Innovative Solutions and Support (NASDAQ:ISSC - Get Free Report) is projected to post its quarterly earnings results after the market closes on Thursday, February 13th. Analysts expect Innovative Solutions and Support to post earnings of $0.15 per share and revenue of $13.89 million for the quarter. Investors that are interested in registering for the company's conference call can do so using this link.
Innovative Solutions and Support (NASDAQ:ISSC - Get Free Report) last issued its quarterly earnings data on Thursday, December 19th. The aerospace company reported $0.21 earnings per share for the quarter. Innovative Solutions and Support had a net margin of 14.83% and a return on equity of 18.32%.
Innovative Solutions and Support Stock Performance
ISSC stock traded down $0.24 on Friday, hitting $11.03. The company had a trading volume of 119,157 shares, compared to its average volume of 267,534. The stock has a market cap of $193.46 million, a price-to-earnings ratio of 27.58 and a beta of 1.03. The company has a current ratio of 4.77, a quick ratio of 3.02 and a debt-to-equity ratio of 0.60. The stock's 50-day simple moving average is $9.16 and its 200 day simple moving average is $7.71. Innovative Solutions and Support has a 12-month low of $4.91 and a 12-month high of $12.17.
Wall Street Analyst Weigh In
Separately, StockNews.com lowered Innovative Solutions and Support from a "buy" rating to a "hold" rating in a report on Monday, February 3rd.
View Our Latest Analysis on ISSC
Insider Buying and Selling at Innovative Solutions and Support
In other news, major shareholder Christopher Harborne sold 98,600 shares of the business's stock in a transaction on Tuesday, January 21st. The shares were sold at an average price of $10.82, for a total transaction of $1,066,852.00. Following the completion of the sale, the insider now owns 2,501,169 shares of the company's stock, valued at $27,062,648.58. The trade was a 3.79 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Insiders sold a total of 263,623 shares of company stock worth $2,911,665 in the last three months. 3.70% of the stock is currently owned by company insiders.
About Innovative Solutions and Support
(
Get Free Report)
Innovative Solutions and Support, Inc, a systems integrator, designs, develops, manufactures, sells, and services flight guidance, autothrottles, and cockpit display systems in the United States and internationally. It offers flat panel display systems that replicate the display of analog or digital displays on one screen and replace existing displays in legacy aircraft, as well as used for security monitoring on-board aircraft and as tactical workstations on military aircraft; and flight deck management system, a navigation and performance computer that upgrade for commercial air transport aircraft.
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