Market Resilience: Innovation Beverage Group Ltd (IBG) Finishes Weak at 0.98, Down -4.41

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Innovation Beverage Group Ltd (NASDAQ: IBG) closed the day trading at $0.98 down -4.41% from the previous closing price of $1.03. In other words, the price has decreased by -$4.41 from its previous closing price. On the day, 0.24 million shares were traded. IBG stock price reached its highest trading level at $1.04 during the session, while it also had its lowest trading level at $0.97.

Ratios:

For a better understanding of IBG, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 821.16 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 273.72. For the most recent quarter (mrq), Quick Ratio is recorded 0.25 and its Current Ratio is at 0.48. In the meantime, Its Debt-to-Equity ratio is 0.10 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, IBG now has a Market Capitalization of 8212214 and an Enterprise Value of 9685052. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.61 while its Price-to-Book (P/B) ratio in mrq is 13.21. Its current Enterprise Value per Revenue stands at 3.077 whereas that against EBITDA is -4.826.

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 $0.60. The 50-Day Moving Average of the stock is 1.74%, while the 200-Day Moving Average is calculated to be -8.96%.

Shares Statistics:

Over the past 3-months, IBG traded about 906.78K shares per day on average, while over the past 10 days, IBG traded about 164250 shares per day. 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 0.03% stake in the company. Shares short for IBG as of 1734048000 were 183394 with a Short Ratio of 0.20, compared to 1731628800 on 322273. Therefore, it implies a Short% of Shares Outstanding of 183394 and a Short% of Float of 3.4000000000000004.

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