Putting The Spotlight On Ingles Markets, Inc (IMKTA)

Ingles Markets, Inc (NASDAQ:IMKTA) currently has a daily average trading volume of 141.33K but it saw 103591 shares traded in last market. With a market cap of 1.19B USD, the company’s current market price of $63.99 came rising about 1.01 while comparing to the previous closing price of $63.35. In past 52 weeks, the stock remained buoying in the range of price level as high as $88.78 and as low as $59.73. In the recent trading on the day, stock has struck highest price mark of $62.13 while lowest mark touched by it was $64.01.

Taking a look at 20-day trading activity of Ingles Markets, Inc (IMKTA) gives us an average price of $66.39, while its current price level is -27.92% below from 52-week high level whereas it is 7.13% 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 $68.53 while that of 200 days or SMA-200 reads an average of $70.98. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.40% during that period while stretching the period over a month that increases to 2.59%. 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 36.46 which implies that the stock is in neutral territory.

Over the week, IMKTA’s stock price is moving -0.70% down while it is -8.10% when we observe its performance for the past one month. Year-to-date it is -0.70% down and over the past year, the stock is showing a downside performance of -26.89%.

Currently, Ingles Markets, Inc’s total number of outstanding shares is 14.54M. Company’s return on investment (ROI) stands at 5.06% and return on equity (ROE) at 7.02%. It has a price to earnings ratio (P/E ratio) of 11.52. Stock’s beta reads 0.75. Stock has a price to book (P/B) ratio of 0.77 while price to sale or P/S ratio amounts to 0.21. Its return on asset (ROA) is 4.18% on average.