NewGenIvf Group Ltd (NASDAQ: NIVF) Drops -43.36% Over A Month, But Analysts Still See Upside Potential

NewGenIvf Group Ltd (NASDAQ:NIVF) currently has a daily average trading volume of 6.27M but it saw 8633336 shares traded in last market. With a market cap of 3.33M USD, the company’s current market price of $0.33 came falling about -22.47 while comparing to the previous closing price of $0.42. In past 52 weeks, the stock remained buoying in the range of price level as high as $17.24 and as low as $0.24. In the recent trading on the day, stock has struck highest price mark of $0.3057 while lowest mark touched by it was $0.42.

Taking a look at 20-day trading activity of NewGenIvf Group Ltd (NIVF) gives us an average price of $0.3988, while its current price level is -98.09% below from 52-week high level whereas it is 36.99% 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 $0.6770 while that of 200 days or SMA-200 reads an average of $1.8007. A closer look into the stock’s movement over the week reveals that its volatility is standing at 37.02% during that period while stretching the period over a month that decreases to 25.37%. 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 40.08 which implies that the stock is in neutral territory.

Over the week, NIVF’s stock price is moving -9.00% down while it is -43.36% when we observe its performance for the past one month. Year-to-date it is -96.99% down and over the past year, the stock is showing a downside performance of -96.96%.

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 -0.15. Its return on asset (ROA) is -1.50% on average.