Invesco Ltd. (NYSE:IVZ) saw a downside of -1.35% to close Tuesday at $16.75 after subtracting -$0.23 on the day. The 5-day average trading volume is 3,907,760 shares of the company’s common stock. It has gained $17.14 in the past week and touched a new high 3 times within the past 5 days. An average of 4,629,795 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 4,622,600.
IVZ’s 1-month performance is -3.57% or -$0.17 on its low of $16.12 reached on 07/27/23. The company’s shares have touched a 52-week low of $13.20 and high of $20.56, with the stock’s rally to the 52-week high happening on 02/02/23. YTD, IVZ has lost -6.89% or -$1.24 and has reached a new high 7 times. However, the current price is down -18.53% from the 52-week high price.
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Insider Transactions
IVZ stock investors last saw insider trading activity on Mar 01.FLANAGAN MARTIN L (President & CEO) most recently sold 232,413 shares at $17.43 per share on Mar 01. This transaction cost the insider $4,050,959. 10% Owner, TRIAN FUND MANAGEMENT, L.P., sold 786,378 shares at a price of $18.11 on Jan 30. Then, on Jan 27, 10% Owner TRIAN FUND MANAGEMENT, L.P. sold 2,367,477 shares at a price of $18.42 per share. This transaction amounted to $43,605,849.
Valuation Metrics
IVZ stock has a beta of 1.39. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 1.31 while the price-to-book (PB) in the most recent quarter is 0.68, with the price to cash flow ratio at 12.15.
. In terms of profitability, the gross margin trailing 12 months is 68.40%. The firm’s gross profit as reported stood at $1.32 billion against revenue of $6.05 billion.
Earnings Surprise
Net income and sales went up compared to those figures reported in the previous quarter. Net income grew 8.47% to $132.2 million, while revenue of $145.0 million was -9.68% off the previous quarter. EBITDA for the quarter stood at more than $251.2 million. Shareholders hold equity totaling $448.62 million.
Let’s look briefly at Invesco Ltd. (IVZ) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 08 August was 46.65% to suggest the stock is trending Neutral, with historical volatility in this time period at 28.26%.
The stock’s 5-day moving average is $16.68, reflecting a -0.48% or -$0.08 change from its current price. IVZ is currently trading -4.61% above its 20-day SMA, +4.56% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by +13.95% and SMA200 by+14.41%.
Stochastic %K and %D was 33.54% and 28.67% and the average true range (ATR) pointed at 0.50. The RSI (14) points at 47.97%, while the 14-day stochastic is at 32.14% with the period’s ATR at 0.49. The stock’s 9-day MACD Oscillator is pointing at 0.15 and -0.10 on the 14-day charts.
