Market cap of Impact BioMedical Inc [IBO] reaches 9.43M – now what?

GBS Stock

Impact BioMedical Inc [AMEX: IBO] closed the trading session at $0.82.

The stocks have a year to date performance of -43.45 percent and weekly performance of -75.15 percent. The stock has been moved at -58.27 percent over the last six months. The stock has performed -43.06 percent around the most recent 30 days and changed -43.03 percent over the most recent 3-months.

If compared to the average trading volume of 3.18M shares, IBO reached to a volume of 38306139 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here’s what leading stock market gurus have to say about Impact BioMedical Inc [IBO]:

The Average True Range (ATR) for Impact BioMedical Inc is set at 0.79 The Price to Book ratio for the last quarter was 2.25, with the Price to Cash per share for the same quarter was set at 0.17.

IBO stock trade performance evaluation

Impact BioMedical Inc [IBO] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -75.15. With this latest performance, IBO shares dropped by -43.06% in over the last four-week period, additionally sinking by -58.27% over the last 6 months.

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 IBO stock in for the last two-week period is set at 42.74, with the RSI for the last a single of trading hit 86.27, and the three-weeks RSI is set at 80.64 for Impact BioMedical Inc [IBO]. The present Moving Average for the last 50 days of trading for this stock 24.84, while it was recorded at 24.84 for the last single week of trading, and 24.11 for the last 200 days.

Impact BioMedical Inc [IBO]: An insightful look at the core fundamentals

Impact BioMedical Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.25 and a Current Ratio set at 0.25.

Impact BioMedical Inc [IBO]: Institutional Ownership

There are presently around $1.89%, or 4.22%% of IBO stock, in the hands of institutional investors.