Inno Holdings Inc (NASDAQ: INHD) Stock: Can It Go Higher?

In today’s recent session, 0.64 million shares of the Inno Holdings Inc (NASDAQ:INHD) have been traded, and its beta is -2.65. Most recently the company’s share price was $1.60, and it changed around $0.19 or 13.48% from the last close, which brings the market valuation of the company to $10.16M. INHD at last check was trading at a discount to its 52-week high of $19.78, offering almost -1136.25% off that amount. The share price’s 52-week low was $1.11, which indicates that the recent value has risen by an impressive 30.62% since then. We note from Inno Holdings Inc’s average daily trading volume that its 10-day average is 0.26 million shares, with the 3-month average coming to 939.62K.

Inno Holdings Inc (NASDAQ:INHD) trade information

Instantly INHD has been showing a green trend so far today with a performance of 13.48% on intraday trading today. The performance over the last five days has remained in the green territory. The rise to weekly highs of 1.5200 on recent trading daydecreased the stock’s daily price by -5.26%. The company’s shares are currently down -65.99% year-to-date, but still up 28.00% over the last five days. On the other hand, Inno Holdings Inc (NASDAQ:INHD) is 10.34% up in the 30-day period. We can see from the shorts that 0.24 million shares have been sold at a short interest cover period of 0.1 day(s).

INHD Dividends

Inno Holdings Inc’s next quarterly earnings report is expected to be released in July.

Inno Holdings Inc (NASDAQ:INHD)’s Major holders

Upon looking at major shareholders, it appears that insiders hold 21.91% of Inno Holdings Inc shares, and 0.43% of them are in the hands of institutional investors. The stock currently has a share float of 0.56%.

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