Impact BioMedical Inc (AMEX: IBO) Shares Are Heading Higher

In the last trading session, 141.41 million shares of the Impact BioMedical Inc (AMEX:IBO) were traded. Most recently the company’s share price was $4.96, and it changed around $2.88 or 138.46% from the last close, which brings the market valuation of the company to $57.04M. IBO currently trades at a discount to its 52-week high of $3.25, offering almost 34.48% off that amount. The share price’s 52-week low was $0.51, which indicates that the current value has risen by an impressive 89.72% since then. We note from Impact BioMedical Inc’s average daily trading volume that its 10-day average is 17.3 million shares, with the 3-month average coming to 546.12K.

Impact BioMedical Inc (AMEX:IBO) trade information

Instantly IBO has showed a green trend with a performance of 138.46% at the end of last trading. The performance over the last five days has remained in the green territory. The rise to weekly highs of 24.84 on recent trading dayincreased the stock’s daily price by 80.03%. The company’s shares are currently up 242.07% year-to-date, but still up 726.67% over the last five days. On the other hand, Impact BioMedical Inc (AMEX:IBO) is 148.00% up in the 30-day period. We can see from the shorts that 12105.0 shares have been sold at a short interest cover period of 0.41 day(s).

IBO Dividends

Impact BioMedical Inc’s next quarterly earnings report is expected to be released in April.

Impact BioMedical Inc (AMEX:IBO)’s Major holders

Upon looking at major shareholders, it appears that insiders hold 55.16% of Impact BioMedical Inc shares, and 1.89% of them are in the hands of institutional investors. The stock currently has a share float of 4.22%.