IGC - India Globalization Capital, Inc.

NYSE American - NYSE American Delayed Price. Currency in USD
+0.4200 (+25.77%)
At close: 4:00PM EDT

2.1900 +0.14 (6.83%)
After hours: 4:51PM EDT

Stock chart is not supported by your current browser
Previous Close1.6300
Bid2.2700 x 800
Ask2.2900 x 800
Day's Range1.7400 - 2.1000
52 Week Range0.2500 - 14.5800
Avg. Volume1,419,588
Market Cap80.998M
Beta (3Y Monthly)8.85
PE Ratio (TTM)N/A
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target EstN/A
Trade prices are not sourced from all markets
  • Benzinga10 days ago

    India Globalization Capital Subsidiary Secures Hemp Cultivation, Harvesting License In Arizona

    Holi Hemp, a subsidiary of India Globalization Capital, Inc. (NYSE: IGC ), said Thursday that its application for the cultivation and harvesting of hemp was approved by Arizona’s Department of Agriculture ...

  • InvestorPlace17 days ago

    7 A-Rated Stocks to Buy Under $10

    We hear a lot about the major averages on a day-to-day basis. But what we don't hear about nearly as much are the low-priced stocks and the small-cap stocks to buy that are primed to do well in this kind of market.Assuming all works out in the trade wars, we have going now and we don't pick any more trade fights with major trade partners, the U.S. economy should do well this year.And small cap companies can leverage growth far better than big ones, so this will be an ideal time for small caps in general, especially now that the Federal Reserve has announced it's will to err on the side of growth and lower interest rates if necessary, to keep growth moving.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * The 10 Best Stocks for 2019 -- So Far What's more, these stocks are all in strong growth sectors that won't be harmed by the current trade wars. That also makes my Portfolio Grader's seven A-rated stocks to buy under $10 attractive buyout targets for larger companies that can borrow at very low rates for acquisitions. Recro Pharma (REPH)Recro Pharma (NASDAQ:REPH) is a biotech that is in phase 3 trials for a non-opioid drug for acute post-operative pain. That has garnered it a great deal of attention over the past couple of years.With a market cap of $250 million, it has the wherewithal to mount a good effort in getting this drug over the finish line. Once it finishes trials successfully, it then can either shop the big drug firms for a licensing agreement, go on its own or get acquired by a pharma firm looking to diversify its portfolio.But the fact that taking a drug through drug trials can cost around $2 billion today means that small firms with good ideas can find it hard to keep generating revenue until they make it through trials.REPH is generating revenue now as it works on getting its Meloxicam through phase 3 trials. It has two other drugs in the pipeline as well. And its Q1 earnings report was very encouraging.While earnings were negative, they beat estimates by 87% and revenues were positive. It looks like it will break even by the end of this year and once Meloxicam gets through its hurdles, it may well be off to the races. Paysign (PAYS)Paysign (NASDAQ:PAYS) is a leader in the prepaid card business. Whether it's a phone card, rewards card or payment card, it does it all.This has become a very hot sector recently for temporary and unbanked workers. Instead of dealing with all the issues around delivery a check to workers, they can be given a prepaid card with their earnings on it to use as they please.Many of the big pharmaceutical firms are also using prepaid cards to give to patients as co-pay help for name brand pharmaceuticals. Local and state governments are also choosing prepaid cards rather then issuing checks to citizens as well as vendors. * 7 Stocks to Buy That Don't Care About Tariffs In the past year, PAYS is up a whopping 344%, 184% of that is year to date performance. Given that massive run, the stock is already at the $10 mark, but it's close enough and its potential is big enough that it makes this list. India Globalization Capital Inc (IGC)India Globalization Capital Inc (NYSE:IGC) is an odd combination of businesses. On the one hand, and as its name implies, it has a heavy-duty construction business and an industrial commodities trading business that has been in operation in India for 35 years.And then recently, it has added a cannabinoid therapeutics business, looking for and delivering alternative therapies for Alzheimer's and Parkinson's diseases.It was delisted from the NYSE after the price fell below $1 last year. But it won a relisting in February and the stock rose 234% on its first day of relisting. For the year, the stock is up 64% and year-to-date it's still up 232%. Its cannabis business is likely attracting much of the attention since many companies in the sector are getting purchased at massive premiums. At current prices, this isn't the stock to bet your retirement on, but it's certainly worth some fun money. Pedvco (PED)Pedvco Corp (NYSE:PED) stands for Pacific Energy Development Corp. It's an independent exploration and production company (E&P) that looks for oil and natural gas in Colorado's Niobrara Shale and Eagle Ford Shale in Texas.This