Growth Story Still Intact For Infobird Co Ltd (IFBD)

Infobird Co Ltd (IFBD) concluded trading on Thursday at a closing price of $1.47, with 22.04 million shares of worth about $32.4 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -79.47% during that period and on Thursday the price saw a gain of about 58.06%. Currently the company’s common shares owned by public are about 10.72M shares, out of which, 10.70M shares are available for trading.

However, the stock later moved at a day high price of 1.9488, or with a gain of 58.06%. Stock saw a price change of 54.72% in past 5 days and over the past one month there was a price change of 185.44%. Year-to-date (YTD), IFBD shares are showing a performance of 12.21% which decreased to -98.45% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $0.43 but also hit the highest price of $170.00 during that period. The average intraday trading volume for Infobird Co Ltd shares is 781.79K. The stock is currently trading 100.43% above its 20-day simple moving average (SMA20), while that difference is up 61.58% for SMA50 and it goes to -85.61% lower than SMA200.

Infobird Co Ltd (NASDAQ: IFBD) currently have 10.72M outstanding shares and institutions hold larger chunk of about 0.28% of that.

The stock has a current market capitalization of $15.76M and its 3Y-monthly beta is at 1.43. It has posted earnings per share of -$6.69 in the same period. It has Quick Ratio of 1.36 while making debt-to-equity ratio of 0.00. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for IFBD, volatility over the week remained 30.93% while standing at 29.64% over the month.

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