Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
After finishing at $0.50 in the prior trading day, Innovation Beverage Group Ltd (NASDAQ: IBG) closed at $0.49, down -0.85%. In other words, the price has decreased by -$0.85 from its previous closing price. On the day, 8.06 million shares were traded. IBG stock price reached its highest trading level at $0.5001 during the session, while it also had its lowest trading level at $0.48.
Ratios:
Our goal is to gain a better understanding of IBG by taking a closer look at its different ratios.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, IBG now has a Market Capitalization of 4110277 and an Enterprise Value of 5671191. Its current Enterprise Value per Revenue stands at 1.802 whereas that against EBITDA is -2.826.
Stock Price History:
Over the past 52 weeks, IBG has reached a high of $3.35, while it has fallen to a 52-week low of $0.44. The 50-Day Moving Average of the stock is -24.32%, while the 200-Day Moving Average is calculated to be -45.71%.
Shares Statistics:
The stock has traded on average 141.15K shares per day over the past 3-months and 1202610 shares per day over the last 10 days, according to various share statistics. A total of 8.16M shares are outstanding, with a floating share count of 7.74M. Insiders hold about 7.24% of the company’s shares, while institutions hold 0.66% stake in the company. Shares short for IBG as of 1741910400 were 34802 with a Short Ratio of 0.25, compared to 1739491200 on 89604. Therefore, it implies a Short% of Shares Outstanding of 34802 and a Short% of Float of 0.64999997.