is a good time to be an E&P, as the U.S. begins to ramp up energy exports. Not only does the solid economy bode well for demand growth, but overseas markets are paying premium prices for energy supplies, especially natural gas.There are new natural gas export facilities opening in the next few years, which will make natural gas an even more valuable commodity. * 7 Best ETFs for a Well-Balanced Portfolio What's more, the consolidation underway in the E&P sector bodes well for PED prospects of getting bought out by a bigger E&P or a diversified player. Up 560% in the past year, the stock is still trading a P/E below of 0.5. Yowza. Flexible Solutions International (FSI)Flexible Solutions International Inc (NYSE:FSI) is a Canada-based firm that has some interesting products built to conserve water and energy. One of its key products is a liquid blanket that you put over open water sources like swimming pools or fracking ponds to inhibit evaporation and maintain a stable temperature.Its other big product line is used by energy, utility, chemical and mining firms to prevent scaling and corrosion in water piping.This is an increasingly important aspect of the unconventional drilling methods that are used to get oil and natural gas out of the U.S. and Canadian shale regions. As those operations expand, so does FSI's potential business.The stock is up 94% year to date and still delivers an impressive 4.6% dividend. And its Q1 earnings report shows that growth is continuing. Sales were up 108% compared to the same quarter last year, and that includes a payment of $250,000 in U.S. tariffs. Net income was up almost 15%. And the P/E is still around 13. Sachem Capital (SACH)Sachem Capital Corp (NYSE:SACH) is a regional mortgage originator and lender of short-term loans (1-3 years) secured by first mortgage liens in the Connecticut, Massachusetts, New York and Rhode Island area.SACH primarily lends to acquire or renovate residential properties, acquire or construct properties or simply buy and hold existing properties. Given the short-term nature of the loans, much of the lending is to developers who build out properties and then sell them within the window.Given the low interest rate environment we're in currently, business is going to get even better since this is a great time to take on debt and lending is easier than it has been. * 10 Stocks to Buy That Could Be Takeover Targets This is borne out SACH's recent Q1 earnings in mid-May. Revenue was up 23% and net income was up 4%. The stock is up 33% for the year and it's still delivering a whopping 9.2% dividend. DHT Holdings (DHT)DHT Holdings Inc (NYSE:DHT) is an independent crude oil tanker company, with more than two dozen ships in its fleet.Most of these tankers are leased out to integrated oil companies to ship products around the world. Given the general growth in the global economy, and the expansion of export efforts in the U.S. market, tankers as a sector are doing well now. Usually, the summer is a slow time for them since much of the summer oil was delivered earlier for refining and in tanks for the summer demand season.The thing is, lower oil prices always mean that import-dependent countries stock up on oil and that keeps tanker fleets busy as well. DHT is up 47% YTD and that momentum should only increase if the trade wars dissipate. Plus, DHT also sports a 2.9% dividend, which comes in handy.Louis Navellier is a renowned growth investor. He is the editor of four investing newsletters: Growth Investor, Breakthrough Stocks, Accelerated Profits and Platinum Growth. His most popular service, Growth Investor, has a track record of beating the market 3:1 over the last 14 years. He uses a combination of quantitative and fundamental analysis to identify market-beating stocks. Mr. Navellier has made his proven formula accessible to investors via his free, online stock rating tool, PortfolioGrader.com. Louis Navellier may hold some of the aforementioned securities in one or more of his newsletters. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 7 S&P 500 Dividend Stocks to Buy at Least Yielding 3% * 7 Stocks to Buy That Don't Care About Tariffs * 5 Healthcare Stocks to Pick Up From the Wreckage Compare Brokers The post 7 A-Rated Stocks to Buy Under $10 appeared first on InvestorPlace.

  • Benzinga7 months ago

    What To Do When A Stock You Own Is Halted

    The NYSE-traded shares of  India Globalization Capital, Inc. (OTC: IGCC ) were halted in late October after the exchange said it had begun the process of delisting the stock. For investors who were blindsided ...

  • TheStreet.com8 months ago

    IGC, Tilray and Other Pot Stocks Gain After Sessions Quits as Attorney General

    IGC and Tilray rise by double-digit percentages and other weed stocks rally as anti-pot attorney general steps down and voters back cannabis sales in three states.

  • Benzinga8 months ago

    India Globalization Capital Secures US Patent For Cannabis-Based Composition

    India Globalization Capital, Inc (OTC: IGCC) was awarded a U.S. patent Tuesday on a cannabis-based composition for treating pain. India Globalization Capital has made no announcement so far on its website about the patent.

