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Sunday, September 26, 2021

Is Now the Time to Invest in Insignia Systems Inc. (NASDAQ:ISIG)?

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Insignia Systems Inc. (ISIG) shares are trading at higher $1.02.

To add more color to this target, the company’s high over the last year is $1.75 and the low is $0.54. Over the last 52 weeks, ISIG is up 6.17% while the S&P 500 is up 7.86%. The catalyst for this interesting swing was the company’s recent earnings report.

A Notable Earnings Report

In the last quarter, ISIG reported a profit of $0.37 million. Insignia Systems Inc. also saw revenues increase to $3.39 million. In addition, ISIG has free cash flow of -$0.6 million as of 06-2020. The company’s EBITDA came in at -$1.66 million which compares well with its peers.

ISIG booked profit margins of -31.90%, its Return on Equity (ROE) is -52.50%, and its Return on Assets is -36.70%. All told, it is clear that, ISIG needs to be on your watchlist.

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Of course, we must look beyond the financials and question how well those numbers represent the sustainable earnings power of the business. Investors need to know how sustainable this current run. ISIG has a short ratio of 0.00 and outstanding shares of 12.08M.

Company Outlook

ISIG has seen increased volume after this news and investors are putting their support behind the value proposition. Furthermore, 10-day volume stands at 19.73 million and more growth is possible in the weeks ahead. Traders will also note the company’s earnings per share came in at -0.50. Insignia Systems Inc. ISIG also noted assets of $14.98 million at the end of the last quarter. Investors should also keep an eye on sector updates as ISIG has historically followed its peers on positive news.

All told, Insignia Systems Inc. ISIG has strung together solid data and demonstrated underlying fundamentals. At its current valuation, ISIG represents an interesting risk/reward case. Traders should stay tuned to see if this recent report will push the stock to test recent resistance levels.

Insignia Systems Inc. ISIG is now commanding a market cap of 13.76M and a float of 8.32M. ISIG is increasing its credibility in this sector and that could lead to more upside down the line. Sign-up for continuing coverage on shares of ISIG stock, as well as other hot stock picks, get our free newsletter today and get our next breakout pick!

Disclosure: we hold no position in ISIG, either long or short, and we have not been compensated for this article.

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