$3.86 – $5.47: Is it good range for Infrastructure and Energy Alternatives Inc. (IEA)

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Infrastructure and Energy Alternatives Inc. (NASDAQ:IEA) changes shares on Wednesday trading session, with a change of 14.04% or $0.5 shares. The trading starts at $4.28 and closed at $3.56 throughout the day. The trading session low price was $3.86 and day high was $5.47 on Wednesday, August 05. After the session, the Industrials sector daily volume shifted to 11.53 million while its average volume is 69.29K. In other hand, the IEA market cap reached to $93.42M. While, its current target price is $5.50.

On May 10, 2018, BRIEF-Infrastructure And Energy Alternatives Reports Q1 Loss Per Share Of $0.81. According to the news reported on Reuters, Infrastructure and Energy Alternatives Inc:

Checking out the performance report which defines the increase or decrease of prices for a specific period. For the last 5 trading sessions, its performance is up 15.67% and up 9.73% for month. Its quarterly performance was 99.02% above, while its half year performance is up 13.73%. IEA yearly performance stood at positive 71.31% and rise 26.09% for year-to-date. Current recommendation for Infrastructure and Energy Alternatives Inc. is 2.00.

Earnings per share or EPS is an important financial measure, which defines the profitability of a company. IEA EPS (TTM) for 12-month is -0.58. EPS for this year is 52.10%, while for the next year its value is 0.04. Its EPS Q/Q reached 39.60%. It has an EPS of next five years will be up 8.00%.

Let’s take a look on the analyst recommendations on IEA for the current month and previous month. For the current month, 1 of 1 analysts recommend stock as Buy while 0 as Sell, 0 as overweight, 0 as underweight and 0 as Hold. As compared with the previous month ratings, 0 analysts participate in stock recommendation. Out of 0, 0 rated it sell, 0 rated it as Buy and 0 as Hold Ratings.

Royce & Associates LP, Vanguard Group, Inc. (The) and Polar Asset Management Partners Inc. are the top three holders in Infrastructure and Energy Alternatives Inc. (IEA) stock. On Mar 30, 2020, Royce & Associates LP has 0.88 million shares which valued 1.76 million. On Mar 30, 2020, Vanguard Group, Inc. (The) owned 0.35 million shares which valued at 0.71 million. On Mar 30, 2020, Polar Asset Management Partners Inc. has a total of 0.29 million shares which valued at 0.57 million. In the end, Polar Asset Management Partners Inc. have 1.27% shares outstanding of Infrastructure and Energy Alternatives Inc. (IEA) on Mar 30, 2020. The insider ownership moved to 8.40% and institutional holding shifted to 18.90%.

The company posted an EPS (TTM) of -0.58. According to the most recent quarter report on (Jun 2020), 1 analysts estimated an average EPS of -0.04, while -0.61 EPS posted a year ago period. Analyst Estimated EPS for IEA published in the report was -$0.04 – -$0.04 during the same period. Comparing with last year, the average estimated EPS was -0.61 which is higher than -0.66 which was posted for recent quarter EPS.

A brief look on simple moving average (SMA) that determines the market price can impact a market. The SMA for IEA rise 43.41% for period of 200 days. SMA for 50 days was 29.20% which is showing green signal, while SMA-20 was 10.42%. The moving average value for Infrastructure and Energy Alternatives Inc. (IEA) is 77.84k and 0.28% for 200 and 50 days respectively.

Let’s take a look on the insider transactions, in which multiple shareholders are showing interest in IEA stock. On May 15, Melman Gil, General Counsel, bought 5,000 trading shares at the cost of $1.80, which valued at 8995.0. On May 15, Hanson Christopher, EVP, Wind Operations, bought 5,000 shares at the cost of $1.74, with total shares of 81,222. On May 15, Roehm John Paul, President and CEO, bought 300 shares at the cost of 1.80. After this transaction, Roehm John Paul total shares reached to 227,331 which valued at 540.0.