Innovex International, Inc. (NYSE:INVX - Get Free Report) CFO Kendal Reed bought 3,765 shares of the business's stock in a transaction dated Friday, December 13th. The shares were bought at an average cost of $13.28 per share, with a total value of $49,999.20. Following the purchase, the chief financial officer now directly owns 186,232 shares of the company's stock, valued at approximately $2,473,160.96. This represents a 2.06 % increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is accessible through this hyperlink.
Innovex International Stock Down 2.8 %
NYSE INVX traded down $0.37 during trading hours on Monday, hitting $12.93. 739,192 shares of the company's stock traded hands, compared to its average volume of 307,716. The company has a current ratio of 3.87, a quick ratio of 2.17 and a debt-to-equity ratio of 0.01. The stock has a market cap of $869.48 million, a PE ratio of 9.17 and a beta of 0.88. Innovex International, Inc. has a 52-week low of $12.62 and a 52-week high of $25.19.
Wall Street Analyst Weigh In
Separately, Barclays dropped their price objective on shares of Innovex International from $21.00 to $15.00 and set an "underweight" rating for the company in a research note on Tuesday, November 26th.
Read Our Latest Analysis on Innovex International
About Innovex International
(
Get Free Report)
Innovex Downhole Solutions Inc designs, manufactures and installs mission-critical drilling & deployment, well construction, completion, production and fishing & intervention solutions to support upstream onshore and offshore activities. Innovex Downhole Solutions Inc, formerly known as Dril-Quip, is based in HOUSTON.
Read More
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Innovex International, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Innovex International wasn't on the list.
While Innovex International currently has a "Sell" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Wondering where to start (or end) with AI stocks? These 10 simple stocks can help investors build long-term wealth as artificial intelligence continues to grow into the future.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
