A share price of Ingles Markets, Inc [IMKTA] is currently trading at $61.15, up 0.48%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The IMKTA shares have gain 1.56% over the last week, with a monthly amount drifted -1.34%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Ingles Markets, Inc experienced fluctuations in its stock price throughout the past year between $58.92 and $82.01. Ingles Markets, Inc [NASDAQ: IMKTA] shares were valued at $61.15 at the most recent close of the market.
Analyzing the IMKTA fundamentals
Trailing Twelve Months sales for Ingles Markets, Inc [NASDAQ:IMKTA] were 5.41B which represents -2.65% decline. Gross Profit Margin for this corporation currently stands at 0.23% with Operating Profit Margin at 0.02%, Pretax Profit Margin comes in at 0.01%, and Net Profit Margin reading is 0.01%. To continue investigating profitability, this company’s Return on Assets is posted at 0.02, Equity is 0.04 and Total Capital is 0.04. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.35.
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 60.77 points at the first support level, and at 60.39 for the second support level. However, for the 1st resistance point, the stock is sitting at 61.56, and for the 2nd resistance point, it is at 61.97.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Ingles Markets, Inc [NASDAQ:IMKTA] is 3.19. Further, the Quick Ratio stands at 1.46, while the Cash Ratio is 1.04. Considering the valuation of this stock, the price to sales ratio is 0.21, the price to book ratio is 0.72 and price to earnings (TTM) ratio is 18.76.
Transactions by insiders
Recent insider trading involved Ingle Sharp Laura, Director, that happened on Jun 27 ’24 when 5901.0 shares were sold. Director, Ingle Sharp Laura completed a deal on Jun 24 ’24 to sell 4799.0 shares.
