Innovative Solutions And Support Inc (NASDAQ:ISSC) does about 239.23K shares in volume on a normal day but saw 1953248 shares change hands in the recent trading day. The company now has a market cap of 257.90M USD. Its current market price is $14.65, marking an increase of 8.36% compared to the previous close of $13.52. The 52 week high reached by this stock is $14.72 whilst the lowest price level in 52 weeks is $5.25.
Innovative Solutions And Support Inc (ISSC) has a 20-day trading average at $13.46 and the current price is -0.48% off the 52-week high compared with 179.05% distance from its 52-week low. The 50-day simple moving average of the closing price is $11.18 and its 200-day simple moving average is $8.59. If we look at the stock’s price movements over the week, volatility stands at 6.93%, which decreases to 6.01% 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 67.68 to suggest the stock is neutral.
The consensus objective for the share price is $11.15, suggesting that the stock has a potential downside of -31.39% over the period.
FactSet Research has provided data showing that 1 brokerages have issued ratings for the stock. 0 analysts have rated it as a sell, while 0 advise that it is a overweight. 1 analysts have rated it as a buy and 0 have advised that investors hold their positions. The consensus recommendation rating is Buy and Wall Street’s advice is for investors to Strong Buy the stock.
The company shares received a number of brokerage firm price updates over the past month, with the latest being on April 08, 2014 when Singular Research initiated the stock to “Buy” and issued a price target of $10.
The current price level is 8.86%, 31.04%, and 70.53% away from its SMA20, SMA50, and SMA200 respectively, with the ISSC price moving below the 50-day SMA on current market day. Innovative Solutions And Support Inc (ISSC) stock is up 5.70% over the week and 21.58% over the past month. Its price is 168.81% year-to-date and 71.55% over the past year.
To reach the target analysts have set, the stock logically needs to shrink -31.39 percent from here.
Outstanding shares total 17.56M with insiders holding 22.68% of the shares and institutional holders owning 38.37% of the company’s common stock. The company has a return on investment of 13.35% and return on equity of 22.77%. The price to earnings ratio (P/E ratio) amounts to 23.82 while the forward price to earnings ratio is 20.07. The beta has a value of 0.96. Price to book ratio is 4.81 and price to sales ratio is 3.96.
