Bickerstaff George, Director, added 10,000 shares of Innoviva, Inc. (INVA) to its portfolio at the rate of $14.90 per share valuing $148,958 on Feb 21. The insider has now 38,762 shares of the company to its portfolio. Currently, the 1st Resistance Point for this stock is $13.11, with a 2nd Resistance Point sitting at $13.26. Meanwhile, this company’s stock has a 1st Support Level at $12.74 and a 2nd Support Level at $12.51. Before making a move on any particular stock, readers often pay close attention to support and resistance markers. The last reported price for shares of Innoviva, Inc. (INVA) was $12.97. Innoviva, Inc. (INVA) stock has gained $0.09, or 1.81%, in the past five days. In the last full month, these shares have gained $1.03, or 8.63%. In the past three months, this stock’s price has risen by $1.89, or 17.06%. This year-to-date, Innoviva, Inc. (INVA) shares have lost -$4.48, or -25.67%.
Analyzing price projection indicators is a helpful way to determine whether a potential stock buy is a wise choice for profits in the short term, medium term, and long term. For Innoviva, Inc. (INVA) stock, 50% of short-term indicators suggest that these shares are a “ Buy .” Meanwhile, 50% of medium-term indicators point to this stock being a “ Sell .” Looking further ahead, 50% of long-term indicators suggest that this stock is a “ Buy .”
With 101,279 K shares outstanding, this company currently has a market capitalization of $1,304,473K. Innoviva, Inc. (INVA) generates $261,000 K in annual sales, amounting to annual net income of $395,060 K. This stock has generated a 1-Year Total Return of -28.42%, a 3-Year Total Return of 19.04%, and a 5-year Total Return of -3.81%. This stock’s 5-Year Dividend Growth is 0.00%, with its most recent dividend valued at $0.250 per share on 09/08/15. Its Annual Dividend Yield is 0.00%, and its Annual Dividend Rate is 0.00.
In the most recently-reported fiscal quarter, which ended in 09/19, Innoviva, Inc. (INVA) reported earnings of $0.36 per share. Wall Street analysts, on average, were expecting the company to report earnings of $0.40 per share, representing a -0.04 difference and -10.00% surprise. In the previous quarter ending in 06/19, the reported earnings of $0.34 represented a -0.08 difference from the consensus estimate calling for $0.42 per share, which was a -19.05% surprise.
For the current fiscal quarter, which is set to end in 12/2019, the average earnings estimate is $0.60 per share. This estimate came from a total of 1 Wall Street Analysts. Of those market experts, the high estimate was $0.60 and the low estimate was $0.60. In the year-ago quarter, Innoviva, Inc. (INVA) generated per-share earnings of $2.34. If the analysts are correct about the current quarter’s earnings, the growth will be -74.36%.
Turning our focus now to insider trading activity, there have been 1 purchases (3,000 shares in total) and 1 sale (602 shares in total) in the last 3 months. In the last 6 months, there have been 1 insider buys amounting to 3,000 shares and 2 insider sales amounting to 1,202 shares. In the past full year, 12 insider purchases were made (involving 148,826 shares) and 6 insider sell-offs equivalent to 11,866 shares.
Moving onto liquidity, Innoviva, Inc. (INVA) has a Current Ratio of 34.92, a Quick Ratio of 34.92 and a Cash Ratio of 20.16. Looking at this company’s capital structure, its Total Debt to Total Equity is 249.28, its Total Debt to Total Capital is 71.37, and its Total Debt to Total Assets is now 69.84. Looking even further ahead into the future, its Long-Term Debt to Equity is 10.18 and its Long-Term Debt to Total Capital is 249.28.