Innovex International (NYSE:INVX) Hits New 12-Month Low – Time to Sell?

Innovex International, Inc. (NYSE:INVX) reached a new 52-week low on Friday . The company traded as low as $12.80 and last traded at $12.94, with a volume of 15879 shares. The stock had previously closed at $13.22.

Wall Street Analysts Forecast Growth

Separately, Barclays dropped their price target on shares of Innovex International from $21.00 to $15.00 and set an “underweight” rating for the company in a research report on Tuesday, November 26th.

Innovex International Trading Up 0.6 %

The company has a market capitalization of $894.43 million, a price-to-earnings ratio of 9.43 and a beta of 0.88. The company has a debt-to-equity ratio of 0.01, a quick ratio of 2.17 and a current ratio of 3.87.

About Innovex International

Innovex Downhole Solutions Inc designs, manufactures and installs mission-critical drilling & deployment, well construction, completion, production and fishing & intervention solutions to support upstream onshore and offshore activities. Innovex Downhole Solutions Inc, formerly known as Dril-Quip, is based in HOUSTON.