Examining a stock’s 52-week price history, encompassing its low and high prices, can reveal much about its existing condition and potential future trajectory. Intelligent Bio Solutions Inc’s current trading price is -34.00% away from its 52-week high, while its distance from the 52-week low is 98.00%. The stock’s price range over this period has fluctuated between $1.00 and $3.00. The company, operating within the financial sector, had a trading volume of approximately 0.63 million for the day, which was noticeably higher than the average daily share volume of 0.11 million over the last 3 months.
In terms of market performance, Intelligent Bio Solutions Inc had a fairly even. The highest value for the stock in the past year was $3.00 on 09/09/24, and the lowest value was recorded at $1.00 on 08/16/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Intelligent Bio Solutions Inc (INBS) has experienced a quarterly decline of -10.00% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 13.68M and boasts a workforce of 50 employees.
Analyzing Trading Volume and Moving Average Trends
Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis
The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to its shareholders’ equity. At the time of writing, the total D/E ratio for INBS stands at 0.10. Similarly, the long-term debt-to-equity ratio is also 0.00.
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. This year’s metric has recorded a Price increase of 41.43%. However, over the past six months, we’ve seen a weaker performance of 18.56%. The price of INBS fallen by 62.30% over the last 30 days. And in the last five days, it has surged by 25.32%.