Investing In Incyte Corp (NASDAQ: INCY): Why Should You?

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Stocks Info

The company is listed on the NASDAQ and operates within the Biotechnology industry segment. The current market capitalization of Incyte Corp is $14.41B. A total of 1.47 million shares were traded on the day, compared to an average of 2.09M shares.

In the most recent transaction, Flannelly Barry P sold 3,680 shares of INCY for 79.68 per share on Nov 06 ’24. After the transaction, the EVP & General Manager US now owns 58,042 company shares. In a previous transaction on Nov 06 ’24, BARRY FLANNELLY bought 3,680 shares at 79.68 per share.

Among the insiders who sold shares, Tray Thomas disposed of 572 shares on Sep 12 ’24 at a per-share price of $62.94. This resulted in the Principal Accounting Officer holding 24,825 shares of INCY after the transaction. In another insider transaction, Tray Thomas sold 382 shares at $63.37 per share on Sep 13 ’24. Company shares held by the Principal Accounting Officer now total 24,443.

It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. In terms of 52-week highs and lows, INCY has a high of $83.95 and a low of $50.35.

Balance Sheet Annually/Quarterly

An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on this information. INCY’s latest balance sheet shows that the firm has $2.35B in Cash & Short Term Investments as of fiscal 2021. There were $44.82M in debt and $854.31M in liabilities at the time. Its Book Value Per Share was $16.45, while its Total Shareholder’s Equity was $3.77B.

Analysts Opinion

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for INCY is Buy with a score of 3.87.

Most Popular

Related Posts