Infobird Co Ltd (NASDAQ: IFBD)’s stock price has gone rise by 25.83 in comparison to its previous close of 1.20, however, the company has experienced a 43.81% increase in its stock price over the last five trading days. prnewswire.com reported 2024-05-23 that HONG KONG, May 23, 2024 /PRNewswire/ — Infobird Co., Ltd (NASDAQ: IFBD) (“Infobird” or the “Company”), a software-as-a-service provider of AI-powered customer engagement solutions in China, today reports that as of May 16, 2024, it is delinquent in filing its annual report on Form 20-F for the fiscal year ended December 31, 2023 (the “2023 Form 20-F”) with the U.S. Securities and Exchange Commission (the “SEC”). The Company previously filed a Form 12b-25 with the SEC on April 29, 2024 for the late filing of the 2023 Form 20-F, pursuant to which the 2023 Form 20-F was due to be filed by May 15, 2024.
Is It Worth Investing in Infobird Co Ltd (NASDAQ: IFBD) Right Now?
The stock has a 36-month beta value of 1.59.
The public float for IFBD is 8.18M, and at present, short sellers hold a 0.02% of that float. On May 12, 2025, the average trading volume of IFBD was 18.51K shares.
IFBD’s Market Performance
IFBD’s stock has seen a 43.81% increase for the week, with a 5.59% rise in the past month and a -19.25% fall in the past quarter. The volatility ratio for the week is 14.43%, and the volatility levels for the past 30 days are at 13.19% for Infobird Co Ltd The simple moving average for the past 20 days is 35.45% for IFBD’s stock, with a -20.27% simple moving average for the past 200 days.
IFBD Trading at 10.37% from the 50-Day Moving Average
After a stumble in the market that brought IFBD to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -67.94% of loss for the given period.
Volatility was left at 13.19%, however, over the last 30 days, the volatility rate increased by 14.43%, as shares surge +29.03% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -17.49% lower at present.
During the last 5 trading sessions, IFBD rose by +43.81%, which changed the moving average for the period of 200-days by -44.69% in comparison to the 20-day moving average, which settled at $1.1148. In addition, Infobird Co Ltd saw -33.19% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for IFBD
Current profitability levels for the company are sitting at:
- -1.21 for the present operating margin
- 0.41 for the gross margin
The net margin for Infobird Co Ltd stands at -1.46. The total capital return value is set at -0.02. Equity return is now at value -3.40, with -3.17 for asset returns.
Based on Infobird Co Ltd (IFBD), the company’s capital structure generated 0.01 points at debt to capital in total, while cash flow to debt ratio is standing at -8.41. The debt to equity ratio resting at 0.01. The interest coverage ratio of the stock is -3.17.
Currently, EBITDA for the company is -1.42 million with net debt to EBITDA at 2.95. When we switch over and look at the enterprise to sales, we see a ratio of 5.69. The receivables turnover for the company is 0.28for trailing twelve months and the total asset turnover is 0.02. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.63.
Conclusion
To sum up, Infobird Co Ltd (IFBD) has seen a mixed performance recently. Analysts have differing views on the stock, with some seeing 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.
