Incyte Corp. (NASDAQ: INCY) is 7.96% higher on its value in year-to-date trading and has touched a low of $50.27 and a high of $70.36 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The INCY stock was last observed hovering at around $68.59 in the last trading session, with the day’s loss setting it -0.8%.
Currently trading at $67.79, the stock is 6.85% and 10.86% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.61 million and changing -1.17% at the moment leaves the stock 16.31% off its SMA200. INCY registered 7.45% gain for a year compared to 6-month gain of 12.11%.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The stock witnessed a 11.83% loss in the last 1 month and extending the period to 3 months gives it a 28.98%, and is 3.02% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.64% over the week and 2.86% over the month.
Incyte Corp. (INCY) has around 2524 employees, a market worth around $13.36B and $3.77B in sales. Current P/E ratio is 20.57 and Fwd P/E is 12.55. Profit margin for the company is 19.78%. Distance from 52-week low is 34.85% and -3.65% from its 52-week high. The company has generated returns on investments over the last 12 months (13.75%).
with sales reaching $1.03B over the same period.The EPS is expected to shrink by -25.32% this year, but quarterly earnings will post 10.90% year-over-year. Quarterly sales are estimated to grow 7.40% in year-over-year returns.
Incyte Corp. (INCY) Top Institutional Holders
The shares outstanding are 224.29M, and float is at 193.80M with Short Float at 6.61%.
Incyte Corp. (INCY) Insider Activity
The most recent transaction is an insider sale by Iyengar Vijay K,the company’sEVP, GMAPPS. SEC filings show that Iyengar Vijay K sold 15,571 shares of the company’s common stock on Jul 25 ’24 at a price of $70.00 per share for a total of $1.09 million. Following the sale, the insider now owns 36701.0 shares.
Incyte Corp. disclosed in a document filed with the SEC on Jul 16 ’24 that Flannelly Barry P (EVP & General Manager US) sold a total of 1,306 shares of the company’s common stock. The trade occurred on Jul 16 ’24 and was made at $64.19 per share for $83832.0. Following the transaction, the insider now directly holds 58042.0 shares of the INCY stock.
Still, SEC filings show that on Jul 09 ’24, Flannelly Barry P (EVP & General Manager US) disposed off 8,148 shares at an average price of $60.00 for $0.49 million. The insider now directly holds 50,534 shares of Incyte Corp. (INCY).
