It appears IGC stock is being boosted by a patent issued to the company for its cannabis-derived Alzheimer’s treatment. Alzheimer’s disease is a hot topic among biotech and pharmaceutical companies.
Full Answer
What is the price of IGC stock?
Jul 22, 2021 · The company appears to be taking a leap further into the world of biotech with its newest announcement. It appears IGC stock is being …
Is IGC stock taking a big leap into the Biotech world?
Apr 17, 2022 · India Globalization Capital's mailing address is 4336 Montgomery Ave, BETHESDA, MD 20814-4443, United States. The construction company can be reached via phone at (301) 983-0998, via email at [email protected], or via fax at 240-465-0273. This page was last updated on 5/8/2022 by MarketBeat.com Staff.
What is the IGC stock price prognosis for 2024-09-11?
IGC Growth Metrics. Its 5 year revenue growth rate is now at -36.04%. Its year over year price growth rate is now at 190.09%. Its year over year net cashflow from operations growth rate is now at -24.47%. Over the past 70 months, IGC's revenue has gone down $6,010,550. The table below shows IGC's growth in key financial areas (numbers in ...
What will IGC’s price target be in 14 days?
Jul 22, 2021 · In the current trading session, India Globalization Capital Inc. ( IGC) stock is racking up the prices of its shares by up to 141.89% to trade at the price of $3.58 at the last check. IGC stock previously closed the session at $1.48. The IGC …
What stocks does MarketBeat like better than India Globalization Capital?
Wall Street analysts have given India Globalization Capital a "N/A" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but India Globalization Capital wasn't one of them.
Are investors shorting India Globalization Capital?
India Globalization Capital saw a decrease in short interest in the month of August. As of August 13th, there was short interest totaling 2,670,000 shares, a decrease of 16.0% from the July 29th total of 3,180,000 shares. Based on an average daily volume of 7,660,000 shares, the short-interest ratio is currently 0.3 days.
When is India Globalization Capital's next earnings date?
India Globalization Capital is scheduled to release its next quarterly earnings announcement on Friday, November 19th 2021.#N#View our earnings forecast for India Globalization Capital.
How were India Globalization Capital's earnings last quarter?
India Globalization Capital, Inc. (NYSEAMERICAN:IGC) released its earnings results on Monday, February, 10th. The construction company reported ($0.04) earnings per share (EPS) for the quarter. The construction company had revenue of $0.57 million for the quarter.
Who are some of India Globalization Capital's key competitors?
Some companies that are related to India Globalization Capital include VOXX International (VOXX), Orbital Energy Group (OEG), Richardson Electronics (RELL), EACO (EACO), TESSCO Technologies (TESS), Taitron Components (TAIT), Simply (SIMP), Surge Components (SPRS), Universal Security Instruments (UUU), Simply (AWSM), Simply (AWSMD), Bell Industries (BLLI), CLST (CLHI), Enterra (ETER) and Jaco Electronics (JACO).#N#View all of IGC's competitors..
What other stocks do shareholders of India Globalization Capital own?
Based on aggregate information from My MarketBeat watchlists, some companies that other India Globalization Capital investors own include GW Pharmaceuticals (GWPH), (CGC), Alibaba Group (BABA), Tilray (TLRY), Cronos Group (CRON), Micron Technology (MU), NewAge (NBEV), Advanced Micro Devices (AMD), Ford Motor (F) and NIO (NIO).
What is India Globalization Capital's stock symbol?
India Globalization Capital trades on the New York Stock Exchange (NYSE)AMERICAN under the ticker symbol "IGC."
Signals & Forecast
Furthermore, there is a buy signal from the 3 months Moving Average Convergence Divergence (MACD). Some negative signals were issued as well, and these may have some influence on the near short-term development.
Support, Risk & Stop-loss
India Globalization Capital Inc finds support from accumulated volume at $1.58 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
Is India Globalization Capital Inc stock A Buy?
The India Globalization Capital Inc stock holds several negative signals and despite the positive trend, we believe India Globalization Capital Inc will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.
IGC POWR Grades
IGC scores best on the Momentum dimension, with a Momentum rank ahead of 89.78% of US stocks.
IGC Stock Summary
India Globalization Capital Inc's capital turnover -- a measure of revenue relative to shareholder's equity -- is better than merely 7.01% of US listed stocks.
IGC Valuation Summary
In comparison to the median Industrials stock, IGC's EV/EBIT ratio is 133.64% lower, now standing at -7.2.
IGC Growth Metrics
The 5 year net income to common stockholders growth rate now stands at -108.12%.
What Is Driving The India Globalization (IGC) Stock Up In Premarket Session?
India Globalization Capital Inc. (IGC) stock was up more than 2.6% in pre-market trading at $1.93 at the last check. Last session, IGC stock closed
41 Stocks Making Sharp Moves in Pre Market Session
NanoVibronix Inc. (NASDAQ: NAOV) shares are trading down -4.55% at $1.05 at the time of writing after announcing $6.0 million private placement. Company’s 52-week ranged
Recent financial results announcement
On June 14, 2021, India Globalization Capital, Inc. released its financial results for the Fiscal Year Ended March 31, 2021.
FY 2021 financial highlights
India Globalization Capital reported revenue of approximately $898 thousand for FY 2021 compared to $4.1 million for Fiscal 2020.
Q3 2021 financial results
On February 12, 2021, India Globalization Capital, Inc released its financial results for the quarter ended December 31, 2020, which is the third quarter of its 2021 fiscal year.
Conclusion
The IGC stock skyrocketed after the company announced the completion of Cohort 3 of its Phase 1 clinical trial which is positive news and we can expect that IGC stock can further go up in the coming days.
What Is Driving The India Globalization (IGC) Stock Up In Premarket Session?
India Globalization Capital Inc. (IGC) stock was up more than 2.6% in pre-market trading at $1.93 at the last check. Last session, IGC stock closed
41 Stocks Making Sharp Moves in Pre Market Session
NanoVibronix Inc. (NASDAQ: NAOV) shares are trading down -4.55% at $1.05 at the time of writing after announcing $6.0 million private placement. Company’s 52-week ranged
