Inspired Entertainment Inc [INSE] stock prices are up 0.70% to $8.61 at the moment. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The INSE shares have gain 8.30% over the last week, with a monthly amount glided 5.64%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
On January 17, 2024, downgrade downgraded it’s rating to Neutral. JMP Securities started tracking the stock assigning a Mkt Outperform rating and suggested a price target of $18 on November 15, 2022. Truist started tracking with a Buy rating for this stock on July 23, 2021, and assigned it a price target of $18. In a note dated June 01, 2021, B. Riley Securities initiated an Buy rating and provided a target price of $30 on this stock.
The stock price of Inspired Entertainment Inc [INSE] has been fluctuating between $6.51 and $11.61 over the past year. Currently, Wall Street analysts expect the stock to reach $18 within the next 12 months. Inspired Entertainment Inc [NASDAQ: INSE] shares were valued at $8.61 at the most recent close of the market. An investor can expect a potential return of 109.06% based on the average INSE price forecast.
Analyzing the INSE fundamentals
The Inspired Entertainment Inc [NASDAQ:INSE] reported sales of 297.00M for trailing twelve months, representing a drop of -4.28%. Gross Profit Margin for this corporation currently stands at 0.71% with Operating Profit Margin at 0.11%, Pretax Profit Margin comes in at 0.02%, and Net Profit Margin reading is 0.24%. To continue investigating profitability, this company’s Return on Assets is posted at 0.15, Equity is -1.75 and Total Capital is 0.1. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of-163.86.
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 8.46 points at the first support level, and at 8.32 for the second support level. However, for the 1st resistance point, the stock is sitting at 8.79, and for the 2nd resistance point, it is at 8.97.
Ratios To Look Out For
It’s worth pointing out that Inspired Entertainment Inc [NASDAQ:INSE]’s Current Ratio is 1.43. Also, the Quick Ratio is 1.16, while the Cash Ratio stands at 0.34. Considering the valuation of this stock, the price to sales ratio is 0.78 and price to earnings (TTM) ratio is 3.43.
