5.96 USD
↗ 0.32 (5.69%)LIVE (AS OF 01:55 PM EDT)
INNOVATE Corp.
VATENYSE • USD
Market: OPEN
INNOVATE Corp. (VATE) is currently trading at $5.96. The stock presents a bearish profile across the board: technical indicators signal "Strong Sell" and our fundamental models agree with a "Sell" rating. Key drivers include a concerning Altman Z-Score in the distress zone, a bearish Death Cross on the long-term moving averages and bearish long-term moving average alignment. On the valuation side, VATE appears attractively valued relative to sector peers across key multiples.
Technical & fundamental data as of Oct 26, 2026.
Open?$5.71
High?$5.98
Low?$5.32
Prev. Close?$5.64
Volume?29.5K
Avg. Volume?79.7K
VWAP?$5.83
Rel. Volume?0.37x
Bid / Ask
Bid?$5.92 × 200
Ask?$5.96 × 200
Spread?$0.04
Midpoint?$5.94
Valuation & Ratios
Market Cap?76.9M
Shares Out?13.6M
Float?4.0M
Float %?29.1%
P/E Ratio?N/A
P/B Ratio?-0.33
EPS?-$1.76
Dividend?2.34%
Ex-Dividend?N/A
News
Profile
Innovate Corp is a diversified holding company that has a portfolio of subsidiaries in a variety of operating segments. Its segments include Infrastructure, Life Sciences and Spectrum, and Other segment. Through its subsidiaries it provides fully integrated structural and steel construction services; supports healthcare and biotechnology product development; and operates Over-The-Air (OTA) broadcasting stations across the United States (U.S.) including Puerto Rico.
Themes
Employees
3.7K
Market Cap
76.4M
Industry
FABRICATED STRUCTURAL METAL PRODUCTS
Website
Listed
2009-07-13
Address
295 MADISON AVENUE
NEW YORK, NY 10017
Phone: 19546631147
NEW YORK, NY 10017
Phone: 19546631147
Technical OutlookStrong Sell
Strong SellNeutralStrong Buy
Long-Term (Tide)?▼ Bearish(-3/3)
Medium-Term (Wave)?▼ Bearish(-2/3)
Short-Term (Ripple)?▲ Bullish(+2/3)
MA Alignment?Bearish Alignment
Full Technical Analysis →Fundamental OutlookSell
Strong SellNeutralStrong Buy
F-Score?77
Z-Score?4
Momentum?80
Short Sent.?54
Piotroski F-Score?6/9Mixed
Altman Z-Score?0.36Distress
Confidence?48%Low
Short InterestHigh
Short % of Float?14.05%High
Short Interest?557.3K
Days to Cover?9.4
Free Float4.0M
Avg Daily Volume59.6K
Settlement Date2026-10-15
Financial Health
Current Ratio?0.50Weak
Quick Ratio?0.48Weak
Cash Ratio?0.09Low
Debt/Equity?-2.64Low
ValuationATTRACTIVELY VALUEDvs 1 peers + S&P 500
Score100/100
P/E?N/A▾
P/B?-0.33CHEAP▾
S&P97
P/S?0.05CHEAP▾
Peers100
S&P97
P/FCF?0.7CHEAP▾
Peers100
S&P97
EV/EBITDA?6.4CHEAP▾
Peers100
S&P97
EV/Sales?0.40CHEAP▾
Peers100
S&P97
Returns & Efficiency
ROE?10.3%FAIR▾
Peers50
S&P36
ROA?-2.4%WEAK▾
S&P3
Cash Flow & Enterprise
FCF?$105.5M
Enterprise Value?$605.1M
Fundamentals ratios updated end of day