NewGenIvf Group Ltd (NIVF): Uncovering A True Diamond In The Rough

NewGenIvf Group Ltd (NASDAQ:NIVF) currently has a daily average trading volume of 6.53M but it saw 3323436 shares traded in last market. With a market cap of 3.61M USD, the company’s current market price of $0.36 came rising about 7.88 while comparing to the previous closing price of $0.33. 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 $0.2925 while lowest mark touched by it was $0.3815.

Taking a look at 20-day trading activity of NewGenIvf Group Ltd (NIVF) gives us an average price of $0.3670, while its current price level is -97.94% below from 52-week high level whereas it is 48.46% 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 $0.4615 while that of 200 days or SMA-200 reads an average of $0.9534. A closer look into the stock’s movement over the week reveals that its volatility is standing at 18.82% during that period while stretching the period over a month that increases to 22.31%. 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 44.74 which implies that the stock is in neutral territory.

Over the week, NIVF’s stock price is moving -3.52% down while it is -6.24% when we observe its performance for the past one month. Year-to-date it is -12.10% down and over the past year, the stock is showing a downside performance of -96.73%.

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 -0.22. Its return on asset (ROA) is -1.50% on average.