day trading activity of Idex Corporation (IEX) gives us an average price of $208.92, while its current price level is -11.25% below from 52-week high level whereas it is 18.98% 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 $206.42 while that of 200 days or SMA-200 reads an average of $214.70. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.38% during that period while stretching the period over a month that decreases to 1.71%. 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 66.53 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 6.73% up while it is 2.87% when we observe its performance for the past one month. Year-to-date it is 0.70% up and over the past year, the stock is showing an upside performance of 14.75%.
Currently, Idex Corporation’s total number of outstanding shares is 75.73M. Company’s return on investment (ROI) stands at 8.32% and return on equity (ROE) at 13.61%. It has a price to earnings ratio (P/E ratio) of 33.83 while having a 25.48 of forward P/E ratio. Stock’s beta reads 0.95. Stock has a price to book (P/B) ratio of 4.54 while price to sale or P/S ratio amounts to 5.18. Its return on asset (ROA) is 7.76% on average.
