Adeia Inc [ADEA] stock prices are up 9.85% to $14.05 at the moment. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The ADEA shares have gain 10.80% over the last week, with a monthly amount glided 20.39%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Adeia Inc [NASDAQ: ADEA] stock has seen the most recent analyst activity on February 23, 2024, when Rosenblatt initiated its Buy rating and assigned the stock a price target of $15.
The stock price of Adeia Inc [ADEA] has been fluctuating between $8.84 and $13.39 over the past year. Adeia Inc [NASDAQ: ADEA] shares were valued at $14.05 at the most recent close of the market.
Analyzing the ADEA fundamentals
The Adeia Inc [NASDAQ:ADEA] reported sales of 359.02M for trailing twelve months, representing a surge of 4.97%. Gross Profit Margin for this corporation currently stands at 0.75% with Operating Profit Margin at 0.32%, Pretax Profit Margin comes in at 0.15%, and Net Profit Margin reading is 0.13%. To continue investigating profitability, this company’s Return on Assets is posted at 0.04, Equity is 0.13 and Total Capital is 0.11. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.49.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 13.25 points at the first support level, and at 12.45 for the second support level. However, for the 1st resistance point, the stock is sitting at 14.52, and for the 2nd resistance point, it is at 14.99.
Ratios To Look Out For
It’s worth pointing out that Adeia Inc [NASDAQ:ADEA]’s Current Ratio is 3.00. In addition, the Quick Ratio stands at 3.00 and the Cash Ratio stands at 0.91. Considering the valuation of this stock, the price to sales ratio is 4.26, the price to book ratio is 4.26 and price to earnings (TTM) ratio is 34.30.
Transactions by insiders
Recent insider trading involved Kokes Mark, Chief Licensing Officer, Media, that happened on Nov 20 ’23 when 20487.0 shares were sold.