Impact BioMedical Inc (AMEX: IBO) Stock Forecast: An Analysis

In the last trading session, 2.18 million Impact BioMedical Inc (AMEX:IBO) shares changed hands as the company’s beta touched 0. With the company’s per share price at $0.75 changed hands at -$0.17 or -18.26% during last session, the market valuation stood at $9.09M. IBO’s last price was a discount, traded about -722.67% off its 52-week high of $6.17. The share price had its 52-week low at $0.36, which suggests the last value was 52.0% up since then. When we look at Impact BioMedical Inc’s average trading volume, we note the 10-day average is 46.77 million shares, with the 3-month average coming to 14.22 million.

Impact BioMedical Inc (AMEX:IBO) trade information

Instantly IBO was in red as seen at the end of in last trading. With action 107.68%, the performance over the past five days has been green. However, in the 30-day time frame, Impact BioMedical Inc (AMEX:IBO) is 36.73% up. Looking at the short shares, we see there were 0.25 million shares sold at short interest cover period of 0.69 days.

Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -153.63%.

IBO Dividends

Impact BioMedical Inc is expected to release its next quarterly earnings report in July.

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

If we look at who the major shareholders are, we find that insiders hold 39.26% of Impact BioMedical Inc shares while 3.19% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 5.26%.

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