In yesterday’s Wall Street session, Infobird Co Ltd (NASDAQ:IFBD) shares traded at $0.12, down -8.74% 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 $62.35 and a low of $62.35, we find $62.35. Given the previous closing price of $0.13, this indicates a potential upside of 47861.54 percent. IFBD stock price is now -74.26% away from the 50-day moving average and -95.00% away from the 200-day moving average. The market capitalization of the company currently stands at $16.34M.
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 $62.35 as their price target over the next twelve months.
A total of 0.21% 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 ACADIAN ASSET MANAGEMENT LLC during the first quarter worth $13,000. In total, there are 5 active investors with 0.11% ownership of the company’s stock.
Tuesday morning saw Infobird Co Ltd (NASDAQ: IFBD) opened at $0.1801. During the past 12 months, Infobird Co Ltd has had a low of $0.12 and a high of $8.50. As of last week, the company has a debt-to-equity ratio of 0.55, a current ratio of 1.32, and a quick ratio of 1.32. The fifty day moving average price for IFBD is $0.4510 and a two-hundred day moving average price translates $2.3620 for the stock.
The latest earnings results from Infobird Co Ltd (NASDAQ: IFBD) was released for Dec, 2022. The net profit margin was -277.29% and return on equity was -141.18% for IFBD.
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.
