II-VI Incorporated (NASDAQ:IIVI): A worthy Investment or not?


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 II-VI Incorporated (NASDAQ:IIVI) for the period of 9-Day stands at 69.55% while the stochastic %D for the same period stands at 46.83%.

The 7-Day Average Directional Index ADX (also known as Trend Strength Indicator) of II-VI Incorporated (NASDAQ:IIVI) signals “Buy” while other important signals like the 20-Day Moving Average Vs. Price signals “Buy”.

Another important signal of trend and momentum of a security is 20-50 Day MACD Oscillator or Moving Average Convergence Divergence signals “Buy” for II-VI Incorporated (NASDAQ:IIVI) while 20-100 Day MACD Oscillator indicates “Buy”.

Bollinger band is a volatility indicator of a certain security, currently II-VI Incorporated (NASDAQ:IIVI)’s 20-Day Bollinger Band indicates “Buy”.

About Company

II-VI Incorporated designs, manufactures and markets optical and opto-electronic components, devices and materials for infrared, near-infrared, visible light, x-ray and gamma ray instrumentation. The Company’s infrared optics business manufactures optical and opto-electronic components sold under the II-VI brand name and used primarily in CO2 lasers. The Company’s near-infrared optics business manufactures near-infrared & visible light products for industrial, scientific, military & medical instruments and laser gain materials and products for solid-state YAG and YLF lasers at the Company’s VLOC subsidiary. The Company’s military infrared optics business manufactures infrared products for military applications under the Exotic Electro-Optics brand name.

Previous Day Activity Analysis

On the last trading day, II-VI Incorporated (NASDAQ:IIVI) opened the session at $43.9 and after going up 7.53% closed at $47.15. The stock gained 3.25 points in the last trade.

II-VI Incorporated (NASDAQ:IIVI)’s stock fluctuated in the range of $43.65 and $47.20 during the previous active session. II-VI Incorporated (NASDAQ:IIVI) traded with the volume of 1.32 Million with average volume of 699.28 Million. The stock has HIGH volatility on the last trading session.

Currently the Beta for the company remains at 0.03 while ATR (Average True Range) and RSI (Relative Strength Index) are at 1.65 and 70.1 respectively.

Currently the Insider Ownership of the shares of II-VI Incorporated (NASDAQ:IIVI) is at 1.4% and the shares outstanding are 58.46 Million.

Important Ratio Analysis

Some important ratios to consider here for II-VI Incorporated (NASDAQ:IIVI) are discussed below:

Price to Earnings P/E ratio stands at 30.58 while Forward P/E shows the value of 19.47.

The PEG ratio (Price to Earning to Growth) emits the value of 2.04. The Price to Sale P/S and Price to Book P/B shows the value of 2.72 and 3.13 respectively. While Price to Cash P/C and Price to Free Cash Flow P/FCF stands at 11.42 and 0 correspondingly.

The Quick Ratio of II-VI Incorporated (NASDAQ:IIVI) stands at 2.6 while the Current Ratio depicts the value of 3.9.

Return on Assets ROA of II-VI Incorporated (NASDAQ:IIVI) is at 7% whereas, Return on Equity ROE and Return of Investment ROI of II-VI Incorporated (NASDAQ:IIVI) stand at 11.4% and 8.1% respectively.

Stock Performance Analysis

The stock performance of II-VI Incorporated (NASDAQ:IIVI) on the basis of 5 day trade show the jump of 13.61% whereas, the monthly performance of the stock shows increase of 13.21%.

The quarterly performance of the stock remained in green zone with the value of 28.83% while six month performance of the shares of II-VI Incorporated (NASDAQ:IIVI) remained bullish with the count of 44.41%.

The yearly and YTD performance of II-VI Incorporated (NASDAQ:IIVI) remained up at 66.31% and 59.02% respectively.