Idex Corporation (NYSE:IEX) currently has a daily average trading volume of 692.34K but it saw 630905 shares traded in last market. With a market cap of 13.95B USD, the company’s current market price of $184.65 came rising about 2.53 while comparing to the previous closing price of $180.09. In past 52 weeks, the stock remained buoying in the range of price level as high as $238.22 and as low as $153.36.
Taking a look at 20-day trading activity of Idex Corporation (IEX) gives us an average price of $172.23, while its current price level is -22.49% below from 52-week high level whereas it is 20.40% 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 $177.96 while that of 200 days or SMA-200 reads an average of $202.33. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.10% during that period while stretching the period over a month that increases to 3.33%. 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 62.37 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 5.36% up while it is 14.02% when we observe its performance for the past one month. Year-to-date it is -11.77% down and over the past year, the stock is showing a downside performance of -16.88%.
Currently, Idex Corporation’s total number of outstanding shares is 75.70M with 0.20% of that held by the insiders while 103.43% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 8.34% and return on equity (ROE) at 12.73%. It has a price to earnings ratio (P/E ratio) of 29.24 while having a 20.68 of forward P/E ratio. Stock’s beta reads 1.06. Stock has a price to book (P/B) ratio of 3.58 while price to sale or P/S ratio amounts to 4.25. Its return on asset (ROA) is 7.55% on average.
