Intelligent Group Ltd (NASDAQ: INTJ)’s stock price has gone decline by -20.60 in comparison to its previous close of 1.31, however, the company has experienced a -29.28% decrease 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
Is It Worth Investing in Intelligent Group Ltd (NASDAQ: INTJ) Right Now?
The price-to-earnings ratio for Intelligent Group Ltd (NASDAQ: INTJ) is 26.26x, which is above its average ratio.
The public float for INTJ is 4.16M and currently, short sellers hold a 1.05% of that float. On April 30, 2024, INTJ’s average trading volume was 655.32K shares.
INTJ’s Market Performance
The volatility ratio for the week is 19.54%, and the volatility levels for the past 30 days are at 13.57% for Intelligent Group Ltd The simple moving average for the past 20 days is -35.35% for INTJ’s stock, with a -40.46% simple moving average for the past 200 days.
INTJ Trading at -40.46% 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 -86.79% of loss for the given period.
Volatility was left at 13.57%, however, over the last 30 days, the volatility rate increased by 19.54%, as shares sank -46.11% for the moving average over the last 20 days.
During the last 5 trading sessions, INTJ fell by -29.28%, in comparison to the 20-day moving average, which settled at $1.5641. In addition, Intelligent Group Ltd saw -68.48% 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.
