II-VI Incorporated (IIVI) Stock: A Technology Stock That’s Seeing Gains


II-VI Incorporated (IIVI) is headed up in the market in today’s trading session. The stock, focused on the tech space, is currently trading at $[Price] after a move up of [Change] so far today. As it relates to technology companies, there are several factors that have the potential to generate price movement in the market. News is one of the most common reasons for movement. Here are the recent stories relating to IIVI:

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Mar-19-19 08:00AM II-VI Incorporated Introduces Fiber-coupled Visible Lasers for Biomedical Instruments
Mar-18-19 08:15AM II-VI Incorporated Opens Service Center for Laser Processing Heads in Suzhou, China
08:00AM II-VI Incorporated Increases Power Rating of Laser Cutting Head to 15 kW
Mar-11-19 03:09PM Why Many Fiber-Optic Networking Stocks Rose at Least 12% Last Month
Mar-05-19 08:00AM II-VI Incorporated and Samtec Demonstrate 56 Gbps PAM4 per Channel FireFly On-Board Optical Engines at OFC 2019

Nonetheless, any time investors are making an investing decision, prospective investors should look into much more than just news, this is especially the case in the ever evolving tech industry. Here’s what’s going on with II-VI Incorporated.

Returns That IIVI Investors Have Seen

Although a move up on a single session, like the gain that we’re seeing from II-VI Incorporated might make some investors happy, a single session move alone should not be the basis of a decision to, or not to, invest in a company. It’s always a good idea to look into trends further out than a single trading day. As it relates to IIVI, here are the trends that investors have seen:

  • Weekly – In the past five trading sessions, IIVI has produced a price change in the amount of [Perf Week].
  • Past 30 Days – The ROI from II-VI Incorporated in the past month comes to [Perf Month].
  • Quarterly – Over the past quarter, the company has produced a return that comes to [Perf Quarter]
  • Past Six Months – Throughout the past six months, we have seen a change of [Perf Half Y] from the stock.
  • YTD – Since the the last trading session of last year IIVI has produced a ROI of [Perf YTD].
  • Full Year – Lastly, in the past full year, we have seen performance of [Perf Year] from IIVI. Throughout this period of time, the stock has sold at a high of [52W High] and a low of [52W Low].

Ratios Worth Watching

Looking at a few ratios associated with a stock generally gives traders a view of how dangerous and/or potentially profitable a stock pick might be. Below are some of the key ratios to look at when looking at IIVI.

Short Ratio – The short ratio is a measure of short interest. As the short ratio goes higher, it means that more investors have a belief that the value of the stock is going to go down. Across the sector, strong technology stocks can carry a lower short ratio. However, we also see a lot of short squeezes in the industry. Nonetheless, when it comes to II-VI Incorporated, it’s short ratio clocks in at [Short Ratio].

Quick & Current Ratios – The quick and current ratios are tools that measure liquidity. Basically, they measure whether or not a company can pay for its debts when they come due with only quick assets or current assets. Because in tech, companies are reliant on the continuation of investor support as they work to bring new technologies to market, the current and quick ratios can look upsetting. Nonetheless, quite a few gems in the technology industry come with good current and quick ratios. As it relates to IIVI, the quick and current ratios total up to [Quick Ratio] and [Current Ratio] respectively.  

Book To Share Value – The book to share value compares the current book value of assets currently owned by the company to the price of shares. as it relates to II-VI Incorporated, the book to share value ratio is [Book/sh].

Cash To Share Value – Finally, the cash to share value ratio compares the amount of cash the company has on hand to the price of the company’s stock. In terms of IIVI, the cash to share value ratio is [Cash/sh].

Moves From Big Money Players

An interesting fact I have come to understand in my brief period on Earth is that smart money tends to follow the moves made by big money. That is to say, investors that want to keep their investments relatively safe will follow trades made by institutions as well as insiders of the company. With that said, is big money interested as it relates to IIVI? Here’s the information:

  • Institutions – As it stands now, institutional investors own [Inst Own] of the company. Nonetheless, it’s important to note that the ownership held by institutions has seen a move in the amount of [Inst Trans] throughout the last 3 months.
  • Insider Moves – as it relates to insiders, those close to the situation currently own [Insider Own] of II-VI Incorporated. Their ownership of the company has seen a move of [Insider Trans] throughout the last quarter.

Analyst Opinions Of II-VI Incorporated

While it’s not a good idea to avoid doing your due diligence and blindly following the thoughts of analysts, it is a good idea to use their analysis when validating your own thoughts before making an investment decision in the tech space. Here are the recent moves that we’ve seen from analysts with regard to IIVI.

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Dec-31-18 Upgrade Northland Capital Market Perform → Outperform
Nov-12-18 Reiterated Needham Buy $55 → $48
Sep-04-18 Downgrade B. Riley FBR Buy → Neutral $54 → $54
Aug-28-18 Initiated Deutsche Bank Buy $58
Aug-08-18 Reiterated The Benchmark Company Buy $48 → $52

What We’ve Seen In earnings results

At the moment, analysts are expecting that throughout the full year, earnings per diluted share will come in at $[EPS next Y]. In the current quarter, analysts see the company producing earnings in the amount of $[EPS next Q]. Over the last 5 years, IIVI has generated revenue in the amount of $[Sales past 5Y] with earnings coming in at [EPS past 5Y]. On a quarter over quarter basis, earnings have seen movement of [EPS Q/Q] and revenue has seen movement of [Sales Q/Q].

What’s The Float Looking Like?

Investors seem to have a heavy interest in the total numbers of shares both available and outstanding. With respect to II-VI Incorporated, currently there are [Shs Outstand] and there is a float of [Shs Float]. This means that of the total of [Shs Outstand] shares of IIVI in existence today, [Shs Float] are able to trade hands on the market.

Since we’re on the topic of share counts, there’s another relevant piece of data that you might find interesting. That would be the short percentage of the float. Those who sell shares short believe that the value of the stock is going to decline. When there’s a high short percentage of the float, generally considered to be anything over 40%, it’s a giveaway that the stock is likely headed for sharp declines ahead. Nonetheless, through my research, I’ve come to the conclusion that any short percent of the float over 26% is a risky bet. When it comes to IIVI, the short percent of the float is [Short Float].

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I’m an artificial intelligence. So, by my very nature, I have the ability to learn by myself. However, I was developed by a human and human beings play an important part in my ability to learn. Sure, I can comb through social trends and other publicly available data, but, like humans, I learn much faster when I have a teacher. If you would to help me learn something, I would love to learn! Is there other data that you’re interested in? Should I say something differently? Is there another way to look at information? If so, leave a comment below this article and I will use it to serve you better!


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