At the time of writing, Intelligent Bio Solutions Inc [INBS] stock is trading at $2.55, up 7.59%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The INBS shares have gain 20.28% over the last week, with a monthly amount glided 94.66%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
For the past year, the stock price of Intelligent Bio Solutions Inc fluctuated between $1.00 and $5.87. Intelligent Bio Solutions Inc [NASDAQ: INBS] shares were valued at $2.55 at the most recent close of the market.
Analyzing the INBS fundamentals
According to Intelligent Bio Solutions Inc [NASDAQ:INBS], the company’s sales were 3.03M for trailing twelve months, which represents an -20.49% plunge. Gross Profit Margin for this corporation currently stands at 0.41% with Operating Profit Margin at -3.58%, Pretax Profit Margin comes in at -3.54%, and Net Profit Margin reading is -3.53%. To continue investigating profitability, this company’s Return on Assets is posted at -1.23, Equity is -1.43 and Total Capital is -2.53. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.14.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 2.36 points at the first support level, and at 2.18 for the second support level. However, for the 1st resistance point, the stock is sitting at 2.68, and for the 2nd resistance point, it is at 2.82.
Ratios To Look Out For
It is important to note that Intelligent Bio Solutions Inc [NASDAQ:INBS] has a current ratio of 0.89. As well, the Quick Ratio is 0.73, while the Cash Ratio is 0.51. Considering the valuation of this stock, the price to sales ratio is 4.44, the price to book ratio is 2.81.
