Now Is The Time To Build A Position In Intelligent Bio Solutions Inc (NASDAQ:INBS)

In last trading session, Intelligent Bio Solutions Inc (NASDAQ:INBS) saw 0.52 million shares changing hands with its beta currently measuring 4.70. Company’s recent per share price level of $1.76 trading at $0.18 or 11.39% at ring of the bell on the day assigns it a market valuation of $8.47M. That closing price of INBS’s stock is at a discount of -564.77% from its 52-week high price of $11.70 and is indicating a premium of 43.18% from its 52-week low price of $1.00. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.13 million shares which gives us an average trading volume of 127.57K if we extend that period to 3-months.

Intelligent Bio Solutions Inc (NASDAQ:INBS) trade information

Upright in the green during last session for gaining 11.39%, in the last five days INBS remained trading in the green while hitting it’s week-highest on Friday, 01/31/25 when the stock touched $1.76 price level, adding 2.22% to its value on the day. Intelligent Bio Solutions Inc’s shares saw a change of 25.71% in year-to-date performance and have moved 21.38% in past 5-day. Intelligent Bio Solutions Inc (NASDAQ:INBS) showed a performance of 28.47% in past 30-days. Number of shares sold short was 0.37 million shares which calculate 1.25 days to cover the short interests.

Intelligent Bio Solutions Inc (INBS) estimates and forecasts

Statistics highlight that Intelligent Bio Solutions Inc is scoring comparatively higher than the scores of other players of the relevant industry. The company added 25.09% of value to its shares in past 6 months, showing an annual growth rate of 80.41% while that of industry is 6.50. Apart from that, the company came raising its revenue forecast for fiscal year 2025.

Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 12.09% during past 5 years.

Intelligent Bio Solutions Inc (NASDAQ:INBS)’s Major holders

Insiders are in possession of 3.02% of company’s total shares while institution are holding 14.38 percent of that, with stock having share float percentage of 14.83%. Investors also watch the number of corporate investors in a company very closely, which is 14.38% institutions for Intelligent Bio Solutions Inc that are currently holding shares of the company.

On the other hand, Fidelity Extended Market Index Fund and Vanguard Extended Market Index Fund are the top two Mutual Funds which own company’s shares. As of Oct 31, 2024 , the former fund manager was holding 17.64 shares of worth $31048.0 or 0.40% of the total outstanding shares. The later fund manager was in possession of 15.48 shares on Sep 30, 2024 , making its stake of worth around $27253.0 in the company or a holder of 0.35% of company’s stock.