stoxline Quote Chart Rank Option Currency Glossary
  
INNOVATE Corp. (VATE)
0.5403  -0.02 (-3.53%)    04-26 14:37
Open: 0.56
High: 0.5695
Volume: 134,152
  
Pre. Close: 0.5602
Low: 0.53
Market Cap: 55(M)
Technical analysis
2024-04-26 2:18:10 PM
Short term     
Mid term     
Targets 6-month :  0.78 1-year :  0.88
Resists First :  0.67 Second :  0.75
Pivot price 0.62
Supports First :  0.52 Second :  0.44
MAs MA(5) :  0.57 MA(20) :  0.63
MA(100) :  0.88 MA(250) :  1.3
MACD MACD :  -0.1 Signal :  -0.1
%K %D K(14,3) :  4 D(3) :  9.1
RSI RSI(14): 32.2
52-week High :  2.86 Low :  0.52
Price, MAs and Bollinger Bands

Price has closed below its short-term moving average. Short-term moving average is currently below mid-term; and below long-term moving average. From the relationship between price and moving averages: This stock is BEARISH in short-term; and BEARISH in mid-long term.
[ VATE ] has closed above bottom band by 8.7%. Bollinger Bands are 20.6% narrower than normal. The current width of the bands does not suggest anything about the future direction or movement of prices.

Stock Price Prediction
If tomorrow: Open lower Open higher
High: 0.61 - 0.61 0.61 - 0.62
Low: 0.54 - 0.55 0.55 - 0.55
Close: 0.55 - 0.56 0.56 - 0.57
Company Description

INNOVATE Corp., through its subsidiaries, operates in infrastructure, life sciences, and spectrum areas in the United States. It provides industrial construction, structural steel, and facility maintenance services for use in commercial, industrial, and infrastructure construction projects, such as buildings and office complexes, hotels and casinos, convention centers, sports arenas and stadiums, shopping malls, hospitals, dams, bridges, mines, metal processing, refineries, pulp and paper mills, and power plants. The company also fabricates trusses and girders; and fabricates and erects water pipe, water storage tanks, tunnel liners, pressure vessels, strainers, filters, separators, and other customized products. In addition, it offers integrated solutions for digital engineering, modeling and detailing, construction, heavy equipment installation, and facility services; and steel and rebar detailing, and BIM modeling and management services, as well as equipment used in the oil, gas, petrochemical, and pipeline industries. Further, the company develops products for early osteoarthritis of the knee, and aesthetic and medical technologies for the skin. Additionally, it operates over-the-air broadcasting stations and Azteca America, a Spanish-language broadcast network. The company was formerly known as HC2 Holdings, Inc. and changed its name to INNOVATE Corp. in September 2021. The company was incorporated in 1994 and is headquartered in New York, New York.

Headline News

Fri, 26 Apr 2024
INNOVATE Corp. to Report First Quarter 2024 Results on May 7th - Yahoo Finance

Wed, 24 Apr 2024
INNOVATE Corp. Announces Closing of Rights Offering - GlobeNewswire

Mon, 22 Apr 2024
INNOVATE Corp. Announces Preliminary Results of Rights Offering - Yahoo Canada Finance

Mon, 22 Apr 2024
INNOVATE Corp. Announces Preliminary Results of Rights Offering - Yahoo Finance

Fri, 08 Mar 2024
INNOVATE Corp launches $19 million rights offering for common stock - Investing.com

Wed, 06 Mar 2024
INNOVATE sets price for stock rights offering By Investing.com - Investing.com

Financial Analysis
Price to Book Value:
P/BV, a ratio used to compare book value to its current market price, to gauge whether a stock is valued properly.
Underperform
Price to Earnings:
PE, the ratio for valuing a company that measures its current share price relative to its earnings per share (EPS).
Underperform
Discounted cash flow:
DCF, a valuation method used to estimate the value of an investment based on its expected future cash flows.
Outperform
Return on Assets:
ROA, indicates how profitable a company is in relation to its total assets, how efficiently uses assets to generate a profit.
Underperform
Return on Equity:
ROE, a measure of financial performance calculated by dividing net income by equity. a gauge of profitability and efficiency.
Outperform
Debt to Equity:
evaluate financial leverage, reflects the ability of equity to cover outstanding debts in the event of a business downturn.
Underperform
Stock Basics & Statistics
Exchange:
NYSE
Sector:
Industrials
Industry:
Engineering & Construction
Shares Out 79 (M)
Shares Float 48 (M)
Held by Insiders 38.6 (%)
Held by Institutions 34.8 (%)
Shares Short 4,700 (K)
Shares Short P.Month 4,300 (K)
Stock Financials
EPS -0.48
EPS Est Next Qtrly 0
EPS Est This Year 0
EPS Est Next Year 0
Book Value (p.s.) -2.09
Profit Margin -2.5 %
Operating Margin 4.4 %
Return on Assets (ttm) 1.6 %
Return on Equity (ttm) 0 %
Qtrly Rev. Growth -11.9 %
Gross Profit (p.s.) 0
Sales Per Share 17.92
EBITDA (p.s.) 0.82
Qtrly Earnings Growth 0 %
Operating Cash Flow 27 (M)
Levered Free Cash Flow 20 (M)
Stock Valuations
PE Ratio -1.13
PEG Ratio 0
Price to Book value -0.26
Price to Sales 0.03
Price to Cash Flow 1.61
Stock Dividends
Dividend 0
Forward Dividend 0
Dividend Yield 0%
Dividend Pay Date Invalid DateTime.
Ex-Dividend Date Invalid DateTime.

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