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/IIIN
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Insteel Industries Inc

Insteel Industries Inc

IIIN
$30.61USD+0.53%+0.16 today

MARKET CAP

592.6M

P/E (TTM)

14.0x

FWD P/E

DAY RANGE

$30 – $31

52W RANGE

$24
$40

AI Summary

Stalk
Buy NowMedium

IIIN is in an early Stage 1 consolidation with exhaustion of selling pressure confirmed by the Post-Capitulation pattern. Price has repaired short-term EMAs and is tracking above the rising 9 and 20 EMAs with a follow-through day, indicating acceptance. Medium-term directional asymmetry favors the upside as forced liquidation has finished and base breakout dynamics are intact. Buy now on this pullback into the EMA zone.

  • Bought back 75K shares for $1.9M in Q3, boosting returns
  • $22.9M cash on hand with zero borrowings on revolving facility
  • Net earnings slid to $9M ($0.46 EPS) from $15.2M a year ago
Full analysis →
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