The 36-month beta value for INBS is at 4.69. Analysts have varying views on the stock, with 0 analysts rating it as a “buy,” 1 rating it as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for INBS is 4.22M, and currently, shorts hold a 11.75% of that float. The average trading volume for INBS on October 03, 2024 was 1.75M shares.
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INBS) stock’s latest price update
Intelligent Bio Solutions Inc (NASDAQ: INBS)’s stock price has dropped by -5.45 in relation to previous closing price of 1.65. Nevertheless, the company has seen a loss of -18.32% in its stock price over the last five trading days. globenewswire.com reported 2024-10-01 that INBS announces the addition of GPS Marine, a leading provider of marine construction and logistics services, to its growing number of customer accounts.
INBS’s Market Performance
Intelligent Bio Solutions Inc (INBS) has experienced a -18.32% fall in stock performance for the past week, with a 17.29% rise in the past month, and a -15.22% drop in the past quarter. The volatility ratio for the week is 7.60%, and the volatility levels for the past 30 days are at 16.47% for INBS. The simple moving average for the past 20 days is -15.73% for INBS’s stock, with a -44.11% simple moving average for the past 200 days.
INBS Trading at 4.50% from the 50-Day Moving Average
After a stumble in the market that brought INBS to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -86.67% of loss for the given period.
Volatility was left at 16.47%, however, over the last 30 days, the volatility rate increased by 7.60%, as shares surge +20.00% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +7.59% upper at present.
During the last 5 trading sessions, INBS fell by -18.32%, which changed the moving average for the period of 200-days by -52.55% in comparison to the 20-day moving average, which settled at $1.8642. In addition, Intelligent Bio Solutions Inc saw -61.53% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for INBS
Current profitability levels for the company are sitting at:
- -3.33 for the present operating margin
- 0.36 for the gross margin
The net margin for Intelligent Bio Solutions Inc stands at -3.26. The total capital return value is set at -1.24. Equity return is now at value -167.49, with -84.17 for asset returns.
Based on Intelligent Bio Solutions Inc (INBS), the company’s capital structure generated 0.09 points at debt to capital in total, while cash flow to debt ratio is standing at -11.01. The debt to equity ratio resting at 0.1. The interest coverage ratio of the stock is -62.03.
Currently, EBITDA for the company is -8.99 million with net debt to EBITDA at 0.6. When we switch over and look at the enterprise to sales, we see a ratio of 0.38. The receivables turnover for the company is 3.18for trailing twelve months and the total asset turnover is 0.23. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.57.
Conclusion
In conclusion, Intelligent Bio Solutions Inc (INBS) has had a bad performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others 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.
