ISSC Stock Summary and Trading Ideas (Innovative Solns | NASDAQ:ISSC)

Innovative Solutions and Support Inc is a systems integrator that designs, manufactures, sells, and services air data equipment, engine display systems, standby equipment, primary flight guidance, and cockpit display systems for retrofit applications and original equipment manufacturers. The company supplies integrated Flight Management Systems, Flat Panel Display Systems, Integrated Standby Units, Advanced Global Positioning System receivers that enable reduced carbon footprint navigation, and an Autothrottle, which allows a pilot to automatically control the power setting of the engine and is designed to reduce pilot workload and enhance safety. It sells its products to both the OEM and the retrofit markets.

Innovative Solns trades on the NASDAQ stock market under the symbol ISSC.

As of April 19, 2024, ISSC stock price declined to $6.52 with 17,952 million shares trading.

ISSC has a beta of 0.88, meaning it tends to be less sensitive to market movements. ISSC has a correlation of 0.11 to the broad based SPY ETF.

ISSC has a market cap of $113.75 million. This is considered a Micro Cap stock.

In the last 3 years, ISSC stock traded as high as $9.90 and as low as $5.34.

The top ETF exchange traded funds that ISSC belongs to (by Net Assets): VTI, VXF, IWC, DFAS, DFAC.

ISSC has underperformed the market in the last year with a price return of -4.0% while the SPY ETF gained +21.2%. ISSC has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -19.7% and -11.4%, respectively, while the SPY returned +4.3% and -3.5%, respectively.

ISSC support price is $6.46 and resistance is $6.88 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that ISSC stock will trade within this expected range on the day.