ValuEngine lowered shares of Identiv (NASDAQ:INVE) from a sell rating to a strong sell rating in a report released on Thursday.
Separately, Zacks Investment Research raised shares of Identiv from a sell rating to a hold rating in a research report on Friday, February 23rd.
Identiv (NASDAQ INVE) traded up $0.06 during trading hours on Thursday, reaching $3.89. 24,917 shares of the company’s stock were exchanged, compared to its average volume of 66,765. The company has a current ratio of 1.75, a quick ratio of 1.20 and a debt-to-equity ratio of 0.21. The stock has a market cap of $55.41, a PE ratio of -10.24 and a beta of -0.27. Identiv has a one year low of $2.55 and a one year high of $7.81.
A number of large investors have recently bought and sold shares of the business. Royce & Associates LP boosted its position in Identiv by 5.9% in the 4th quarter. Royce & Associates LP now owns 805,086 shares of the technology company’s stock valued at $2,689,000 after buying an additional 45,000 shares during the last quarter. Essex Investment Management Co. LLC boosted its position in Identiv by 58.7% in the 4th quarter. Essex Investment Management Co. LLC now owns 418,988 shares of the technology company’s stock valued at $1,399,000 after buying an additional 155,014 shares during the last quarter. Vanguard Group Inc. boosted its position in Identiv by 1.0% in the 2nd quarter. Vanguard Group Inc. now owns 259,868 shares of the technology company’s stock valued at $1,364,000 after buying an additional 2,476 shares during the last quarter. Finally, Northern Trust Corp boosted its position in Identiv by 43.5% in the 2nd quarter. Northern Trust Corp now owns 23,429 shares of the technology company’s stock valued at $123,000 after buying an additional 7,104 shares during the last quarter. 34.93% of the stock is owned by institutional investors.
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Identiv Company Profile
Identiv, Inc is a global security technology company. The Company operates through four segments: Physical access control systems (PACS), Identity, Credentials and All Other. PACS segment provides solutions and services that enable the issuance, management and use of secure identity credentials in diverse markets.
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