The Stock Of The Week: Instructure Holdings Inc. (INST)

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As of Wednesday close, Instructure Holdings Inc.’s (NYSE:INST) stock was up $0.27, moving up 1.15 percent to $23.70. The average number of shares traded per day over the past five days has been 185,860 shares. 2 times new highs have been achieved over the past 5 days, with a $1.01 gain in that time frame. In the last twenty days, the average volume was 236,125, while in the previous 50 days, it was 227,460.

Since last month, INST stock retreated -1.46%. Shares of the company fell to $21.24 on 11/02/22, the lowest level in the past month. A 52-week high of $25.84 was reached on 08/10/22 after having rallying from a 52-week low of $15.68. Since the beginning of this year, INST’s stock price has dropped by -1.17% or -$0.28, and marked a new high 9 times. However, the stock has declined by -8.28% since its 52-week high.


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INST stock investors should be aware that Instructure Holdings Inc. (INST) stock had its last reported insider trading activity 6 days ago on Nov 18. Kaminer Matthew, the Chief Legal Officer of the company, disposed of 4,000 shares for $23.44 on Nov 18. It resulted in a $93,772 divestment by the insider. LOBLE MELISSA J. sold 2,309 shares at an average price of $23.50 on Nov 04. The insider now owns 169,236 shares following the transaction. On Sep 07, LOBLE MELISSA J. sold 958 shares at $23.00 apiece. The transaction was valued at $22,034.

Financial Health

In the three months ended June 29, Instructure Holdings Inc.’s quick ratio stood at 1.00, while its current ratio was 1.00, showing that the company is able to pay off its debt. According to company report, the long-term debt-to-equity ratio for the quarter ending June 29 was 0.38, and the total debt-to-equity ratio was 0.39. On the profitability front, the trailing twelve-month gross margin is 63.30% percent. In the year ended June 29, operating margins totaled -10.40%. Based on annual data, INST earned $235.5 million in gross profit and brought in $405.36 million in revenue.

A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was -2.00%. Return on equity (ROE) for the past 12 months was -3.90%.

In Instructure Holdings Inc.’s quarter-end financial report for June 29, it reported total debt of $487.49 million. According to the earnings report, the company had a higher net income in the recent quarter than it did in the previous quarter. INST’s revenue rose 12.42% to $114.58 million during the quarter, while net income inched up to $122.43 million. While analysts expected Instructure Holdings Inc. to report $0.22 quarterly earnings, the actual figure was $0.25 per share, beating the consensus estimate by 13.60%. During the quarter, the company generated $33.26 million in EBITDA. The liabilities of Instructure Holdings Inc. were 908.11 million at the end of its most recent quarter ended June 29, and its total debt was $519.36 million. The value of shareholders’ equity is $142.5 million.

Technical Picture

This quick technical analysis looks at Instructure Holdings Inc.’s (INST) price momentum. With a historical volatility rate of 34.65%, the RSI 9-day stood at 57.46% on 23 November.

With respect to its five-day moving average, the current Instructure Holdings Inc. price is up by +4.45% percent or $1.01. At present, INST shares trade +1.76% above its 20-day simple moving average and +2.24% percent above its 100-day simple moving average. However, the stock is currently trading approximately +1.67% above its SMA50 and -2.39% below its SMA200.

Stochastic coefficient K was 69.79% and Stochastic coefficient D was 66.30%, while ATR was 1.06. Given the Stochastic reading of 79.78% for the 14-day period, the RSI (14) reading has been calculated as 55.33%. As of today, the MACD Oscillator reading stands at 0.07, while the 14-day reading stands at 0.46.

Analyst Ratings

Citigroup launched its rating on Instructure Holdings Inc. (NYSE: INST) to a Buy in a note to investors on September 01, 2022. Instructure Holdings Inc. (INST) has been rated Buy by analysts. According to 0 brokerage firms, INST is a sell, and 1 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 2 analysts rate Instructure Holdings Inc. stock as buy, with 7 recommending it as overweight.

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