Ipass Inc (NASDAQ:IPAS) has grabbed attention from the analysts, when it saw a value decrease of -43.83% or -0.53 points in the last trading session to close at $0.67. A total of 1.25 Million shares exchanged hands during the intra-day trade compared with its average trading volume of 98.91 Million shares, while its relative volume stands at 12.67. Ipass Inc (NASDAQ:IPAS) has a market cap of $43.65 Million and the number of outstanding shares have been calculated 64.76 Million.
Shares of Ipass Inc (NASDAQ:IPAS) currently have an Average Brokerage Recommendation of 1.5, number of Recs in ABR is 4 while industry rank of the company by ABR is 171 out of 265. Out of the analyst recommendations 2 rate Ipass Inc (NASDAQ:IPAS) stock a Buy, 2 rate the stock Outperform, 1 rate Hold, 0 rate Underperform and 0 recommend a Sell.
Taking a glance at where the stock might be directed in the future, on a consensus basis, the sell-side has a 52 week price target of $2.11 on the stock, this valuation is based on 4 number of opinions. The most optimistic analyst sees the stock reaching $2.75 while the most conventional has $1.6 target price.
In order to check on the sell-side rational, we can also take a peek at some technical indicators. Ipass Inc (NASDAQ:IPAS)’s price sits -50.07% off from its 50-day moving average of $1.3137 and -52.38% away from the stock’s 200-day moving average which is $1.3159. Stock’s twelve month price oscillated between $1.89 and $0.98. The stock hit its twelve month high on 10/19/16, and twelve month low on 08/03/17. The Average True Range, a measure of volatility is at 0.09, however its weekly and monthly volatility is 7.79%, 4.46% respectively. The company’s Relative Strength Index which shows price strength currently stands at 12.85.
Ipass Inc (NASDAQ:IPAS) as of recent trade, has shown weekly downbeat performance of -44.75% which was maintained at -48.93% in 1-month period. During the past three months the stock slid -45.2%, bringing six months performance to -56.51%. Yearly performance of the stock shows a bearish trend of -55.36% while year-to-date (YTD) performance reflected -59.15% negative outlook.
While taking a glance at financials, we can look at a number of key indicators. Ipass Inc (NASDAQ:IPAS) has trailing twelve month Return on Assets of -26.1%, which is key indicator of how profitable a company is relative to its total assets. The company currently has a Return on Equity of -46.9% and a Return on Investment of -40.7%. ROI is a performance measure used to evaluate the efficiency of an investment or to compare the efficiency of a number of different investments.
While having a peek at profitability ratios Ipass Inc (NASDAQ:IPAS) has trailing twelve month gross margin at 32.7%, its trailing twelve month operating margin stands at -12.7% whereas its trailing twelve month net profit margin spots at -13.3%.
However looking at valuation ratios the stock has 5 year expected PEG ratio of 0 whereas its trailing twelve month P/E ratio is 0. The company’s forward price to earnings ratio for next fiscal year is 42.13. Ipass Inc (NASDAQ:IPAS)’s price to free cash flow for trailing twelve months is 0. Its beta value stands at -0.37.
The company’s quick ratio for most recent quarter is 2 along with current ratio for most recent quarter of 2. Total debt to equity ratio of the company for most recent quarter is 0 whereas long term debt to equity ratio for most recent quarter is 0.
Having a peek at growth estimates of the company, Ipass Inc (NASDAQ:IPAS) has current quarter growth estimates of 50% however it has 100% estimations over growth for the next quarter. During current year the company’s forecasts over growth are 8.3% while for the next year analysts’ growth estimation is 109.1%. Past 5 years growth of the company observed at 29.1%, and for the next five years the analysts that follow the company are expecting its growth at 25%.