Inspira Technologies Oxy B.H.N. Ltd. (NASDAQ:IINN) traded at $1.87 at close of the session on Monday, 01/23/23, made an upward move of 49.60% on its previous day’s price.
Looking at the stock we see that its previous close was $1.25 with the day’s price range being $1.24 – $1.90. In terms of its 52-week price range, IINN has a high of $3.54 and a low of $0.98. The company’s stock has gained about 55.83% over that past 30 days.
Inspira Technologies Oxy B.H.N. Ltd. has a market cap of $18.85 million.
There have been no upward and no downward revisions for the stock’s EPS in last 7 days, something that reflects the nature of company’s price movement in short term. On the other hand, looking at the outlook for the IINN stock, short term indicators assign the stock an average of Hold, while medium term indicators assign it an average of 50% Sell. Long term indicators on average place the stock in the category of 50% Buy.
Based on estimates by 1 analysts, where scores have ranged from 1.00 for a strong buy to 5.00 for a strong sell, 0 have rated the Inspira Technologies Oxy B.H.N. Ltd. (IINN) stock as a Hold, while 1 rate it as a Buy. 0 analyst(s) rate it as overweight while 0 of them rated it as underweight, whereas 0 suggest the stock as a Sell. The stock has an overall rating of Buy and investors could take advantage and scoop up stock of the company.
Looking further, we note the current price level is 47.59% off its SMA20 and 54.48% from its 50-day simple moving average. The RSI (14) is pointing at 74.45 while the volatility over the past week is 14.17% and jumps to 10.66% over the past one month. The average price target for the stock over the next 12 months is $10.00, with the estimates having a low of $10.00 and a high of $10.00. These price ends are -434.76% and -434.76% off the current price level respectively, although investors could be excited at the prospect of a -434.76% if the IINN share price touches on the median price of $10.00.
Coming back to Inspira Technologies Oxy B.H.N. Ltd. (NASDAQ:IINN), we note that the average 3-month trading volume was 99.08K, while that of the preceding 10-day period stands at 33170.0. Current shares outstanding are 7.80 million.
The insiders hold 26.66% of the company’s shares while institutions hold 2.50%. The data shows that short shares as of Oct 13, 2022, stood at 13450.0 at a short ratio of 0.37. This represents a 0.12% short interest in shares outstanding on Oct 13, 2022. Shares short fall in October from the previous month at 14490.0. Investors should be excited about this stock as its upside potential is great, with current price pushing the stock 44.96% up in year-to-date price movement.