The stock of Iveda Solutions Inc (NASDAQ: IVDA) has decreased by -7.64 when compared to last closing price of 0.28.Despite this, the company has seen a loss of -25.48% in its stock price over the last five trading days. businesswire.com reported 2024-09-13 that MESA, Ariz.–(BUSINESS WIRE)–Iveda Solutions, Inc. (the “Company”) (NASDAQ: IVDA) announced that it has approved a 1-for-8 reverse stock split of the outstanding and authorized shares of its common stock and corresponding adjustment to the publicly traded common stock purchase warrants. Pursuant to the reverse stock split, each eight (8) shares of the Company’s outstanding common stock, $0.00001 par value per share, will be automatically combined and converted into one (1) outstanding share of.
Is It Worth Investing in Iveda Solutions Inc (NASDAQ: IVDA) Right Now?
IVDA has 36-month beta value of 1.20. Analysts have mixed views on the stock, with 1 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
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The public float for IVDA is 16.89M, and currently, short sellers hold a 0.19% ratio of that float. The average trading volume of IVDA on September 16, 2024 was 134.27K shares.
IVDA’s Market Performance
IVDA’s stock has seen a -25.48% decrease for the week, with a -19.34% drop in the past month and a -53.90% fall in the past quarter. The volatility ratio for the week is 26.81%, and the volatility levels for the past 30 days are at 20.49% for Iveda Solutions Inc The simple moving average for the past 20 days is -31.50% for IVDA’s stock, with a -60.58% simple moving average for the past 200 days.
IVDA Trading at -38.81% from the 50-Day Moving Average
After a stumble in the market that brought IVDA to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -79.64% of loss for the given period.
Volatility was left at 20.49%, however, over the last 30 days, the volatility rate increased by 26.81%, as shares sank -14.37% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -44.72% lower at present.
During the last 5 trading sessions, IVDA fell by -25.48%, which changed the moving average for the period of 200-days by -62.20% in comparison to the 20-day moving average, which settled at $0.3753. In addition, Iveda Solutions Inc saw -59.21% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for IVDA
Current profitability levels for the company are sitting at:
- -0.98 for the present operating margin
- 0.26 for the gross margin
The net margin for Iveda Solutions Inc stands at -0.93. The total capital return value is set at -0.79. Equity return is now at value -59.34, with -41.54 for asset returns.
Based on Iveda Solutions Inc (IVDA), the company’s capital structure generated 0.16 points at debt to capital in total, while cash flow to debt ratio is standing at -6.49. The debt to equity ratio resting at 0.19. The interest coverage ratio of the stock is -281.05.
Currently, EBITDA for the company is -3.39 million with net debt to EBITDA at 0.59. When we switch over and look at the enterprise to sales, we see a ratio of 0.67. The receivables turnover for the company is 3.57for trailing twelve months and the total asset turnover is 0.56. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.56.
Conclusion
To put it simply, Iveda Solutions Inc (IVDA) has had a bad performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others 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.
