INSYS Therapeutics, Inc. (INSY): A Rude Awakening

INSYS Therapeutics, Inc. (NASDAQ:INSY) stock enjoyed an overall uptrend of 24.57% from the beginning of 2019. The closing share price quoted for February 05, 2019 was $4.36. The 9.82% rally might have been tempting for an investor to buy at this point.

A fresh roundup today notes that INSY stock has lost around -50.45% of its value in the past 12 months, suggesting more investors have expressed concern about about in that time period. If we turn to the Street in general, the positives still outweigh the negatives as we can see that INSYS Therapeutics, Inc. (INSY), have a buy (2) analyst consensus rating. In the current time, the stock has 4 buy and 0 hold ratings. The stock registered its 52-week high of $11.65 on August 30 and its 52-week low of $3.35 on December 28. Currently, the shares are trading $0.25 above its YTD moving average of $4.11.

Moving on, INSYS Therapeutics, Inc. (INSY) last reported its September 2019 earnings. For brief highlights, it performed well in that quarter, with earnings up 76% year-over-year at $-0.37. The company surprised analysts by 76 who were expecting $-0.21 per share. Overall, its quarterly revenues dropped by -40% to reach $18.35 million, while it had reported $30.67 million in the same period a year ago. To see what investors should really expect from its December 2018 financial results consensus analyst estimates are calling for current quarter earnings per share of $-0.33, up from $-0.61 in the same quarter a year ago. However, earnings-per-share are expected to see growth of 54.4% in next year. From there, the company believes it can achieve a long-term annual earnings growth rate of 67.4 %. At the other end of the income statement, we have seen revenue of $97.2 million over the trailing 12 months.

To help you decide whether it’s worth the wait (and the money), INSYS Therapeutics, Inc. (NASDAQ:INSY) is currently trading at 0X the company’s trailing-12-month earnings per share, which represents a discount compared to the sector’s 30.88X and comes in below its industry’s 95.96X. The most popular method for valuing a stock is to study the historic Price-to-Earnings (P/E) ratio using reported earnings for the past 12 months. The EPS number for this stock in the most recent four quarters of earnings stood at $-1.6. P/E ratio is so popular because it’s simple, it’s effective, and, tautologically, because everyone uses it.

The 14-day Absolute ATR (Average True Range) on Tuesday, February 05 of 2019 shows that the price on average moves $0.4. The average daily volatility is 10.84% over the past week. Low volatility is good for the stock and it means we have calm and confident investors. If you check recent INSYS Therapeutics, Inc. (INSY) volume, you will see that it has changed to 3.63 million shares versus the average daily volume of 674.13 thousand shares.

When you look at the daily chart for INSY, you will observe the stock held -30.46% losses in the 6-month period and maintains 30.15% distance from its most recent low. The past 5-day performance for the share stays positive at 23.51% but up 6.89% from its three-week moving average. Comparing to 50-day SMA, INSYS Therapeutics, Inc. shares price is now down -5.48%. It also closed -37.64% lower from its 200-day SMA. This is often seen as the last line of defense for long term trends to find support at, else be considered broken and/or in a bear market. The daily chart of the stock more clearly reveals the slide in prices as it closed Tuesday with a 1-month performance at 2.59%.