INNEOVA Holdings Ltd (NASDAQ: INEO) is -42.55% lower on its value in year-to-date trading and has touched a low of $0.47 and a high of $8.27 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The INEO stock was last observed hovering at around $1.11 in the last trading session, with the day’s gains setting it 0.51%.
Currently trading at $1.62, the stock is 41.64% and 46.84% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 20.76 million and changing 45.95% at the moment leaves the stock -18.47% off its SMA200. INEO registered a loss of -43.16% in past 6-months.
The stock witnessed a 85.91% gain in the last 1 month and extending the period to 3 months gives it a 157.55%, and is 39.66% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 30.43% over the week and 17.16% over the month.
Distance from 52-week low is 245.93% and -80.41% from its 52-week high.
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INNEOVA Holdings Ltd (INEO) Top Institutional Holders
The shares outstanding are 9.88M, and float is at 9.88M with Short Float at 3.47%.
