NewGenIvf Group Ltd (NASDAQ: NIVF): Think Like A Lender, Not An Investor

NewGenIvf Group Ltd (NASDAQ:NIVF) currently has a daily average trading volume of 4.61M but it saw 1024968 shares traded in last market. With a market cap of 4.00M USD, the company’s current market price of $0.40 came rising about 10.61 while comparing to the previous closing price of $0.36. In past 52 weeks, the stock remained buoying in the range of price level as high as $17.24 and as low as $0.31. In the recent trading on the day, stock has struck highest price mark of $0.3569 while lowest mark touched by it was $0.4294.

Taking a look at 20-day trading activity of NewGenIvf Group Ltd (NIVF) gives us an average price of $0.5427, while its current price level is -97.71% below from 52-week high level whereas it is 27.58% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $0.7324 while that of 200 days or SMA-200 reads an average of $2.3277. A closer look into the stock’s movement over the week reveals that its volatility is standing at 17.85% during that period while stretching the period over a month that increases to 19.08%. 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 35.96 which implies that the stock is in neutral territory.

Over the week, NIVF’s stock price is moving 6.76% up while it is -41.71% when we observe its performance for the past one month. Year-to-date it is -96.38% down and over the past year, the stock is showing a downside performance of -96.34%.

Currently, NewGenIvf Group Ltd’s total number of outstanding shares is 10.15M. Company’s return on equity (ROE) at -1.65%. Stock’s beta reads -0.14. Its return on asset (ROA) is -1.50% on average.