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 446.98K but it saw 1986284 shares traded in last market. With a market cap of 1.21M USD, the company’s current market price of $2.13 came rising about 5.45 while comparing to the previous closing price of $2.02. In past 52 weeks, the stock remained buoying in the range of price level as high as $344.80 and as low as $1.86. In the recent trading on the day, stock has struck highest price mark of $1.87 while lowest mark touched by it was $2.68.

Taking a look at 20-day trading activity of NewGenIvf Group Ltd (NIVF) gives us an average price of $4.34, while its current price level is -99.38% below from 52-week high level whereas it is 14.52% 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 $6.20 while that of 200 days or SMA-200 reads an average of $15.60. A closer look into the stock’s movement over the week reveals that its volatility is standing at 43.89% during that period while stretching the period over a month that decreases to 22.69%. 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 28.58 which implies that the stock is in oversold territory.

Over the week, NIVF’s stock price is moving -12.85% down while it is -66.19% when we observe its performance for the past one month. Year-to-date it is -73.70% down and over the past year, the stock is showing a downside performance of -99.02%.

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

Company’s return on equity (ROE) at -1.65%. Stock’s beta reads -0.35. Its return on asset (ROA) is -1.50% on average.