Spotting A Winner: Innovation Beverage Group Ltd (NASDAQ: IBG) Advances 47.88 And It Still Have Room To Run

Innovation Beverage Group Ltd (NASDAQ:IBG) currently has a daily average trading volume of 884.02K but it saw 12318709 shares traded in last market. With a market cap of 9.76M USD, the company’s current market price of $1.17 came rising about 47.88 while comparing to the previous closing price of $0.79. In past 52 weeks, the stock remained buoying in the range of price level as high as $3.35 and as low as $0.60. In the recent trading on the day, stock has struck highest price mark of $0.785 while lowest mark touched by it was $1.29.

Taking a look at 20-day trading activity of Innovation Beverage Group Ltd (IBG) gives us an average price of $0.7671, while its current price level is -65.07% below from 52-week high level whereas it is 95.00% above from lowest level seen by the stock during that period. A closer look into the stock’s movement over the week reveals that its volatility is standing at 28.97% during that period while stretching the period over a month that decreases to 19.57%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 52.76 which implies that the stock is in neutral territory.

Over the week, IBG’s stock price is moving 8.44% up while it is 60.49% when we observe its performance for the past one month. Year-to-date it is -59.93% down and over the past year.

The company is expected to be releasing its next quarterly report in December, for which analysts forecasted an EPS of 0 while estimate for next year EPS is 0.

Currently, Innovation Beverage Group Ltd’s total number of outstanding shares is 8.16M with 55.51% of that held by the insiders while 7.27% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -330.99% and return on equity (ROE) at -445.48%. Stock has a price to book (P/B) ratio of 15.69 while price to sale or P/S ratio amounts to 3.10. Its return on asset (ROA) is -42.42% on average.