Inter & Co Inc. (NASDAQ:INTR) currently has a daily average trading volume of 381.87K but it saw 2079214 shares traded on Thursday. With a market cap of 1.04B USD, stock’s current market price of $2.46 came rising about 7.42 while comparing to the previous closing price of $2.29. In past 52 weeks, the stock remained buoying in the range of price level as high as $4.63 and as low as $1.37. In the recent trading on the day, stock has struck highest price mark of $2.54 while lowest mark touched by it was $2.3805.
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Taking a look at 20-day trading activity of Inter & Co Inc. (INTR) gives us an average price of $2.12, while its current price level is -46.87% below from 52-week high level whereas it is 79.56% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $1.86 while that of 200 days or SMA-200 reads an average of $2.54. A closer look into the stock’s movement over the week reveals that its volatility is standing at 7.57% during that period while stretching the period over a month that increases to 7.68%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 66.69 which implies that the stock is in neutral territory.
Inter & Co Inc. (INTR)’s stock is currently under the radar of 13 analysts who are in consensus at a 12-month price target range of between $2.50 and $4.50 for company’s shares. The average price target assigned by the average number of analysts to a stock is a way to gauge worth of any stock in next 52 weeks. And in assigning price target to a stock, some analysts adopt a bearish approach by advocating lower-than-average price target which in this case is $2.50 while some adopt bullish approach by assigning higher-than-average price target which reads the price to top $4.50. Average price target assigned by them is $3.14 which highlights an upside potential of 21.66% for the stock over that period. And to attain the median price target of $3.00 assigned by those analysts, stock has to add about 18.0% of value to its current levels.
Data by FactSet Research shows that 13 analysts have issued their ratings for the stock. 2 of them are in opinions that stock is a Sell, while 0 are advising it as an Overweight. 8 analysts suggested the investors to Buy the stock while 3 advised them to Hold. Recommendations by all of those brokerages imply a consensus rating of Overweight for the stock and that issued by Wall Street to investors is Moderate Buy.
Over the week, INTR’s stock price is moving -2.38% down while it is 52.80% when we observe its performance for the past one month. Year-to-date it is 3.80% up and over the past year.
The latest quarterly earnings report issued by the company was for quarter ended 3/30/2023, when its quarterly earnings per share (EPS) of $0.01 beat the consensus estimate of $0.01 for the same. For INTR, analysts are forecasting an EPS-growth rate of 1,400.00% for current year and estimate for EPS growth in next year is 123.10%. In next quarter, company is expected to be making quarterly sales of $239.85 million as analysts are expecting the sales for current fiscal year at $990.79 million and seeing the company making $1.24 billion in sales next year. Moreover, analysts are in estimates of $226.39 million for current-quarter revenue.
Currently, Inter & Co Inc.’s total number of outstanding shares is 403.77M with 28.51% of that held by the insiders while 7.72% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 13.90% and return on equity (ROE) at -0.20%. It has a 1.71 of forward P/E ratio. Stock has a price to book (P/B) ratio of 0.70 while price to sale or P/S ratio amounts to 1.85. Its return on asset (ROA) is 0.00% on average.
As per SEC documents, Government Pension Fund – Global shunned 2,453,488 of company’s common stock of worth $4.29 million as per recent closing price of the stock. Government Pension Fund – Global is not the only institutional holder which restructured its stake in Inter & Co Inc., as BlackRock Global Funds – World Fi dumped 1,523,406 shares of worth $2.67 million to bring its holdings to a total of 65084.0 shares. In the most recent quarter, BlackRock Global Funds – FinTech came cutting its stake by -1.19% in the company and now holds 1.42 million or 0.50% of the company’s stake having worth of about 2.49 million.
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