  • Marijuana Train Wreck: These 19 Pot Stocks Lost 20% (or More) in October
    Motley Fool8 months ago

    Marijuana Train Wreck: These 19 Pot Stocks Lost 20% (or More) in October

    A closer look at why most weed stocks went up in smoke despite Canada legalizing recreational cannabis.

  • This Pot Stock Just Got Booted Off the NYSE
    Motley Fool8 months ago

    This Pot Stock Just Got Booted Off the NYSE

    From smoking-hot marijuana stock to smoldering mess in about a month.

  • Investopedia8 months ago

    Penny Stocks to Buy Using Technical Analysis for November 2018

    Penny stocks got battered and bruised during the month of October, undermined by a broad-based retreat that dropped the Russell 2000 small-cap index to an eight-month low. The broad market could post new lows in early November, but a profitable relief rally should unfold in coming weeks, favoring dip trades on penny stocks that have held technical support levels through the maelstrom. This month's penny stock list includes several of these plays, but it's important to think and act defensively, placing stop losses immediately after entry. Penny Stock Picks to Buy Using Technical Analysis for November 1.

  • TheStreet.com8 months ago

    Facebook, General Electric, Apple, BP and IGC - 5 Things You Must Know

    U.S. stock futures were rising modestly on Tuesday, Oct. 30, following a volatile session on Wall Street that saw a 900-point swing for the Dow Jones Industrial Average and ahead of another day with corporate earnings in focus. Equities turned negative after Bloomberg reported the U.S. was preparing to announce by early December tariffs on all remaining Chinese imports if talks next month between Donald Trump and Chinese President Xi Jinping didn't result in a significant breakthrough in their ongoing trade war.

  • Investopedia8 months ago

    'Poster Child of Cannabis Bubble' Delisted From NYSE

    Popular cannabis play India Globalization Capital Inc. ( IGC) is getting kicked off the New York Stock Exchange (NYSE). The NYSE said it has immediately suspended trading of the company’s stock and is now in the process of delisting its shares. In a brief press release, the exchange added that it reached its decision after identifying several red flags.

  • Benzinga8 months ago

    NYSE Suspends Trading In India Globalization Capital

    The NYSE said it will be delisting India Globalization Capital after finding it violated the Section 1003(c)(i) of the NYSE American Company Guide. India Globalization Capital has changed its business strategy dramatically on several occasions.

  • Cannabis-Infused Beverages: 3 Things You May Not Realize
    Motley Fool8 months ago

    Cannabis-Infused Beverages: 3 Things You May Not Realize

    CBD-infused beverage stocks are on fire, but can they meet lofty expectations?

  • TheStreet.com8 months ago

    India Globalization Drops 10% as Other Pot Stocks Gain on New Canada Law

    fell about 10% to $3.40 Friday, October 19, as the pot stock struggles for a second straight day in spite of the legalization of recreational cannabis in Canada earlier this week. The legalization of cannabis in Canada wasn't the only bit of good news for Bethesda, Maryland-based IGC this week, as the company also announced that it is targeting a March roll out in Canada for its low-dose THC-based formulation to treat Alzheimer's disease.

  • TheStreet.com8 months ago

    Pot Stocks Get Routed on the Same Day Cannabis Is Legalized in Canada

    Cannabis is officially legal in Canada Wednesday, but stocks in the segment are falling across the board.

  • Why Marijuana Stocks Tilray, New Age Beverages, and India Globalization Capital Slumped Today
    Motley Fool8 months ago

    Why Marijuana Stocks Tilray, New Age Beverages, and India Globalization Capital Slumped Today

    Find out why investors soured on cannabis companies.

  • The 3 Most Dangerous Marijuana Stocks
    Motley Fool8 months ago

    The 3 Most Dangerous Marijuana Stocks

    Though the cannabis industry is budding, these pot stocks are at high risk of going up in smoke.

  • TheStreet.com9 months ago

    Tilray Upsizes and Prices $450 Million Debt Offering: LIVE MARKETS BLOG

    announced that it upsized its debt offering to $450 million from $400 million while also pricing the offering of the convertible senior notes due 2023. Tilray shares were up 0.65% after rising 4.3% in premarket trading. Tilray also granted the initial purchasers of the notes an option to buy an additional $67.5 million aggregate principal amount of notes.

  • This New Cannabis Craze Has Made Early Investors Rich
    Motley Fool9 months ago

    This New Cannabis Craze Has Made Early Investors Rich

    Forget about smoking pot -- these stocks are smoking even if their products aren't.