No Stopping INVO Fertility Inc (NASDAQ: IVF) These Days

INVO Fertility Inc (NASDAQ:IVF) does about 1.49M shares in volume on a normal day but saw 2055309 shares change hands in the recent trading day. The company now has a market cap of 1.21M USD. Its current market price is $1.80, marking a decrease of -4.26% compared to the previous close of $1.88. The 52 week high reached by this stock is $17.04 whilst the lowest price level in 52 weeks is $1.38.

INVO Fertility Inc (IVF) has a 20-day trading average at $1.9270 and the current price is -89.44% off the 52-week high compared with 30.43% distance from its 52-week low. The 50-day simple moving average of the closing price is $2.6970 and its 200-day simple moving average is $7.4282. If we look at the stock’s price movements over the week, volatility stands at 30.49%, which decreases to 23.37% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 43.78 to suggest the stock is neutral.

The consensus objective for the share price is $6.00, suggesting that the stock has a potential upside of 70.0% over the period.

The current price level is -6.58%, -33.26%, and -75.77% away from its SMA20, SMA50, and SMA200 respectively, with the IVF price moving above the 50-day SMA on current market day. INVO Fertility Inc (IVF) stock is down -18.18% over the week and -18.18% over the past month. Its price is -81.48% year-to-date and -85.00% over the past year.

The company’s next earnings report forecasts estimating quarterly EPS at 0 and -1.11 for whole year. Expected sales for next quarter are $1.68M, which analysts say will come at $6.98M for the current fiscal year and next year at $7.68M. In addition, estimates put the company’s current quarterly revenue at an average of $1.61M.

To reach the target analysts have set, the stock logically needs to grow 70.0 percent from here.

Outstanding shares total 0.67M with insiders holding 13.80% of the shares and institutional holders owning 16.31% of the company’s common stock. The company has a return on investment of -210.61% and return on equity of -14358.50%. The beta has a value of 2.36. Price to sales ratio is 0.19.