The stock price of Infobird Co. Ltd (NASDAQ: IFBD) has dropped by -9.75 compared to previous close of 1.23. Despite this, the company has seen a fall of -8.26% in its stock price over the last five trading days.
Is It Worth Investing in Infobird Co. Ltd (NASDAQ: IFBD) Right Now?
The public float for IFBD is 4.30M and currently, short sellers hold a 0.80% ratio of that float. The average trading volume of IFBD on May 25, 2023 was 343.62K shares.
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IFBD’s Market Performance
The stock of Infobird Co. Ltd (IFBD) has seen a -8.26% decrease in the past week, with a -47.53% drop in the past month, and a -84.78% fall in the past quarter. The volatility ratio for the week is 32.62%, and the volatility levels for the past 30 days are at 21.68% for IFBD. The simple moving average for the past 20 days is -26.18% for IFBD’s stock, with a -76.75% simple moving average for the past 200 days.
IFBD Trading at -50.80% from the 50-Day Moving Average
After a stumble in the market that brought IFBD to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -94.76% of loss for the given period.
Volatility was left at 21.68%, however, over the last 30 days, the volatility rate increased by 32.62%, as shares sank -35.85% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -63.60% lower at present.
During the last 5 trading sessions, IFBD fell by -8.26%, which changed the moving average for the period of 200-days by -90.51% in comparison to the 20-day moving average, which settled at $1.4727. In addition, Infobird Co. Ltd saw -63.00% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for IFBD
Current profitability levels for the company are sitting at:
- -150.12 for the present operating margin
- +23.52 for the gross margin
The net margin for Infobird Co. Ltd stands at -143.89. The total capital return value is set at -90.44, while invested capital returns managed to touch -119.77.
Based on Infobird Co. Ltd (IFBD), the company’s capital structure generated 32.62 points at debt to equity in total, while total debt to capital is 24.60. Total debt to assets is 17.24, with long-term debt to equity ratio resting at 1.51. Finally, the long-term debt to capital ratio is 1.14.
When we switch over and look at the enterprise to sales, we see a ratio of -0.37, with the company’s debt to enterprise value settled at 0.28. The receivables turnover for the company is 1.81 and the total asset turnover is 0.43. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.66.
In conclusion, Infobird Co. Ltd (IFBD) has seen bad performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.