Innovation Beverage Group Ltd [NASDAQ: IBG] gained 105.07% on the last trading session, reaching $0.76 price per share at the time.
Innovation Beverage Group Ltd represents 8.16 million in outstanding shares, while the company has a total market value of $7.03 million with the latest information. IBG stock price has been found in the range of $0.6544 to $1.3.
If compared to the average trading volume of 2.26M shares, IBG reached a trading volume of 219226469 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about Innovation Beverage Group Ltd [IBG]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for IBG shares is $4.00 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on IBG 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.
Trading performance analysis for IBG stock
Innovation Beverage Group Ltd [IBG] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 110.31. With this latest performance, IBG shares gained by 33.00% in over the last four-week period, additionally plugging by 17.33% over the last 6 months – not to mention a drop of -29.92% 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 IBG stock in for the last two-week period is set at 68.48, with the RSI for the last a single of trading hit 0.1539, and the three-weeks RSI is set at 0.1162 for Innovation Beverage Group Ltd [IBG]. The present Moving Average for the last 50 days of trading for this stock 0.6081, while it was recorded at 0.4276 for the last single week of trading, and 0.7069 for the last 200 days.
Innovation Beverage Group Ltd (IBG) Capital Structure & Debt Analysis
Innovation Beverage Group Ltd (IBG) Efficiency & Liquidity Metrics
Innovation Beverage Group Ltd (IBG) Efficiency & Liquidity Metrics
An analysis of Institutional ownership at Innovation Beverage Group Ltd [IBG]
There are presently around $7.46%, or 11.87%% of IBG stock, in the hands of institutional investors.
