India Globalization Capital, Inc. [IGC] is following upward trend in the market concluded with the last trading session. The shares of the Healthcare sector company has a current value of $1.26 after IGC shares went up by 48.22% during the last trading session. One of the reasons why Healthcare stocks may go bullish is increased momentum in the press.
India Globalization Capital, Inc. [NYSE:IGC]: Analyst Rating and Earnings
Stock traders often pay close attention what Wall Street analysts have to say about a potential investment. Its stock price has been found in the range of 0.25 to 14.58. This is compared to its latest closing price of $0.85.
Keep an eye out for the next scheduled publication date for this company’s financial results, which are expected to be released on Thu 20 Jun (In 5 Days).
Fundamental Analysis of India Globalization Capital, Inc. [IGC]
Now let’s turn to look at profitability: with a current Operating Margin for India Globalization Capital, Inc. [IGC] sitting at -81.59 and its Gross Margin at +3.72, this company’s Net Margin is now -65.60%. These metrics indicate that this company is not generating as much profit, after accounting for expenses, compared to its market peers.
This company’s Return on Total Capital is -17.64, and its Return on Invested Capital has reached -17.40%. Its Return on Equity is -23.16, and its Return on Assets is -16.14. These metrics suggest that this India Globalization Capital, Inc. does a poor job of managing its assets, and likely won’t be able to provide successful business outcomes for its investors in the near term.
Turning to investigate this organization’s capital structure, India Globalization Capital, Inc. [IGC] has generated a Total Debt to Total Equity ratio of 27.62. Similarly, its Total Debt to Total Capital is 21.64, while its Total Debt to Total Assets stands at 20.52. Looking toward the future, this publicly-traded company’s Long-Term Debt to Equity is 5.30, and its Long-Term Debt to Total Capital is 4.15. This company has a healthy balance between its debt and its current holdings, suggesting it is a reliable investment due to its ability to leverage debt in an efficient way.
What about valuation? This company’s Enterprise Value to EBITDA is -28.51. The Enterprise Value to Sales for this firm is now 10.70, and its Total Debt to Enterprise Value stands at 0.14. India Globalization Capital, Inc. [IGC] has a Price to Book Ratio of 2.14.
Shifting the focus to workforce efficiency, India Globalization Capital, Inc. [IGC] earns $84,330 for each employee under its payroll. Similarly, this company’s Receivables Turnover is 3.08 and its Total Asset Turnover is 0.20. This publicly-traded organization’s liquidity data is also interesting: its Quick Ratio is 1.03 and its Current Ratio is 1.37. This company, considering these metrics, has a healthy ratio between its short-term liquid assets and its short-term liabilities, making it a less risky investment.
India Globalization Capital, Inc. [IGC] has 40.00M shares outstanding, amounting to a total market cap of $50.40M. Its stock price has been found in the range of 0.25 to 14.58. At its current price, it has moved down by -91.36% from its 52-week high, and it has moved up 404.00% from its 52-week low.
This stock’s Beta value is currently 6.37, which indicates that it is 12.56% more volatile that the wider market. This stock’s Relative Strength Index (RSI) is at 57.30. This RSI score is good, suggesting this stock is neither overbought or oversold.
Conclusion: Is India Globalization Capital, Inc. [IGC] a Reliable Buy?
India Globalization Capital, Inc. [IGC] stock is presenting a less attractive investment opportunity when compared to similarly-sized corporations in the same industry. The price performance of these shares has not shown much promise, and the financial results that this company has recently delivered present a highly risky investment.