[breadcrumb_custom]

INBS’s Stock Dilemma: Intelligent Bio Solutions Inc’s Market Performance and Outlook

The present stock price for Intelligent Bio Solutions Inc (INBS) is $0.52. In the last trading session, the stock made a considerable jump, reaching $0.586 after an opening price of $0.543. The stock briefly fell to $0.5001 before ending the session at $0.57.

Intelligent Bio Solutions Inc ‘s stock market performance has been somewhat erratic. The company’s stock reached a 1-year high price of $32.00 on 01/23/23, while the lowest value for the same period was recorded at $0.20 on 10/26/23.

Top 5 EV Tech Stocks to Buy for 2023

The electric vehicle boom is accelerating – and fast. According a new report published by BloombergNEF, annual spending on passenger EVs hit $388 billion in 2022, up 53% from the year before. Like we said, the boom is accelerating – and the time to buy EV-related tech stocks is now. Get our free report, "Top 5 EV Tech Stocks to Buy for 2023".

Click Here to Download the FREE Report.

Sponsored

52-week price history of INBS Stock

A stock’s 52-week high and low prices can reveal much about its current status and future trajectory. Intelligent Bio Solutions Inc’s current trading price is -98.38% away from its 52-week high, while its distance from the 52-week low is 159.87%. The stock’s price range during this period has spanned from $0.20 to $32.00. In the Healthcare sector, the Intelligent Bio Solutions Inc’s shares surpassed a trading volume of approximately 1.7 million for the day, which was noticeably lower compared to the average daily volume of 9.5.53 million over the past three months.

Market Capitalization and Financial Performance: An In-Depth Look

Intelligent Bio Solutions Inc (INBS) has experienced a quarterly decline of -70.95% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 4.54M and boasts a workforce of 51 employees.

A Closer Look at Analysts’ Ratings for Intelligent Bio Solutions Inc

As of right now, 1 analyst is rating Intelligent Bio Solutions Inc as a BUY, 0 of the polled analysts branded the stock as an OVERWEIGHT, 0 analyst is recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 analyst is rating the stock as SELL.

Making Sense of Trading Volume and Moving Average Data

Based on Barchart.com data, the company’s moving average over the 100-day period was 1.3873, with a change in price of -2.2500. Similarly, Intelligent Bio Solutions Inc recorded 3,630,043 in trading volume during the last 100 days, posting a change of -81.23%.

Examining INBS’s Debt-to-Equity Ratio: What You Need to Know

The debt-to-equity (D/E) ratio is a crucial measure that sheds light on a company’s financial health and market standing. It is determined by dividing a company’s overall liabilities by its shareholders’ equity, showing the extent of a company’s debt usage in financing its assets compared to the shareholders’ equity. At the time of writing, the total D/E ratio for INBS stands at 0.85. Similarly, the long-term debt-to-equity ratio is also 0.43.

INBS Stock Stochastic Average

Today’s raw stochastic average for Intelligent Bio Solutions Inc over the last 50 days is 19.27%.This indicates a decrease from the raw stochastic average of the past 20 days, which was 55.11%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 59.93% and 60.17%, respectively.

INBS Stock Price Performance Analysis

A mixed performance in the stock price over the year has left investors with either an optimistic or pessimistic outlook, depending on their point of view. The index has shown a price loss of -86.99% this year. Over the last six months, there has been a stronger performance of -82.40%. The price of INBS fallen by 92.52% during the last 30 days period. For the last 5-days stocks have improved 18.99%.

Leave a Reply

Your email address will not be published. Required fields are marked *

On Key

Related Posts