Barclays Cuts Innovex International (NYSE:INVX) Price Target to $15.00

Innovex International (NYSE:INVX) had its target price lowered by Barclays from $21.00 to $15.00 in a report issued on Tuesday,Benzinga reports. The brokerage currently has an underweight rating on the stock.

Innovex International Price Performance

Shares of NYSE INVX opened at $16.32 on Tuesday. Innovex International has a 1 year low of $13.80 and a 1 year high of $25.19. The firm has a market cap of $1.10 billion, a P/E ratio of 11.57 and a beta of 0.85. The company has a current ratio of 3.87, a quick ratio of 2.17 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.