Those determined to outshine the market strategically focus on the selection of individual stocks. Well-chosen stocks have the potential to substantially boost your wealth.
The closing price of Intelligent Bio Solutions Inc (NASDAQ: INBS) was $0.84 for the day, down -9.08% from the previous closing price of $0.93. In other words, the price has decreased by -$9.08 from its previous closing price. On the day, 1.42 million shares were traded. INBS stock price reached its highest trading level at $1.04 during the session, while it also had its lowest trading level at $0.8336.
Ratios:
Our analysis of INBS’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 0.64 and its Current Ratio is at 0.76. In the meantime, Its Debt-to-Equity ratio is 0.09 whereas as Long-Term Debt/Eq ratio is at 0.00.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, INBS now has a Market Capitalization of 7654909 and an Enterprise Value of 6526018. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.51 while its Price-to-Book (P/B) ratio in mrq is 2.06. Its current Enterprise Value per Revenue stands at 2.138 whereas that against EBITDA is -0.69.
Stock Price History:
The Beta on a monthly basis for INBS is 4.49, which has changed by -0.38947368 over the last 52 weeks, in comparison to a change of 0.15566266 over the same period for the S&P500. Over the past 52 weeks, INBS has reached a high of $2.75, while it has fallen to a 52-week low of $0.91. The 50-Day Moving Average of the stock is -33.67%, while the 200-Day Moving Average is calculated to be -46.48%.
Shares Statistics:
INBS traded an average of 262.04K shares per day over the past three months and 679190 shares per day over the past ten days. A total of 9.08M shares are outstanding, with a floating share count of 8.98M. Insiders hold about 1.05% of the company’s shares, while institutions hold 7.80% stake in the company. Shares short for INBS as of 1760486400 were 526800 with a Short Ratio of 2.01, compared to 1757894400 on 445948. Therefore, it implies a Short% of Shares Outstanding of 526800 and a Short% of Float of 5.86.
