India Globalization Capital, Inc. (NYSE:IGC) has a beta value of 4.94 and has seen 788,227 shares traded in the last trading session. The company, currently valued at $52.32 Million, closed the last trade at $1.27 per share which meant it lost -$0.03 on the day or -2.31% during that session. The IGC stock price is -254.33% off its 52-week high price of $4.5 and 79.53% above the 52-week low of $0.26. If we look at the company’s 10-day average daily trading volume, we find that it stood at 4.52 Million shares traded. The 3-month trading volume is 13.07 Million shares.
The consensus among analysts is that India Globalization Capital, Inc. (IGC) is a 0 stock at the moment, with a recommendation rating of 0. None of the analysts rate the stock as a Sell, while none rate it as Overweight. None out of 0 have rated it as a Hold, with no one of them advising it as a Buy. None have rated the stock as Underweight. The expected earnings per share for the stock is $0.
India Globalization Capital, Inc. (NYSE:IGC) trade information
Despite being -2.31% in the red today, the stock has traded in the green over the last five days, with the highest price hit on Monday, Oct 12 when the IGC stock price touched $1.6222 or saw a rise of 21.71%. Year-to-date, India Globalization Capital, Inc. shares have moved 101.59%, while the 5-day performance has seen it change -18.06%. Over the past 30 days, the shares of India Globalization Capital, Inc. (NYSE:IGC) have changed 4.96%. Short interest in the company has seen 1.95 Million shares shorted with days to cover at 0.15.
Wall Street analysts have a consensus price target for the stock at $3.05, which means that the shares’ value could jump 140.16% from current levels. The projected low price target is $3.05 while the price target rests at a high of $3.05. In that case, then, we find that the current price level is +140.16% off the targeted high while a plunge would see the stock lose 140.16% from current levels.
India Globalization Capital, Inc. (IGC) estimates and forecasts
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was +9.9% over the past 5 years. Earnings growth for 2020 is a modest -60%.