The stock of Inspira Technologies Oxy B.H.N. Ltd (NASDAQ: IINN) has increased by 11.88 when compared to last closing price of 1.94.Despite this, the company has seen a gain of 14.23% in its stock price over the last five trading days. Zacks Investment Research reported 2024-03-19 that The AMAR submission is a strategic move by Inspira Technologies (IINN), positioning it to target global markets with its innovative Augmented Respiration Technology (INSPIRA ART).
Is It Worth Investing in Inspira Technologies Oxy B.H.N. Ltd (NASDAQ: IINN) Right Now?
The 36-month beta value for IINN is at 2.21. Analysts have varying views on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for IINN is 15.48M, and currently, shorts hold a 1.43% of that float. The average trading volume for IINN on April 10, 2024 was 1.15M shares.
IINN’s Market Performance
IINN’s stock has seen a 14.23% increase for the week, with a 14.23% rise in the past month and a 135.89% gain in the past quarter. The volatility ratio for the week is 5.54%, and the volatility levels for the past 30 days are at 7.30% for Inspira Technologies Oxy B.H.N. Ltd The simple moving average for the past 20 days is 17.70% for IINN’s stock, with a 64.33% simple moving average for the past 200 days.
IINN Trading at 44.27% from the 50-Day Moving Average
After a stumble in the market that brought IINN to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -12.84% of loss for the given period.
Volatility was left at 7.30%, however, over the last 30 days, the volatility rate increased by 5.54%, as shares surge +22.13% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +156.59% upper at present.
During the last 5 trading sessions, IINN rose by +20.21%, which changed the moving average for the period of 200-days by +59.71% in comparison to the 20-day moving average, which settled at $1.8647. In addition, Inspira Technologies Oxy B.H.N. Ltd saw 104.75% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for IINN
The total capital return value is set at -1.92. Equity return is now at value -121.62, with -89.14 for asset returns.
Based on Inspira Technologies Oxy B.H.N. Ltd (IINN), the company’s capital structure generated 0.23 points at debt to capital in total, while cash flow to debt ratio is standing at -0.84. The debt to equity ratio resting at 0.31. The interest coverage ratio of the stock is -70.52.
Currently, EBITDA for the company is -11.72 million with net debt to EBITDA at 0.23. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.61.
Conclusion
In conclusion, Inspira Technologies Oxy B.H.N. Ltd (IINN) has had a better performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
