IPG Photonics Corp (NASDAQ:IPGP) shares, rose in value, with the stock price up by 2.84% to the previous day’s close as strong demand from buyers drove the stock to $53.30.
Actively observing the price movement in the last trading, the stock closed the session at $51.83, falling within a range of $52.045 and $53.32. The value of beta (5-year monthly) was 0.976. Referring to stock’s 52-week performance, its high was $92.21, and the low was $48.59. On the whole, IPGP has fluctuated by -19.56% over the past month.
With the market capitalization of IPG Photonics Corp currently standing at about $2.28 billion, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Feb-10.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that IPGP’s technical picture suggests that short-term indicators denote the stock is a 100% Sell on average. However, medium-term indicators have put the stock in the category of 100% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the price of IPGP currently trading nearly -8.99% and -12.84% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 40.49, while the 7-day volatility ratio is showing 4.35% which for the 30-day chart, stands at 5.88%. Furthermore, IPG Photonics Corp (IPGP)’s beta value is 0.97, and its average true range (ATR) is 3.59.
A comparison of IPG Photonics Corp (IPGP) with its peers suggests the former has fared considerably weaker in the market. IPGP showed an intraday change of 2.84% in last session, and over the past year, it shrunk by -37.18%%.
Data on historical trading for IPG Photonics Corp (NASDAQ:IPGP) indicates that the trading volumes over the past 10 days have averaged 0.39 and over the past 3 months, they’ve averaged 356.56K. According to company’s latest data on outstanding shares, there are 42.55 million shares outstanding.
Nearly 42.35% of IPG Photonics Corp’s shares belong to company insiders and institutional investors own 61.26% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 1.43 million shares as on 2025-03-31, resulting in a short ratio of 2.86. According to the data, the short interest in IPG Photonics Corp (IPGP) stood at 1137.00 of shares outstanding as of 2025-03-31; the number of short shares registered in 2025-02-28 reached 1.29 million. The stock has fallen by -26.71% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the IPGP stock heading into the next quarter.
