Inspira Technologies Oxy B.H.N. Ltd [IINN] Stock trading around $0.92 per share: What’s Next?

Inspira Technologies Oxy B.H.N. Ltd [NASDAQ: IINN] stock went on an upward path that rose over 8.93% on Tuesday, amounting to a one-week price increase of more than 9.57%.

Over the last 12 months, IINN stock rose by 7.16%. The one-year Inspira Technologies Oxy B.H.N. Ltd stock forecast points to a potential upside of 92.92. The average equity rating for IINN stock is currently 1.00, trading closer to a bullish pattern in the stock market.

The market cap for the stock reached $22.44 million, with 24.26 million shares outstanding and 22.10 million shares in the current float. Compared to the average trading volume of 771.12K shares, IINN stock reached a trading volume of 20065306 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Guru’s Opinion on Inspira Technologies Oxy B.H.N. Ltd [IINN]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for IINN shares is $13.00 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on IINN stock is a recommendation set at 1.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

The Average True Range (ATR) for Inspira Technologies Oxy B.H.N. Ltd is set at 0.09 The Price to Book ratio for the last quarter was 2.52, with the Price to Cash per share for the same quarter was set at 0.30.

IINN Stock Performance Analysis:

Inspira Technologies Oxy B.H.N. Ltd [IINN] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 9.57. With this latest performance, IINN shares dropped by -9.33% in over the last four-week period, additionally sinking by -5.63% over the last 6 months – not to mention a rise of 7.16% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for IINN stock in for the last two-week period is set at 44.69, with the RSI for the last a single of trading hit 49.45, and the three-weeks RSI is set at 42.90 for Inspira Technologies Oxy B.H.N. Ltd [IINN]. The present Moving Average for the last 50 days of trading for this stock 1.0625, while it was recorded at 0.8666 for the last single week of trading, and 1.3540 for the last 200 days.

Insight into Inspira Technologies Oxy B.H.N. Ltd Fundamentals:

Inspira Technologies Oxy B.H.N. Ltd’s liquidity data is similarly interesting compelling, with a Current Ratio set at 2.61.

Inspira Technologies Oxy B.H.N. Ltd [IINN] Institutonal Ownership Details

The top three institutional holders of IINN stocks are: CITADEL ADVISORS LLC with ownership of 54000.0 shares, which is approximately 0.4464%. IEQ CAPITAL, LLC, holding 51949.0 shares of the stock with an approximate value of $$71690.0 in IINN stocks shares; and IEQ CAPITAL, LLC, currently with $$33806.0 in IINN stock with ownership which is approximately 0.2025%.