Intelligent Bio Solutions Inc (NASDAQ:INBS) has a beta value of 4.60 and has seen 0.56 million shares traded in the recent trading session. The company, currently valued at $12.99M, closed the recent trade at $1.88 per share which meant it gained $0.15 on the day or 8.68% during that session. The INBS stock price is -59.57% off its 52-week high price of $3.00 and 46.81% above the 52-week low of $1.00. If we look at the company’s 10-day average daily trading volume, we find that it stood at 0.17 million shares traded. The 3-month trading volume is 129.90K shares.
Intelligent Bio Solutions Inc (NASDAQ:INBS) trade information
Sporting 8.68% in the green today, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the INBS stock price touched $1.88 or saw a rise of 13.76%. Year-to-date, Intelligent Bio Solutions Inc shares have moved 0.01%, while the 5-day performance has seen it change 9.95%. Over the past 30 days, the shares of Intelligent Bio Solutions Inc (NASDAQ:INBS) have changed -1.05%. Short interest in the company has seen 0.61 million shares shorted with days to cover at 3.76.
Intelligent Bio Solutions Inc (INBS) estimates and forecasts
The company’s shares have gained 41.36% over the past 6 months.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was 46.52% over the past 5 years.
INBS Dividends
Intelligent Bio Solutions Inc is expected to release its next earnings report on 2024-Nov-07 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Intelligent Bio Solutions Inc (NASDAQ:INBS)’s Major holders
Insiders own 1.37% of the company shares, while shares held by institutions stand at 12.83% with a share float percentage of 13.01%. Investors are also buoyed by the number of investors in a company, with Intelligent Bio Solutions Inc having a total of 10.0 institutions that hold shares in the company. The top two institutional holders are ALYESKA INVESTMENT GROUP, L.P. with over 0.22 million shares worth more than $0.43 million. As of 2024-06-30, ALYESKA INVESTMENT GROUP, L.P. held 6.9977% of shares outstanding.
The other major institutional holder is ADAR1 CAPITAL MANAGEMENT, LLC, with the holding of over 0.11 million shares as of 2024-06-30. The firm’s total holdings are worth over $0.21 million and represent 3.3982% of shares outstanding.
