India Globalization Capital Inc. Shares Fall 4.7% Below Previous 52-Week Low - Market Mover
The shares fell 4.7% lower than its previous 52-week low of $1.06, with trading volume lower than its 30 day average
Dec 29, 2021 by Kwhen Finance Editors
India Globalization Capital Inc. (IGC) shares closed 4.7% lower than its previous 52 week low, giving the company a market cap of $54M. The stock is currently down 32.1% year-to-date, down 39.1% over the past 12 months, and up 253.3% over the past five years. This week, the Dow Jones Industrial Average rose 2.6%, and the S&P 500 rose 3.0%.
Trading Activity
- Trading volume this week was 40.1% lower than the 20-day average.
- Beta, a measure of the stock’s volatility relative to the overall market stands at 1.3.
Technical Indicators
- The Relative Strength Index (RSI) on the stock was under 30, indicating it may be underbought.
- MACD, a trend-following momentum indicator, indicates a downward trend.
- The stock closed below its Bollinger band, indicating it may be oversold.
Market Comparative Performance
- The company's share price is the same as the S&P 500 Index , lags it on a 1-year basis, and beats it on a 5-year basis
- The company's share price is the same as the Dow Jones Industrial Average , lags it on a 1-year basis, and beats it on a 5-year basis
- The company share price is the same as the performance of its peers in the Health Care industry sector , lags it on a 1-year basis, and beats it on a 5 year basis
| Name | DoD %Δ | YTD %Δ | 1 Yr % | 52-Week H % | 52-Week L % |
|---|---|---|---|---|---|
| India Globalization Capital Inc. | -4.7 | -32.1 | -39.1 | -77.2 | 0.0 |
| Dow Jones Industrial Average | 0.2 | 21.0 | 21.8 | -0.3 | 23.9 |
| S&P 500 Index | 0.1 | 29.2 | 29.8 | -0.4 | 32.5 |
| Health Care | -0.3 | 23.0 | 24.6 | -0.0 | 27.8 |
Peer Group Comparative Performance
- The company's stock price performance year-to-date lags the peer average by -193.0%
- The company's stock price performance over the past 12 months lags the peer average by -225.4%
| Name | MKT CAP (USD) | P/E | YTD %Δ | 1 Yr %Δ | 52-Week H % | 52-Week L % |
|---|---|---|---|---|---|---|
| India Globalization Capital Inc. | IGC | 0 | -32.1 | -39.1 | -77.2 | 0 |
| Peer Avg | N/A | 1084.5 | 34.5 | 31.2 | -7.9 | 23.3 |
| Trinity Industries, Inc. | TRN | 3184.1 | 14.9 | 13.9 | -11.1 | 19.7 |
| Granite Construction Inc. | GVA | 56.2 | 45.2 | 43.0 | -12.5 | 50.3 |
| Sterling Construction Company, Inc. | STRL | 13.3 | 43.3 | 36.6 |
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