Market Recap: NewGenIvf Group Ltd (NIVF)’s Negative Momentum%, Closing at $0.61

Kiel Thompson

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The closing price of NewGenIvf Group Ltd (NASDAQ: NIVF) was $0.61 for the day, down -19.87% from the previous closing price of $0.76. In other words, the price has decreased by -$19.87 from its previous closing price. On the day, 4.13 million shares were traded. NIVF stock price reached its highest trading level at $1.2 during the session, while it also had its lowest trading level at $0.6001.

Ratios:

Our analysis of NIVF’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 2.17 and its Current Ratio is at 2.21. In the meantime, Its Debt-to-Equity ratio is 0.48 whereas as Long-Term Debt/Eq ratio is at 0.40.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, NIVF now has a Market Capitalization of 1310996 and an Enterprise Value of 2865127. Its current Enterprise Value per Revenue stands at 0.601 whereas that against EBITDA is -0.699.

Stock Price History:

The Beta on a monthly basis for NIVF is -0.13, which has changed by -0.97888887 over the last 52 weeks, in comparison to a change of 0.18286073 over the same period for the S&P500. Over the past 52 weeks, NIVF has reached a high of $947.00, while it has fallen to a 52-week low of $0.70. The 50-Day Moving Average of the stock is -64.32%, while the 200-Day Moving Average is calculated to be -98.29%.

Shares Statistics:

NIVF traded an average of 781.68K shares per day over the past three months and 2750720 shares per day over the past ten days. Insiders hold about 0.68% of the company’s shares, while institutions hold 0.10% stake in the company. Shares short for NIVF as of 1760486400 were 320196 with a Short Ratio of 0.41, compared to 1757894400 on 49269. Therefore, it implies a Short% of Shares Outstanding of 320196 and a Short% of Float of 14.899999.

Earnings Estimates

Analysts are recommending an EPS of between -$2.19 and -$2.19 for the fiscal current year, implying an average EPS of -$2.19. EPS for the following year is $1.59, with 1.0 analysts recommending between $1.59 and $1.59.

Revenue Estimates

Based on 1 analysts’ estimates, the company’s revenue will be $65.2M in the next fiscal year. The high estimate is $65.2M and the low estimate is $65.2M.

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