Invesco Ltd (NYSE:IVZ) shares, rose in value, with the stock price down by -0.41% to the previous day’s close as strong demand from buyers drove the stock to $14.52.
Actively observing the price movement in the last trading, the stock closed the session at $14.58. Referring to stock’s 52-week performance, its high was $18.71, and the low was $12.48. On the whole, IVZ has fluctuated by -9.25% over the past month.
The company’s Forward Dividend Ratio is 0.80, with its dividend yield at 5.51%.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that IVZ’s technical picture suggests that short-term indicators denote the stock is a Hold on average. However, medium-term indicators have put the stock in the category of Hold while long-term indicators on average have been pointing out that it is a 50% Sell.
The stock’s technical analysis shows that the PEG ratio is about 0, with the price of IVZ currently trading nearly -9.00% and -7.73% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 31.72, while the 7-day volatility ratio is showing 2.13% which for the 30-day chart, stands at 2.35%. Furthermore, Invesco Ltd (IVZ)’s beta value is 1.43, and its average true range (ATR) is 0.44.
A comparison of Invesco Ltd (IVZ) with its peers suggests the former has fared considerably weaker in the market. IVZ showed an intraday change of -0.41% in last session, and over the past year, it shrunk by -13.83%%.
Data on historical trading for Invesco Ltd (NYSE:IVZ) indicates that the trading volumes over the past 3 months, they’ve averaged 4.52 million. According to company’s latest data on outstanding shares, there are 449.50 million shares outstanding.
Nearly 1.66% of Invesco Ltd’s shares belong to company insiders and institutional investors own 84.68% of the company’s shares. The stock has fallen by -18.61% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the IVZ stock heading into the next quarter.
