In yesterday’s Wall Street session, Infobird Co. Ltd (NASDAQ:IFBD) shares traded at $1.09, up 30.68% from the previous session.
As of this writing, 1 analysts cover Infobird Co. Ltd (NASDAQ:IFBD). The consensus rating among analysts is ‘Buy’. As we calculate the median target price by taking the range between a high of $12.47 and a low of $12.47, we find $12.47. Given the previous closing price of $0.83, this indicates a potential upside of 1402.41 percent. IFBD stock price is now -12.06% away from the 50-day moving average and -66.38% away from the 200-day moving average. The market capitalization of the company currently stands at $3.80M.
There are 0 analysts who have given it a hold rating, whereas 1 have given it a buy rating. Brokers who have rated the stock have averaged $12.47 as their price target over the next twelve months.
A total of 6.33% of the company’s stock is owned by insiders.
There have been several recent changes in the stakes of large investors in IFBD stock. A new stake in Infobird Co. Ltd shares was purchased by ANSON FUNDS MANAGEMENT LP during the first quarter worth $548,000. SABBY MANAGEMENT, LLC invested $238,000 in shares of IFBD during the first quarter. In the first quarter, TWO SIGMA SECURITIES, LLC acquired a new stake in Infobird Co. Ltd valued at approximately $4,000. CITADEL ADVISORS LLC acquired a new stake in IFBD for approximately $4,000. In total, there are 5 active investors with 5.00% ownership of the company’s stock.
Friday morning saw Infobird Co. Ltd (NASDAQ: IFBD) opened at $1.0300. During the past 12 months, Infobird Co. Ltd has had a low of $0.59 and a high of $13.47. As of last week, the company has a debt-to-equity ratio of 0.53, a current ratio of 1.30, and a quick ratio of 1.30. The fifty day moving average price for IFBD is $1.2367 and a two-hundred day moving average price translates $3.2187 for the stock.
The latest earnings results from Infobird Co. Ltd (NASDAQ: IFBD) was released for Dec, 2022.
Infobird Co. Ltd(IFBD) Company Profile
Infobird Co., Ltd, through its subsidiaries, operates as a software-as-a-service (SaaS) provider of artificial intelligence (AI) enabled customer engagement solutions in the People’s Republic of China. The company offers customer relationship management cloud-based services, such as SaaS and business process outsourcing services to its clients. It also provides AI-powered cloud-based sales force management software, including intelligent quality inspection and intelligent training software to enable its clients to monitor, benchmark, and enhance the performances of agents; consumer product and retail store digitalization solutions; and other services, including software license selling, data analysis, and other professional services. The company serves corporate clients in the finance, education, public services, healthcare, and consumer products industries. Infobird Co., Ltd was founded in 2001 and is based in Beijing, the People’s Republic of China.
