Innovex International (NYSE:INVX) Reaches New 12-Month Low – Here’s What Happened

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

Wall Street Analyst Weigh In

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

Innovex International Price Performance

The company has a market cap of $903.84 million, a price-to-earnings ratio of 9.53 and a beta of 0.88. The company has a quick ratio of 2.17, a current ratio of 3.87 and a debt-to-equity ratio of 0.01.

Innovex International Company Profile

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.