The simple moving average for the last 20 days is -12.75% for INTJ’s stock, with a simple moving average of -16.22% for the last 200 days.
Is It Worth Investing in Intelligent Group Ltd (NASDAQ: INTJ) Right Now?
The price-to-earnings ratio for Intelligent Group Ltd (NASDAQ: INTJ) is 38.89x, which is above its average ratio.
The public float for INTJ is 4.16M and currently, short sellers hold a 1.77% of that float. On April 19, 2024, INTJ’s average trading volume was 732.37K shares.
INTJ) stock’s latest price update
Intelligent Group Ltd (NASDAQ: INTJ) has experienced a decline in its stock price by -0.65 compared to its previous closing price of 1.55. However, the company has seen a fall of -7.78% in its stock price over the last five trading days. Seeking Alpha reported 2024-03-23 that U.S. IPO Weekly Recap: Tech IPOs Pop As End Of March Approaches
INTJ Trading at -16.22% from the 50-Day Moving Average
After a stumble in the market that brought INTJ to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -80.43% of loss for the given period.
During the last 5 trading sessions, INTJ fell by -9.59%, in comparison to the 20-day moving average, which settled at $1.7385. In addition, Intelligent Group Ltd saw -53.33% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for INTJ
The liquidity ratio also appears to be rather interesting for investors as it stands at 2.16.
Conclusion
To wrap up, the performance of Intelligent Group Ltd (INTJ) has been bad in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. 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.
