What Technical Analysis say About Impax Laboratories Inc. (NASDAQ:IPXL)?


Technical Indicators and Signals

The stochastic oscillator indicator is the important indicator to compare the security price over a certain period of time. The stochastic %K of Impax Laboratories Inc. (NASDAQ:IPXL) for the period of 9-Day stands at 29.48% while the stochastic %D for the same period stands at 23.09%.

The 7-Day Average Directional Index ADX (also known as Trend Strength Indicator) of Impax Laboratories Inc. (NASDAQ:IPXL) signals “Sell” while other important signals like the 20-Day Moving Average Vs. Price signals “Sell”.

Another important signal of trend and momentum of a security is 20-50 Day MACD Oscillator or Moving Average Convergence Divergence signals “Sell” for Impax Laboratories Inc. (NASDAQ:IPXL) while 20-100 Day MACD Oscillator indicates “Buy”.

Bollinger band is a volatility indicator of a certain security, currently Impax Laboratories Inc. (NASDAQ:IPXL)’s 20-Day Bollinger Band indicates “Hold”.

About Company

Impax Laboratories, Inc. is a technology-based, specialty pharmaceutical company engaged in the development, manufacture, and marketing of specialty prescription pharmaceutical products utilizing its own formulation expertise and drug delivery technologies. IMPAX Laboratories is focusing on two key areas, namely Generic Pharmaceutical Products and Branded Pharmaceutical Products. In the generic pharmaceuticals market, it focuses its efforts on controlled-release generic versions of selected brand-name pharmaceuticals covering a range of therapeutic areas. In the brand-name pharmaceuticals market, Impax is developing products for the treatment of central nervous system disorders. The company sells its products to large pharmaceutical wholesalers, warehousing chain drug stores, mass merchandisers, and mail-order pharmacies through strategic alliances and the company’s global pharmaceuticals division.

Previous Day Activity Analysis

On the last trading day, Impax Laboratories Inc. (NASDAQ:IPXL) opened the session at $16.95 and after going down -4.46% closed at $17.15. The stock gained 0.2 points in the last trade.

Impax Laboratories Inc. (NASDAQ:IPXL)’s stock fluctuated in the range of $15.93 and $17.45 during the previous active session. Impax Laboratories Inc. (NASDAQ:IPXL) traded with the volume of 2.55 Million with average volume of 1.75 Million. The stock has MEDIUM volatility on the last trading session.

Currently the Beta for the company remains at 0.99 while ATR (Average True Range) and RSI (Relative Strength Index) are at 1.27 and 34 respectively.

Currently the Insider Ownership of the shares of Impax Laboratories Inc. (NASDAQ:IPXL) is at 1% and the shares outstanding are 72.11 Million.

Important Ratio Analysis

Some important ratios to consider here for Impax Laboratories Inc. (NASDAQ:IPXL) are discussed below:

Price to Earnings P/E ratio stands at 0 while Forward P/E shows the value of 16.95.

The Price to Sale P/S and Price to Book P/B shows the value of 1.52 and 2.34 respectively. While Price to Cash P/C and Price to Free Cash Flow P/FCF stands at 7.22 and 11.35 correspondingly.

The Quick Ratio of Impax Laboratories Inc. (NASDAQ:IPXL) stands at 1.2 while the Current Ratio depicts the value of 1.7.

Return on Assets ROA of Impax Laboratories Inc. (NASDAQ:IPXL) is at -31.5% whereas, Return on Equity ROE and Return of Investment ROI of Impax Laboratories Inc. (NASDAQ:IPXL) stand at -89.1% and -29.6% respectively.

Stock Performance Analysis

The stock performance of Impax Laboratories Inc. (NASDAQ:IPXL) on the basis of 5 day trade show the dip of -4.72% whereas, the monthly performance of the stock shows decrease of -18.72%.

The quarterly performance of the stock remained in red zone with the value of -6.28% while six month performance of the shares of Impax Laboratories Inc. (NASDAQ:IPXL) remained bearish with the count of -2.83%.

The yearly and YTD performance of Impax Laboratories Inc. (NASDAQ:IPXL) remained up at 22.5% and 29.43% respectively.